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Showing 451 - 460 of 4616 results for "Issues"

ASIC's harsh words to directors: 'It's not meant to be easy'

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
... mandatory climate disclosure, cybersecurity, and AI - directors who are focused on doing the right thing shouldn't face any issues. "It's not impossible to comply. It's tough love but being a director isn't easy - if it were, anyone could do it. Good ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... Your Future, Your Super package. Retail funds will also grow, but at a slower rate reflecting the gradual remediation of issues raised by the Hayne Royal Commission. SMSFs will remain popular, but their growth is expected to be less strong for pre-retirement ...

Lombard Odier brings plastic circularity fund down under

JAMIE WILLIAMSON  |  TUESDAY, 19 MAR 2024
... positioned to capture the worldwide transition undergone by the plastic value chain with the objective to reduce plastic waste issues and deliver attractive financial returns and sustainability outcomes worldwide," he added. In support, AFM Investment ...

Inaugural CSLR levy slugs advisers $18.5m

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... government, appear to have had a highly retrospective and negative effect. "It is extremely concerning that because of these issues, the high quality and compliant financial advisers of today are being asked to fund compensation for the clients of Dixons ...

Treasury releases draft legislation for new $3m super tax

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... in the policy design were identified during the consultation process remain in the bills tabled. This is despite these issues being raised with Treasury through both direct engagement and the formal consultation processes." The SMSFA said elements of ...

Australian Retirement Trust completes Alcoa merger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... that led Alcoa to consider its options followed a review by APRA that identified it as one of many facing sustainability issues, largely because of its declining membership. In determining sustainability of the fund, APRA looked at the number of member ...

AFCA secures $40m in refunds

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... more than $40 million in refunds for hundreds of thousands of consumers between July and December 2023. AFCAs Systemic Issues Insights Report revealed the 139,011 consumers received their share of $40 million after 111 systemic issues were identified. ...

FAAA calls on ATO to provide clarity over advice fees

ELIZA BAVIN  |  THURSDAY, 14 MAR 2024
... deductibility of upfront fees under section 8-1 of the ITAA (a general deduction). The FAAA's submission also addresses some issues around apportionment and evidentiary requirements to make it more straight forward for advisers and their clients to identify ...

Taskforce suggests aged care funding be based on personal wealth

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... said it has made its recommendations with the aim of not creating new or exacerbating existing intergenerational equity issues. It has therefore recommended older people make a co-contribution to the cost of their aged care based on their means, noting ...

ASIC, APRA issues more FAR guidance

KARREN VERGARA  |  MONDAY, 11 MAR 2024
APRA and ASIC have released more information about the Financial Accountability Regime (FAR) in preparation for the March 15 launch date. The regulators unveiled several key materials for the financial services sector, which were under consultation ...