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Showing 21 - 30 of 2018 results for "Legislation"

Major super reforms cost members $670m in death benefits: ASFA

KARREN VERGARA | FRIDAY, 6 MAR 2026

... research from the Association of Superannuation Funds of Australia (ASFA) shows. Seven years since the two pieces of legislation took effect, ASFA estimated about 5000 Australians per year died without life insurance cover, resulting in their families ...

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

JAMIE WILLIAMSON | THURSDAY, 5 MAR 2026

... sure that doesn't happen," minister for financial services Daniel Mulino said, adding that it is unlikely draft legislation on the issue will be made available before the Federal Budget in May as the government does not wish to rush a decision. The ...

ASIC reviews lead generators again, names advisers using them

JAMIE WILLIAMSON | WEDNESDAY, 18 FEB 2026

... to call for a ban on lead generation for superannuation and financial advice, including extending the anti-hawking legislation to cover financial advice. As it stands, the anti-hawking legislation only applies to the sale of financial products, including ...

AustralianSuper calls for reform in pre-Budget submission

ELIZA BAVIN | MONDAY, 16 FEB 2026

... and deliver better outcomes so more Australians can live well in retirement." The $400 billion super fund called for legislation to allow members to make contributions to pension accounts; implementing the Delivering Better Financial Outcomes (DBFO) ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA | FRIDAY, 13 FEB 2026

... collapses came under the spotlight at a recent parliamentary hearing. APRA chair John Lonsdale told the Senate Economics Legislation Committee that "trustees are the only part of the chain of involvement in the Shield and First Guardian situation that ...

Government consults on victim access to child sex abusers' super

MATTHEW WAI | TUESDAY, 3 FEB 2026

After stagnating for several years, the government has released draft legislation to prevent convicted child sexual abusers from hiding their assets in superannuation to avoid compensating their victims. Identical to the January 2023 discussion paper ...

Chartered accountants should be allowed to provide advice: CA ANZ

MATTHEW WAI | MONDAY, 2 FEB 2026

... policies, including aged care subsidies, and super laws, in an equivalent way to its recently completed Financial Services Legislation Inquiry.

Review launched into thin capitalisation reforms

ELIZA BAVIN | MONDAY, 2 FEB 2026

... months. The independent review of the thin capitalisation reforms is a statutory requirement, stipulated when the legislation passed in April 2024. "The three big economic priorities for the Albanese Government this year are addressing inflation, productivity ...

Genetic testing ban may drive up insurance cost, premiums: FAAA

KARREN VERGARA | WEDNESDAY, 28 JAN 2026

... Australians. In a submission, the association highlighted the potential "material impact on life insurance claims" the new legislation will have. The Treasury Laws Amendment (Genetic Testing Protections in Life Insurance and Other Measures) Bill 2025 ...

Shadow Minister for Financial Services Pat Conaghan resigns

ELIZA BAVIN | THURSDAY, 22 JAN 2026

... "Party convention dictates that Shadow Ministers must align in solidarity with the Leader of the Opposition on all legislation to pass the floor. Unfortunately, we could not come to an agreement in full with our Liberal Party colleagues regarding the ...

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BT appoints new head of strategy

KARREN VERGARA

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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