Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 651 - 660 of 3423 results for "Update"

Trading platform cops $110k fine

KARREN VERGARA  |  TUESDAY, 18 JAN 2022
A trading platform has copped a fine of $110,250 for breaching enquiry rules and compliance obligations. BGC Partners breached the ASX 24's trading rules on two occasions on 22 March 2019, according to the Markets Disciplinary Panel, by transacting ...

QSuper merger update, fee cuts

ELIZABETH MCARTHUR  |  TUESDAY, 11 JAN 2022
QSuper has assured members they will shortly feel the benefits of scale in the form of fee cuts, after it merges with Sunsuper to create Australian Retirement Trust. The $133 billion QSuper will merge with $90 billion Sunsuper on February 28. The QSuper ...

Media Super apologises for major calculator error

JAMIE WILLIAMSON  |  THURSDAY, 6 JAN 2022
Members of Media Super have received an apology from the fund after it was discovered the information underpinning its benefit projection tool hadn't been updated since 2015. Media Super's Retirement Income Simulator was made available on its public ...

Hume refreshes super co-contribution laws

KARREN VERGARA  |  TUESDAY, 21 DEC 2021
... Co-contribution for Low Income Earners) Regulations 2004, which is due to sunset on 1 April 2022. The most significant changes update the definition of an "eligible account" to receive super co-contribution payments. It will also exclude such payments ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
... Authority (APRA) and the Australian Securities and Investments Commission (ASIC) have released their annual engagement update for 2021. Reinforcing Australia's twin peaks model of regulation, the agencies said they have a longstanding commitment to working ...

Kelly Partners acquires Canberra firm

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
Kelly Partners Group (KPG) has announced the acquisition of a Canberra firm with $1.1 million revenue. The accounting practice was acquired through Kelly Partners Canberra. The business will relocate to Kelly Partners Canberra's offices. It's ...

State Super sets net zero targets

JAMIE WILLIAMSON  |  MONDAY, 13 DEC 2021
State Super is committing to an ambitious net zero target, which includes reducing greenhouse gas emissions across its portfolio by 45% come 2030. In a plan formulated with TCorp and Mercer, State Super is looking to achieve net zero status across its ...

Frydenberg pledges to move on crypto regulation

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
... Australian-Israel Chamber of Commerce (AICC) yesterday, the Federal Treasurer described the move as the most significant update to Australia's payments system in 25 years. "For consumers, these changes will establish a regulatory framework to underpin ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... also shows that 5% of products decreased fees multiple times during the period. The September quarter saw 159 products update their PDSs - more than the previous quarters. Of these, 21% increased fees, 25% decreased fees and 54% made no change to fees. ...

Financial Advice Hub goes live

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
The one-stop shop for regulatory information for financial advisers launched on December 7. ASIC unveiled the new webpage following feedback from the industry that its resources were hard to find. The hub now consolidates ASIC's existing regulatory ...