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| | | ... to rely on the experience pathway. It also urged licensees to take caution when making changes as common errors have been made, like incorrectly marking an adviser as being on the experience pathway when they're not eligible. It said it's also ... |
| | | | ... core payouts rising 13.8% year-over-year, more than twice the pace of the wider world, the report said. Meanwhile, the US made the most substantial contribution, owing to its sheer size, to the $108.3 billion (US$71.3bn) increase over the previous corresponding ... |
| | | | ... called two investor meetings, both of which were unable to go ahead as other investors failed to attend. In response, Hostplus made a surprisingly public statement. "Hostplus is disappointed that having convened an APPF Industrial investor meeting in ... |
| | | | HESTA has reduced investment fees across its ready-made investment options in the last financial year and announced a lower minimum balance for accessing Income Stream products. The investment fee reductions were across HESTA's top four ready-made ... |
| | | | ASIC issued two infringement notices to the industry fund for misleading statements it made after charging more than 2000 members for insurance cover they were not supposed to have. The regulator said Rest made false or misleading representations in ... |
| | | | The Compensation Scheme of Last Resort (CSLR) has made 551 payments totalling $54 million since it began operating, some 291 of which were made in relation to Dixon Advisory. The overwhelming majority of payments relate to personal financial advice ... |
| | | | ... changes to firms' reporting obligations," ASIC said. "While proceeding with plans to publish firm-level IDR data, ASIC has made key changes to how the data will be presented, including around complainant privacy, data comparisons, and explanatory ... |
| | | | ... understand the conservatism. No one wanted to be first, but equally, no one wants to be last," he explains. Other priorities that made national headlines heavily weigh on super funds' minds, outpacing any urgency they might place on delivering digital ... |
| | | | ... whether the information is based on genetic test results. Those applying for life insurance would not be considered to have made a misrepresentation if they were to omit 'protected genetic information' - a concept introduced by the legislation - as the ... |
| | | | ... among those with lower balances and younger retirees, which could be linked to cost-of-living pressures. SMC's submission made nine broad recommendations, calling on the government to make sure the Age Pension is recognised within the principles ... |
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