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Showing 31 - 40 of 291 results for "Agents"

Super funds taking on the climate crisis

ANDREW MCKEAN  |  WEDNESDAY, 30 AUG 2023
... to shift capital from high-emission to low or zero-emission investments affords superannuation funds the ability to be 'agents of positive change'. Rest head of responsible investment and sustainability Leilani Weier explained that the industry fund ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
Tax agents found evading laws could face over $780 million in penalties following the ongoing fallout of the PwC scandal. In what's being called the biggest crackdown on tax agent misconduct in Australian history, the government has bumped up fines ...

State Street brings Fund Connect ETF Portal to Australia

ANDREW MCKEAN  |  TUESDAY, 1 AUG 2023
... an integration into order management systems, offers a direct channel between market makers, APs, distributors, transfer agents, sub-advisors, sponsors, and direct access to ETFs. "State Street has 30 years of experience servicing 47% of ETF assets globally," ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... tactics were applied. Sales tactics were used to overbear the free will of consumers. Having made the sales, retention agents ignored the express wishes of the consumers to cancel policies and acted so as to wear them down," the judge said. The banking ...

Treasury to scrap advice admin burdens, boosts intra-fund advice

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... advice has not been provided in the previous 12 month is to be removed. The exception to conflicted remuneration rules for agents or employees of Australian Authorised Deposit-Taking Institutions (Recommendation 13.5) will also be removed. Life, general ...

TPB grilled over handling of PwC scandal

JAMIE WILLIAMSON  |  THURSDAY, 1 JUN 2023
... considering a particular sanction for the consultant, he said it is not "at this time." Under the Tax Services Act 2009, tax agents are required to always act honestly and with integrity. Senator Pocock asked de Cure whether he believed PwC had done ...

Budget cuts advisers' power bills, admin burden

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... duplication of paperwork for Single Touch Payroll lodgements will be eliminated by allowing employers to provide their tax agents with authority to act on their behalf for extended periods." Acknowledging the increasing threat of cybercrime, Chalmers ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... revisited Bangladesh, nine years after an earlier site visit to tour factories, to speak with workers, factory owners, agents and unions. "Once companies signed up to the Accord - which has led to significant improvements but hasn't been a panacea ...

Experience pathway consultation opens

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... currently fail to meet the education standards for technical reasons," Treasury said. For advisers that are registered tax agents, under the new law, they will no longer be required to meet the additional education requirements to be a qualified tax ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... Introducer Program enabled unlicensed third parties to refer customers to ANZ for loans. This included cleaners and real estate agents who referred customers to ANZ in return for an upfront commission. The proceedings, initiated by ASIC, will see ANZ ...