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Showing 551 - 560 of 3388 results for "Response"

ANZ reaches agreement with QLD government over Suncorp

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... head following it underpaying nearly 16,000 employees between May 2014 and March 2022. At the same time, it released a response to the ACCC Statement of Preliminary Views regarding its proposed sale to ANZ. Suncorp chief executive Steve Johnson commented ...

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
... frameworks embedded and operationalised to prevent, detect and swiftly remediate potential breaches of their obligations." In response, OnePath Custodians chair Lindsay Smartt said: "OnePath Custodians acknowledges the infringement notices and fine issued ...

Industry bodies respond to QAR recommendations

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
The wealth management industry has broadly welcomed the bulk of the Quality of Advice Review recommendations Labor will prioritise, with many agreeing that the reforms will fix financial advice and ultimately benefit consumers. In releasing the first ...

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

KARREN VERGARA  |  TUESDAY, 13 JUN 2023
... implementation issues, including in relation to consumer protections," Jones said. "The government will issue its final response on the Delivering Better Financial Outcomes package later in 2023." No going back In adopting the bulk of the recommendations ...

Suncorp wage scandal comes to a head

ANDREW MCKEAN  |  FRIDAY, 9 JUN 2023
... Work Ombudsman from their group executive, confirming their compliance. Meanwhile, Suncorp today announced its official response to the preliminary views of the ACCC regarding the proposed sale of Suncorp bank to ANZ. Suncorp group executive Steve Johnston ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... information obtained during a confidential consultation with Treasury concerning tax law changes, has been escalated. In response, AustralianSuper became the first superannuation fund to freeze any new contracts with PwC, a spokesman said. PwC is AustralianSuper's ...

Advisers pivot to protect retirees from inflation

CASSANDRA BALDINI  |  WEDNESDAY, 7 JUN 2023
... points on which most experts agree. "Equities deliver the best real growth over the long term," it said. "One obvious response to an inflationary shock is to pursue growth that exceeds inflation." The next priority is to consider how different equity ...

ASIC chair calls out greenhushing

RACHEL ALEMBAKIS  |  TUESDAY, 6 JUN 2023
... sustainability-related investment screens"; and "the use of inaccurate labelling or vague terms in sustainability-related funds." "Now, in response to ASIC's scrutiny of greenwashing, some companies may be tempted to cease all voluntary disclosure, chasing ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... platforms. The public should beware of investing any of their hard-earned assets with or on these unlawful platforms." In response to the SEC's filing, Binance said the action undermines the US's role as a global hub for financial innovation and leadership ...

ASX lays out five-year plan to restore trust

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... governance statement. In the last quarter of 2023, it will announce the new solution design for the CHESS replacement. In response to ASIC, Lofthouse said that the "regulatory scrutiny of ASX is appropriate given the special position we hold in the economy ...