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Showing 611 - 620 of 3390 results for "Response"

Jones to prioritise CSLR legislation

KARREN VERGARA  |  TUESDAY, 21 MAR 2023
... will strengthen our financial system. They are supported by trusted consumer advocates such as Choice and are a direct response to some of the revelations heard at the Hayne Royal Commission," he said. "It's time to get these things done."

Early super release scheme a mistake: ISA

ANDREW MCKEAN  |  FRIDAY, 17 MAR 2023
... savings. The early release of super scheme allowed individuals to withdraw up to $20,000 of their retirement savings in response to the COVID-19 pandemic. But unfortunately, a recent estimate from ISA indicates a 30-year-old who withdrew the maximum ...

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... since might have been just that, he suggested. "It's too early to know how widespread the damage is. The regulatory response has so far been swift, and decisive actions have helped stave off contagion risks. But markets remain on edge. Will asset-liability ...

Court fines ANZ for dodgy introducer program

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... encouraged it as "a great way to earn supplementary income for your business, club, charity or social organisation." In response to the order, the bank said in a statement: "ANZ has cooperated with ASIC during this process, is nearing completion of a ...

APRA preserves life insurance prudential standards

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... consultation. "The respondents agreed with APRA's assessment that the four standards remained broadly fit for purpose," APRA's response letter read. "A small number of suggestions were made in relation to one standard, LPS 360, with proposed technical ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... investment exclusions for tobacco-related investments." In total, ASIC has issued over $140,000 in infringement notices in response to concerns about alleged greenwashing against four entities. "Reliable disclosure practices are vital to a well-functioning ...

Advice firm launches Sharia-compliant platform

CASSANDRA BALDINI  |  THURSDAY, 2 MAR 2023
... underpinned by OpenInvest. Meezan Wealth Management founding director Rokibul Islam explained the solution was established in response to demand from Australian Muslims who wanted a simple and easy-to-use way to grow their wealth via professional portfolio ...

ASIC questioned over workplace culture

CASSANDRA BALDINI  |  THURSDAY, 23 FEB 2023
... Secretary Treasurer Kennedy to ASIC chair Joe Longo regarding Chester's conduct was reviewed along with Longo's response. According to the hearing, Longo was provided with a fuller statement by Treasury than was shared with Chester. Looking at ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... make or don't suit their needs," ASIC deputy chair Sarah Court said. "Reforms to the anti-hawking regime were in response to clear consumer harm when it came to the unsolicited calls involving financial products. ASIC strongly advocated for these ...

SEC fines Mormon Church investment arm

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... about US$32 billion, "would lead to negative consequences", ultimately leading to the creation of the shell companies. In response, the Church said: "The Church's senior leadership received and relied upon legal counsel when it approved of the use ...