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| | | ... deliberately engaged in the conduct in pursuit of profits. ASIC also questioned the judge's reliance on a Block Earner press release as grounds for relief despite no evidence "anyone formed an erroneous belief based on that press release." Further, ASIC ... |
| | | | ... informed by advice that is in the best interests of super fund members." "Disappointingly, some comments I made in a media release earlier this week highlighting ASIC's recent concerns about a small subset of operators using cold-calling and online ... |
| | | | The Australian Prudential Regulation Authority (APRA) has released its finalised prudential practice guide to help superannuation trustees, banks and insurers strengthen their management of operational risk and improve business continuity planning. ... |
| | | | ... progress. Industry consultation on the solution, plan and implementation approach has progressed. Delivery of the first release is underway and the teams from ASX, TCS, our product partner, and Accenture, our delivery partner, are working well together. ... |
| | | | The prudential regulator is reminding trustees that managed accounts and separately managed accounts (SMAs) are high on its radar when administering the performance test. APRA told trustees that SMAs and other managed accounts can fall into the TDPs ... |
| | | | The World Economic Forum released its Global Gender Gap Report for 2024 revealing that, at the current pace, it will take another 134 years - equivalent to five generations - to achieve full gender parity. Globally, the gender gap has closed by just ... |
| | | | The Capgemini Research Institute's World Wealth Report 2024, released today, shows high-net-worth individuals (HNWIs) and their wealth hit unprecedented levels in 2023, driven by a rebound in the global economic outlook. According to the report, global ... |
| | | | While the 0.1% increase in quarterly GDP was in line with experts' expectations, it still paints a dire picture for Australia's economic path. Annual GDP growth has fallen to just 1.1%, the slowest rate of annual growth in GDP in more than three ... |
| | | | ... FY25. "We confirm the previously announced expected revenue synergy of $5.8 million per annum run rate in FY25, capital release of $10 million expected by the end of the calendar year contingent on court approval and within the implementation budget ... |
| | | | More than a year on from a Treasury consultation on giving victims of child sexual abuse access to their abuser's superannuation for compensation purposes, little headway has been made. At the same time, experts say the government's proposals ... |
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