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Showing 41 - 50 of 254 results for "Urging"

ASIC prepares advisers for DDO

KARREN VERGARA  |  FRIDAY, 17 SEP 2021
ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5. The corporate regulator said it will take a "reasonable approach" ...

Unlicensed crypto platforms robbing investors

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... platform outages or unfair liquidations. Many of these investors are also falling into excessive leverage. ASIC is not only urging investors to be wary of investing in such crypto-assets but also to check whether the platform is licensed with and AFSL ...

Clime ousts Schafer

KARREN VERGARA  |  MONDAY, 9 AUG 2021
... the EGM, Schafer wrote to shareholders that he was "shocked for a number of reasons" after receiving Chalmers' letter urging him to exit. "I have served diligently as an independent director on the board since 1 January 2011. During this period ...

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
The corporate regulator is urging TPDinsurance providers to act on gaps in their processes by improving data capabilities after previously flagging concerns including declining claim rates, withdrawn claims and poor claims-processing times. ASIC's Report ...

ASIC spells out IDR reporting

ANNABELLE DICKSON  |  TUESDAY, 20 JUL 2021
... benchmark themselves against their peers. It is also intended to assist ASIC in identifying emerging issues. ASIC is now urging financial firms to map their own complaints systems to the data dictionary. In March 2019, ASIC released CP 311, which set ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... entitled to unpaid wages. It has been putting the pressure on NAB to remediate affected workers as quickly as possible, urging union members audit their pay to make sure they are being paid correctly. NAB calculates the remediation bill to be $108 million ...

Keep COVID-19 in perspective: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 18 MAY 2021
Geopolitical tensions took centre stage at the Conference of Major Superannuation Funds, with experts urging the audience to look at COVID-19 in greater context. Founder and owner of IBISWorld and the Ruthven Institute, Phil Ruthven showed the audience ...

Disability income faces reckoning

KARREN VERGARA  |  FRIDAY, 30 APR 2021
... framework, but we caused it. We couldn't act. Here we are again with disability income. Can [the industry] act?" Minto is urging insurers to come up with a solution by the end of 2021, or else face another "higher, capital charge imposed on all participants". ...

MIRA to acquire waste management firm

KARREN VERGARA  |  TUESDAY, 27 APR 2021
... BINGO said it was considering the cash proposal of $3.50 per share. BINGO managing director Daniel Tartak and the board are urging shareholders to unanimously approve the scheme announced today in the absence of a superior offer. Shareholders will be ...

Commissions likely to stay: Hume

KARREN VERGARA  |  THURSDAY, 22 APR 2021
... Rainmaker analysis of the ASIC Financial Adviser Register, 5142 advisers ceased in the 12 months to April 14. Anderson is urging the government to include clients in the review - who are often the "missing voice" in regulatory reforms. "Ask them, when ...