Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 461 - 470 of 1292 results for "Request"

ANZ accused of exploiting staff

ELIZABETH MCARTHUR  |  MONDAY, 27 APR 2020
... note, seen by Financial Standard, ANZ asked staff to get their leave balances down to four weeks by September 30. The request said that this would apply even to the executive and that no one within the bank is "too senior or important or busy" not to ...

Billions withdrawn from super

ELIZA BAVIN  |  FRIDAY, 24 APR 2020
... take. Similarly, if an individual approaches the EPSSS directly, it will be for the trustee to determine how to manage the request. "When an individual applies they will be presented with all open accounts that are not in retirement phase. This will ...

APRA questioned on fund liquidity

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
... accessing the governments ERS scheme. Funds have been given five days to release a member's money once they receive the request from the ATO.

Five day deadline tough but workable

ELIZABETH MCARTHUR  |  TUESDAY, 21 APR 2020
... Bloch confirmed that Mercer expects payments to members to take around five days if there are no concerns with the payment request or the member file, with members being notified once the payment has been processed. "Ensuring Australians receive the ...

Aussies flood to ERS as applications open

ELIZA BAVIN  |  MONDAY, 20 APR 2020
... by the ATO," the ATO said. "If the individual is not eligible for a direct payment of ATO-held super, they will need to request a transfer of the ATO-held super into an account held by a super provider on their behalf before requesting its release."

AFCA extends complaints response time

ALLY SELBY  |  THURSDAY, 16 APR 2020
The Australian Financial Complaints Authority (AFCA) will provide a nine-day extension to consumers, small businesses and financial services firms to respond to complaints amid the COVID-19 crisis. The change comes into effect immediately and will apply ...

ERS can be drawn from multiple funds: ATO

ELIZA BAVIN  |  THURSDAY, 16 APR 2020
... multiple funds. The ATO said while a member can only apply for one determination per financial year, they are able to request withdrawals from multiple funds so long as it is in the same application. This allows individuals who hold multiple super accounts ...

ASIC provides relief around early super access advice

JAMIE WILLIAMSON  |  TUESDAY, 14 APR 2020
... delaying its work on life insurance advice and grandfathered conflicted remuneration until further notice. ASIC will not request client information or client files from advisers, and will not ask product issuers for data. That said, ASIC said it still ...

Hostplus responds to PDS controversy

ELIZABETH MCARTHUR  |  THURSDAY, 9 APR 2020
Hostplus has responded to a series of reports suggesting the fund does not have ample liquidity to handle the government's plan to allow people to access their super early and claims it updated its PDS in preparation for mass redemptions. As part of ...

Mayfair 101 accused of misleading advertising

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
ASIC is taking Mayfair 101 to court alleging that the investment manager misled consumers in its advertising. At issue is Mayfair's use of Google Ad Words and Bing Ads as well as claims Mayfair made that ASIC says were false, misleading or deceptive. ...