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Showing 21 - 30 of 898 results for "Compensation"

Government looks to better define roles of regulators

ELIZA BAVIN  |  THURSDAY, 19 MAR 2026
... platforms undertake the right due diligence and stand behind the products they have on their systems. Touching on the Compensation Scheme of Last Resort (CSLR), Mulino acknowledged the scheme has become a "pivotal" part of the broader financial sector ...

Sequoia advances InterPrac takeover talks

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... client was an acknowledgement that it had breached the law. It also said the client should lodge a further claim for compensation with the trustee of Macquarie Super Fund.

Interprac sues AFCA over Shield determination

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2026
... client was an acknowledgement that it had breached the law. It also said the client should lodge a further claim for compensation with the trustee of Macquarie Super Fund. AFCA determined Interprac was still at fault given the advice to invest more than ...

Treasury proposes options to block victim-survivors' super going to perpetrators

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
... draft legislation preventing convicted child sex abusers from hiding their assets in superannuation to avoid paying compensation orders to victims.

MIS review ignores key issues: FAAA

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
... where the obligations and transparency are much reduced. Additionally, it wants MISs included within the scope of the Compensation Scheme of Last Resort (CSLR) alongside reforms enabling Australian Financial Complaints Authority (AFCA) to apportion blame ...

AFCA reveals outcome of final lead decision

MATTHEW WAI  |  MONDAY, 2 MAR 2026
... resulting in an additional direct loss of $36,000. "The panel found it was fair for both financial firms to provide compensation for these losses, as well as for Next Generation Advice to make a further contribution towards winding up the SMSF," AFCA ...

AFCA receives record complaints in 2025

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
... or charges (6148). Despite a significant increase in complaints, AFCA has also saw a record number of refunds and compensation for the year. The authority secured $643 million for complainants, which was a 120% increase from the previous calendar year. ...

Process to become an adviser remains 'unattractive': SMSFA

MATTHEW WAI  |  THURSDAY, 19 FEB 2026
... Financial Outcomes and education reforms are currently off the government's radar due to the ballooning costs of the Compensation Scheme of Last Resort (CSLR). These reforms were crucial to introducing a new class of advisers and streamlining the intricate ...

Most sought-after professionals revealed

ELIZA BAVIN  |  THURSDAY, 19 FEB 2026
... of what is attracting talent, the survey found the top three things employees value in an employer are excellent compensation and benefits; work-life balance and flexible working arrangements; and a positive and supportive workplace culture. In line ...

Aged care advice needs regulatory intervention: Research

ANGELIQUE MINAS  |  TUESDAY, 10 FEB 2026
... interests, meet minimum education and competency standards, and carry professional indemnity insurance to ensure compensation in cases of professional misconduct and participate in an external complaints resolution body. "Unlicensed providers do not ...