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Showing 531 - 540 of 2047 results for "Legislation"

Tasplan raises IP premiums

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
The cost of income protection cover via Tasplan will go up by 7.3% at the end of September. Tasplan attributed the increase to the trio of recent legislative reforms, current economic environment and increase in insurance benefits being paid to members. ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
... interim report. The first will focus on the appropriate use of definitions in corporations and financial services legislation and is due by 30 November 2021, covering the consistent use of terminology and appropriate design of definitions. The second ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... are ongoing. "The decision to reset AMP's commercial terms was difficult but necessary given the recent changes to legislation following the Royal Commission resulting in significant economic changes and disruption across the industry. This includes ...

UK pensions to factor in climate change risk

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
... the first major economy to do so. Speaking last week, the UK's work and pensions secretary Therese Coffey proposed legislation that would require occupational pension scheme trustees to consider the long-term financial risks posed by climate change. ...

LIC seeks conversion to ETF

KANIKA SOOD  |  THURSDAY, 3 SEP 2020
... units, changing managers or strategy, merging with an existing LIC or converting to an unlisted fund.Recent changes to legislation also stopped LICs and LITs from paying commissions to financial advisers. Zenith Investment Partners head of listed strategies ...

JobKeeper extension passed

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... Frydenberg took the opportunity to thank the opposition for the "constructive approach" they had taken in progressing the legislation through the parliament. "At an expected cost of over $100 billion, JobKeeper forms a vital part of the government's ...

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... built. "The parliamentarians are paying themselves 15.6%, so ordinary working people get 9.5%. The parliament said in legislation you can have 12% over five years and the liberal party is saying that's too good for [the average Australian]," Keating ...

ASIC relaxes IPO red tape

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
... issuance of regulatory relief. Following a public consultation in February 2020, the corporate regulator has amended the legislation to grant relief for voluntary escrow arrangements requested by public companies and pre-prospectus communications to ...

Link suffers in COVID environment

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
Link Group has posted disappointing FY20 results across the board weighed down by tough trading conditions and increased regulatory costs. Compared to last year Link posted a 12% fall in statutory net profit, a 27% fall in operating net profit after ...

Embattled AMP sees wealth earnings dive

ELIZA BAVIN  |  THURSDAY, 13 AUG 2020
... earnings were impacted by lower investment related revenue due to weaker investment markets, Protecting Your Super legislation, and product fee reductions. Controllable costs decreased by $1 million, down to $246 million in the first half, reflecting ...