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Showing 611 - 620 of 2193 results for "Framework"

ASIC cracks down on CHESS issues

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
ASIC is further clamping down on the ASX to ensure that it successfully comes through on replacing CHESS after botching its attempt to overhaul it with blockchain. Following Accenture's external review into the 25-year-old settlements system, ASIC ...

Victim access to super should be extended: Associations

JAMIE WILLIAMSON  |  TUESDAY, 21 FEB 2023
Plans to allow access to offenders' superannuation savings as a means of recourse for victims and survivors of child sex abuse should be extended and made applicable to all major and violent crimes, associations say. In a joint submission to Treasury ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... looking ahead, Briggs emphasised the need for a thorough examination of the proposal to confirm that it sets the right framework to prevent policy changes that could erode confidence in the super system. Meanwhile, HESTA welcomed the government's ...

ASIC acts to combat financial inequality for First Nations people

ANDREW MCKEAN  |  WEDNESDAY, 15 FEB 2023
ASIC has published an Indigenous Financial Services Framework to support positive financial outcomes for First Nations people. The Framework's development is the result of extensive consultations with stakeholders, including First Nations people, financial ...

Put controls in place for super funds: Associations

CASSANDRA BALDINI  |  THURSDAY, 9 FEB 2023
... great need," said Aware Super chief executive Deanne Stewart. "It's simply not possible for the current regulatory framework to support the amount of advice Australians need and want, in the way they want it provided. The Levy report provides the ...

"A lawyer's picnic": QAR report slammed

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2023
... will only be able to access conflicted advice. Super Consumers Australia director Xavier O'Halloran said the regulatory framework proposed by review chair Michelle Levy will result in independent, professional advice being only accessible to those who ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
... only around 16,000 financial advisers in Australia and their numbers are declining," she explained. "If the regulatory framework continues to require all personal advice to be given by a financial adviser (where it is given by an individual), it would ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... accessibility and affordability of quality financial advice. I have made recommendations for changes to the regulatory framework that apply to the provision of financial advice which I believe will achieve that purpose. If the recommendations are accepted ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Crypto asset licensing and custody reforms by the government are targeting subsets outside the financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said ...

Inflation remains high priority in 2023: Treasurer

CASSANDRA BALDINI  |  MONDAY, 6 FEB 2023
... there'll be an Employment White Paper and an Intergenerational Report." The Treasurer added this year will see a wellbeing framework mapping out important steps on sustainable finance can also be expected as well as a new focus for the Productivity Commission. ...