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Showing 651 - 660 of 2778 results for "OCC"

ASIC pushes super governance improvements

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
More than 20 super fund trustees have revised their internal policies after ASIC surveillance found significant deficiencies in their conflicts management arrangements relating to investment switching. ASIC's surveillance found a lack of oversight ...

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The Financial Services Council (FSC) has released guidance to assist super funds and fund managers in divesting Russian assets. Despite superannuation funds only having a small exposure to Russian investments in the context of the $3.5 trillion superannuation ...

Budget aims to please women

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
The new Federal Budget includes a series of measures aimed at addressing issues that impact women's health, safety and economic success. Most notably, the government has committed to modernising the Commonwealth Paid Parental Leave scheme - which currently ...

Tough news for those already doing it tough

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
With unemployment at a record low, those left out of Australia's booming jobs market are not being shown much sympathy in the new Federal Budget. No payment increases were announced for the unemployed, despite cost of living pressures being felt Australia-wide. ...

APRA suspends IDII work, "disappointed" in industry

ELIZABETH MCARTHUR  |  FRIDAY, 25 MAR 2022
APRA has suspended its work on individual disability income insurance, which was causing huge losses to insurance companies, expressing disappointment in the industry's response. The regulator first announced it was intervening on IDII products in 2019 ...

Plans to remedy NALI, NALE issues welcomed

JAMIE WILLIAMSON  |  WEDNESDAY, 23 MAR 2022
The industry has welcomed news that the government will consult on the appropriate operation of non-arm's length income and expense provisions. Announced yesterday, minister for superannuation Jane Hume said the government intends to reform the provisions ...

EG's latest Brisbane buy boosts portfolio to $1bn

CHLOE WALKER  |  WEDNESDAY, 23 MAR 2022
EG's A ustralian Core Enhanced portfolio (ACE) has surpassed $1 billion after the recent acquisition of a 50% stake in Grand Plaza Shopping Centre, Browns Plains, Queensland. Located at 27-49 Browns Plains Road, 22 kilometres south of the Brisbane CBD ...

Hume, Bragg address Blockchain Week

ELIZABETH MCARTHUR  |  TUESDAY, 22 MAR 2022
Senators Jane Hume and Andrew Bragg have addressed Blockchain Week, emphasising the government's support of crypto and blockchain technology. In her address, Hume committed to establishing a market licensing regime for crypto exchanges and introducing ...

Super should help secure home loans: Inquiry

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The inquiry into housing affordability and supply in Australia has recommended first home buyers be able to use their superannuation as collateral for a home. The House of Representatives Standing Committee on Tax and Revenue tabled its report following ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
The House of Representatives Standing Committee on Economics has recommended greater disclosure obligations for institutional investors and proxy advisors and for the ACCC to actively monitor common ownership in Australia - all the while sharing little ...