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Showing 571 - 580 of 6071 results for "Commission"

ASIC warns super funds on member communication failure

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
Superannuation funds that fail the performance test downplay their results and obfuscate members from understanding critical information, according to the corporate regulator. ASIC has criticised super funds that failed the performance test two years ...

Cut spending and raise taxes, super preservation age: Grattan

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... be applied to accessing "highly tax-advantaged" superannuation. It also cited a 2015 estimate from the Productivity Commission that raising the access age to 65 would boost workforce participation by about 2%, easing pressures caused by the ageing population. ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... Binance Group, is currently in hot water with several overseas regulators. In the US, the Commodities Futures Trading Commission filed a civil enforcement action charging Changpeng Zhao, the group's chief executive, and three entities for violating the ...

ISA renews calls for gig worker super

CHLOE WALKER  |  TUESDAY, 11 APR 2023
... would reduce the burden on the age pension," ISA said. The federal government has alluded to extending the Fair Work Commission powers to establish a minimum set of employment standards for many gig workers, including payment of super. ISA said it supports ...

YFYS recommendations not enough: AIST

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... send to members are good but still place the onus on members to make a change. "As recommended by the Productivity Commission, the onus should be on APRA taking decisive action to direct a transfer of members to a better fund, not on individual members ...

Startup founder charged for defrauding JPMorgan

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
... on as head of student solutions, was terminated by JPMorgan in November 2022. Overnight, the Securities and Exchange Commission charged Javice with fraud, specifically violating the antifraud provisions of the Securities Act of 1993 and Securities Exchange ...

RBA steadies cash rate, flags more hikes

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... outlook, this reinforces the need for a sustainable wage increase for the 2.66 million award employees under the Fair Work Commission's annual wage review," he said. Looking toward the rest of 2023, Lowe commented: "In assessing when and how much further ...

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
Binance and its chief executive Changpeng Zhao have been charged by the Commodity Futures Trading Commission (CFTC) following claims of "willful evasion of US law." The CFTC announced it filed a civil enforcement action in the US District Court against ...

Risk clients, practices worth more: Radar Results

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... Results' latest insights show price multiples on risk insurance clients are traditionally 2.2x annualised renewable commission and as high as 2.7x depending on the average client age. Buyers mostly favour businesses that are between 35-55 years old ...

ClearView enhances ClearChoice products

CASSANDRA BALDINI  |  MONDAY, 27 MAR 2023
... insurance industry has an exciting future ahead that will see regulation simplified, positive structural reform and stable commission rates. "ClearView is well positioned to partner with advisers as they build efficient and nimble businesses," concluded ...