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Showing 41 - 50 of 306 results for "Urging"

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... to breaches of client money rules or clearing and settlement regulations. The Financial Services Council (FSC), which is urging both sides of parliament to adopt a deregulation agenda, welcomed the proposal, saying that cutting red tape would boost the ...

ASIC updates on SMSF advice review

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
... This could leave licensees unprepared to respond quickly but safely to innovations from competitors," ASIC said. "ASIC is urging financial services licensees to ensure their governance practices keep pace with their accelerating adoption of AI."

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
... the massive bill. Meantime, the FAAA made its pre-Budget submissions to the government with a focus on the CSLR, but also urging the government to encourage new entrants into the financial advice industry. "We believe that the government needs to take ...

ASIC calls out super trustees over 'weak' anti-scam practices

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
The Australian Securities and Investments Commission (ASIC) has written to superannuation trustees urging them to strengthen anti-scam practices, or risk exposing their members to harm. The open letter, signed by ASIC commissioner Simone Constant, outlined ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
The Grattan Institute is urging the government to mandate the partial annuitisation of Australians' superannuation and implement the 'best-in-show' list of funds to help simplify a "complex" system and allow retirees to spend their savings ...

IFM urges investment in housing, hires former Dexus chief

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
IFM Investors is urging Australia's industry super funds to invest in housing, saying it is a "win-win" for super fund members and the nation's housing supply issues. In a new blueprint report, IFM said proposed policy settings could help create as ...

Delaying DBFO imposes 'generational' consequences

MATTHEW WAI  |  THURSDAY, 24 OCT 2024
The Council of Australian Life Insurers (CALI) is urging the federal government to take action on processing the second tranche of its Delivering Better Financial Outcomes (DBFO) package, saying any further delay could result in "generational impacts." ...

$3m super tax edges closer to reality

MATTHEW WAI  |  THURSDAY, 10 OCT 2024
... Australians can continue to aspire to fully self-funded retirement," Tink asserted. Meanwhile, SMSF Association (SMSFA) is now urging the Senate to reject the legislation of a "deeply flawed" tax. "In all likelihood, the fate of this bill now rests in ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
The Finance Sector Union (FSU) is urging the financial services industry to adopt paid menopause leave policies as it finds more than one third of workers experiencing symptoms are likely to retire early as a result. In October 2023, the FSU launched ...

AFCA urges super trustees to improve processes

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... is that trustees have a window of opportunity to act so we don't see the sorts of issues we have seen elsewhere. We are urging them to review the processes they have in place to help shield members from fraud, and to ward off any escalation of activity ...