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Showing 381 - 390 of 3417 results for "Update"

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
The wealth management industry has overwhelmingly welcomed the federal government's commitment to pay superannuation on the Commonwealth Paid Parental Leave scheme. The Albanese government has said, if it wins the next election, it will add superannuation ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... 2023 to protect Australians from digitally enabled misconduct. According to ASIC's latest enforcement and regulatory update, it has secured almost $60 million in civil penalties and nine criminal convictions relating to scamming in the half year ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... circumstances. Former E&P chief executive Alan Dixon and former director Christopher Brown were also named in the lawsuit. In an update to the ASX, E&P said that if the conditional settlement is approved, it "will be an important milestone" for the company. ...

Canna Campbell slapped with $114k legal bill

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... objectivity, and fairness. As a result of this litigation, a complaint was raised with ASIC and the FAAA in January and no update has been provided," Korolak said.

Teals will push for super tax indexation: Burgess

CHLOE WALKER  |  THURSDAY, 22 FEB 2024
... superannuation tax, but Teal independents intend to force an amendment ensuring it is indexed. Providing a legislative and technical update at the SMSFA National Conference this morning, chief executive Peter Burgess said the association has run the ...

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
The Australian Prudential Regulation Authority (APRA) has proposed changes to operational risk financial requirements for registrable superannuation entities (RSE) licensees. The prudential regulators adjustments are designed to bolster the ability ...

Link, The Trust Bank progress acquisition

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
... Mitsubishi UFJ Financial Group (The Trust Bank) by mid-2024, having kicked off work to integrate the businesses. In a trading update this morning, Link said it has filed all major regulatory approval submissions with relevant authorities in Australia ...

UK, Japan slip into technical recession

KARREN VERGARA  |  FRIDAY, 16 FEB 2024
... the economy's capacity. We project 1% growth in 2024. This is up slightly from our most recent World Economic Outlook update. Thanks to stronger government spending. And achieving sustained 2%, inflation looks increasingly likely." The IMF predicts ...

Fiducian reports strong first half, flags growth plans

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... management for the six months to December end, saying it's the result of a disciplined business plan. In its half-year update, Fiducian said its underlying net profit after tax came in 17% higher at $8.2 million. Its statutory net profit after tax was ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
Research commissioned by the Financial Services Council (FSC) reveals that within the next decade, nearly one-fifth of Australian households will become eligible to purchase wholesale products without retail consumer protections. Accordingly, the research ...