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Showing 471 - 480 of 1328 results for "AFFECTED"

ASIC boosts AFSL application requirements

HARRISON WORLEY  |  MONDAY, 8 JUL 2019
... provide more historic information to the corporate regulator. ASIC released information sheet 240 to help guide for AFSLs affected by the change, which includes APRA regulated bodies (such as superannuation funds) and applicants proposing to offer "certain" ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
... disgorgement and prejudgment interest of $69.8 million (USD48.78 million), which State Street has been returning directly to the affected registered investment companies. It will also pay a civil penalty of $57.2 million (USD40 million).

APRA warns trustees on PYSP deadline breach

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2019
... held within a superannuation account. The other would ensure members under fixed-term insurance arrangements are not affected and their cover is not inappropriately removed. "This may affect conventional products where the switching off of cover would ...

Whistleblowers given new protection

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
... whistleblowers to come forward to the company or ASIC to raise their concerns. The protections apply to those who observe or are affected by corporate misconduct and may face reprisals for reporting it. This covers both current and former company employees ...

QSuper lowers balanced fund fees

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... shares options. It also introduced changes to income protection waiting periods and benefit periods from July 1, which affected some members depending if they have personalised their cover. Members who have income protection cover will see their waiting ...

MLC Super updates TPD cover, premiums

KARREN VERGARA  |  TUESDAY, 2 JUL 2019
... week; those working in high risk occupations, and members aged 65 years or older and are still working, will also be affected by the TPD definition changes. This cohort will have their TPD claims assessed under the Any Occupation definition. Before 1 ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
... revealed only three members of the fund are expected to be impacted by the legislation. While he noted more members may be affected in future, Maloney said the fund expects most accounts to remain active. "We are lucky however, as Student Super is a ...

How key is gender in retirement outcomes?

HARRISON WORLEY  |  TUESDAY, 18 JUN 2019
... consideration needs to be given to how the fundamental principles of financial security, fairness and efficiency are affected.

LUCRF Super ups premiums for older members

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
... aged 50 and over the hardest - death only cover will reduce while premiums will rise. The fund is consequently offering affected members two options, which it states will allow them to keep their current level of fixed premium death-only cover after ...

Super fund overhauls group insurance cover

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2019
... protection will change from three years to two years. Members in defined benefit, state or police accounts will also be affected by the changes if they leave their jobs. Queensland Government employees for example, will have the greater of 90 days or ...