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Showing 591 - 600 of 2048 results for "Legislation"

Chief economist update: Lock us down Scotty!

BENJAMIN ONG  |  TUESDAY, 24 MAR 2020
... "Parliament passed two packages worth $17.6 billion and $66 billion in response to the outbreak of the virus. In separate legislation, the government set aside a further $40 billion for urgent and unforeseen spending associated with the pandemic, likely ...

Super fund calls social media companies to action

ELIZA BAVIN  |  FRIDAY, 20 MAR 2020
... dedicated to combating the livestreaming and spread of objectionable material across the platforms. The investors said legislation that governs these companies needs to be modernised to protect the public from exposure to similar content in the future. ...

AMP Life, AMP Capital fined

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... Colonial First State, alleging that it engaged in misleading communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default MySuper product, ASIC alleges CFS communicated with members of ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... Colonial First State, alleging that it engaged in misleading communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default MySuper product, ASIC alleges CFS communicated with members of ...

Sunsuper Labor donations rile Bragg

HARRISON WORLEY  |  FRIDAY, 13 MAR 2020
... Australian Labor Party has come under intense scrutiny in a Senate committee hearing. Appearing before the Senate Economics Legislation Committee, APRA deputy chair Helen Rowell was grilled by Liberal Senator Andrew Bragg over the prudential regulator's ...

Early access to super scheme results in permanent ban

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... licence or were authorised credit representatives of an Australian credit licence. ASIC found that he contravened credit legislation. The regulator also had reason to believe that Goldenberg is not a fit and proper person to engage in credit activities ...

Lack of independence must be made clear: ASIC

ELIZA BAVIN  |  TUESDAY, 10 MAR 2020
... will also need to seek express written authority and consent forms to deduct fees. The regulator released the draft legislation, based on the Exposure Draft Bill, so it can review submissions and finalise draft instruments before the planned commencement ...

Banned advisers still working in advice: FPA

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
... it is aware of banned financial advisers still working in the advice industry. As part of the government's proposed legislation to implement the recommendations from the Royal Commission, a new protocol will apply to financial advisers which will require ...

Government moves to cut work test

HARRISON WORLEY  |  FRIDAY, 6 MAR 2020
The government is moving to act on one of its election promises by cutting the work test. Draft legislation released this week through the release of draft legislation which will allow Australians aged 65 and 66 to make voluntary super contributions ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... formed when the AMP Financial Planning association merged with Hillross Financial Services association, called the legislation "rushed" and said it was likely to result in poorer outcomes for Australians. TAA chief executive Neil Macdonald said: "We ...