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Showing 21 - 30 of 100+ results for "Treasury"

Hume pledges less red tape for advisers

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... if there are things that the industry would like to give me on the Code of Ethics, that's something [that I and] treasury can actually take on board," she said. Jones added the Labor Party acknowledges that the advice business model - including risk ...

CSLR will not fully protect investors

KARREN VERGARA  |  WEDNESDAY, 16 FEB 2022
... extend to wholesale investors. They have financial resources to be able to take matters through the court. Again, the Treasury review of AFCA made it clear that they think AFCA should in fact be more careful in exercising its discretion to take complaints ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
Thirty-one part-time members of the Financial Services and Credit Panel (FSCP) have been appointed by Treasury as the new disciplinary regime kicks off. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... understanding among retail investors that buy financial products and services. "On this recommendation we note that ASIC and Treasury already invest a considerable amount in financial literacy and consumer awareness work, including through Moneysmart. ...

$450 super threshold scrapped

JAMIE WILLIAMSON  |  FRIDAY, 11 FEB 2022
... further lobby for SG contributions to continue while on parental leave. The removal of the threshold was contained in Treasury Laws Amendment (Enhancing Superannuation Outcomes For Australians and Helping Australian Businesses Invest) Bill 2021, which ...

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
... vote was moved by Independent Senator Rex Patrick and supported by the crossbench. The changes to regulations via the Treasury Laws Amendment (Greater Transparency of Proxy Advice) Regulations 2021 started on February 7, and required all proxy advisers ...

Jarden hires emerging companies executive

KARREN VERGARA  |  WEDNESDAY, 9 FEB 2022
... the Kiwi investment bank in April, having recently worked at Caltex (now Ampol) and as head of investor relations and treasury at Aristocrat Leisure. Prior to that, Gallagher spent 12 years at Credit Suisse as managing director and deputy head of research ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
... committee's ongoing review of the four major banks and other financial institutions. Representatives from APRA, ASIC, Treasury and the University of New South Wales have been asked to appear. "Amendments to Section 56 of the Superannuation Industry ...

Consumer advocates criticise advice review

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
... remuneration. "Inexplicably, the draft terms of reference for the advice review says nothing about these issues and the Treasury's landing page makes no reference to 'conflicted remuneration' or even 'insurance'," Newton said. "The advice review cannot ...

Oliver Wyman recruits former Westpac executive

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... almost five years. Prior to that, she held senior roles at Commonwealth Bank in the areas of retail banking services and treasury. Other past roles include Barclays head of financial institutions, Trading Room chief executive and Citibank vice president ...