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Showing 51 - 60 of 4988 results for "Federal"

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
The federal government is launching an initiative to provide transparency and better coordination in how it regulates financial services firms to alleviate their compliance costs and burdens. The Financial Sector Initiatives Regulatory Grid wants to ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... false". However, in its submission to the Securing Australians' Superannuation consultation, Hostplus is pushing the federal government to impose a "blanket ban" on what it calls Workforce Management Platforms (WMP) operators "advertising, promoting ...

New campaign pushes for reproductive leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... supported by Maurice Blackburn Lawyers, which said: "We support the proposed new laws to be adopted by the Queensland and federal government. The current provisions under the Fair Work Act are insufficient as they do not allow women to take personal ...

'About bloody time': Industry responds to PPL super reform

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
The wealth management industry has overwhelmingly welcomed the federal government's commitment to pay superannuation on the Commonwealth Paid Parental Leave scheme. The Albanese government has said, if it wins the next election, it will add superannuation ...

Government to pay super on paid parental leave

JAMIE WILLIAMSON  |  THURSDAY, 7 MAR 2024
... by the government alongside parental leave payments, effective 1 July 2025. That is, if Labor is successful at the next federal election, expected to take place in May next year. The measure is expected to benefit 180,000 families annually. While available ...

ASIC succeeds in conflicted remuneration case

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... take reasonable steps to prevent its authorised representative accepting conflicted remuneration. On the February 29, the Federal Court found that RM Capital's authorised representative the SMSF Club breached conflicted remuneration provisions. ASIC's ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
... behind at 7.8%. Looking at a 10-year performance period, Active Super achieved the highest returns at 8.5%, even amid Federal Court proceedings from ASIC over allegations of greenwashing. Aware Super's High Growth strategy and Hostplus' Balanced ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... research services." Count paid $1.3651 for every Diverger share following a 99.97% approval from shareholders in January. The Federal Court approved the deal on February 15. Count expects to incur $8 million in one-off transaction and integration costs. ...

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... Former officers and responsible managers of over-the-counter (OTC) derivatives issuer Prospero are embroiled in Australian Federal Police's investigation into seven syndicate members who allegedly laundered nearly $229 million known as "Operation Avarus-Nightwolf". ...

Vanguard chief executive Tim Buckley to retire

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
... company's Asia-Pacific chief investment officer. Davis is also a member of the US department of the Treasury and the Federal Reserve Bank of New York Investor Advisory Committee on Financial Markets.