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Showing 531 - 540 of 3943 results for "Law"

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
The federal government is launching an initiative to provide transparency and better coordination in how it regulates financial services firms to alleviate their compliance costs and burdens. The Financial Sector Initiatives Regulatory Grid wants to ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
Hostplus rejects claims it is promoting anti-competitive behaviour in attempting to ban human resources technology platforms from offering employees choice of superannuation funds at the onboarding process. Employment Hero chief executive Ben Thompson ...

MetLife chair Geoff Brunsdon retires after 13 years

ELIZA BAVIN  |  TUESDAY, 12 MAR 2024
MetLife Australia has a new chair, while the former chief executive of an industry super fund is also joining the board. MetLife Australia announced the retirement of MetLife Insurance Limited chair Geoff Brunsdon, after serving on the board for 13 ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... in conduct concerning financial services that's misleading or deceptive. "... AI technology can be quite complex, but the law isn't murky in the sense that if you're making a representation about the way in which your company uses AI, it must be true," ...

New campaign pushes for reproductive leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
Calls for a paid reproductive leave scheme are mounting, as Queensland Unions launches a campaign pushing for new entitlements including preventative health leave. It comes as the Senate investigates issues related to menopause and perimenopause. The ...

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
ASIC is pushing for Prospero Markets to be wound up following revelations that it was linked to one of Australia's biggest-ever money-laundering operations. Former officers and responsible managers of over-the-counter (OTC) derivatives issuer Prospero ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... external legal advice throughout the ASIC investigation. We confirm that MSC maintains there has been no contravention of the law." "Despite this, MSC has paid the infringement notice in order to bring this matter to a conclusion. ASIC's inquiries and ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
The Association of Superannuation Funds of Australia (ASFA) has reported a sharp decline in group insurance coverage, pointing the finger at recent reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... a template that summarises the core issues and principles that can be applied to a batch of similar cases. Melbourne-based law firm Mackay Chapman said that there are approximately 2550 DASS self-managed super fund (SMSF) clients who have not yet lodged ...

Fidelity launches global bond fund

CHLOE WALKER  |  WEDNESDAY, 28 FEB 2024
Fidelity International has launched the Fidelity Global Bond Fund, offering investors a broad and diversified exposure to global bond markets. The fund invests mainly in investment-grade global sovereign and corporate bonds but also provides exposure ...