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Showing 51 - 60 of 2374 results for "Rule"

AFCA expands scam-related complaints, publication rules

KARREN VERGARA  |  FRIDAY, 13 MAR 2026
... now can publicise, on its website or via other means, which financial firms failed to comply with a determination under new rule A.11.6. In doing so, AFCA said it may consider if the non-compliance leads to actual or potential financial or practical ...

Interprac sues AFCA over Shield determination

JAMIE WILLIAMSON  |  TUESDAY, 10 MAR 2026
Interprac Financial Planning has commenced Federal Court proceedings against the Australian Financial Complaints Authority (AFCA), believing it has not been treated fairly. Sequoia Financial Group, Interprac's parent company, said the case relates ...

Major super reforms cost members $670m in death benefits: ASFA

KARREN VERGARA  |  FRIDAY, 6 MAR 2026
The Protecting Your Super Package (PYS) and the Putting Members' Interests First (PMIF) reforms result in $670 million in foregone death benefits each year, new research from the Association of Superannuation Funds of Australia (ASFA) shows. Seven ...

Treasury proposes options to block victim-survivors' super going to perpetrators

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
... and more consistent and ensuring payments are not delayed. In all, the paper seeks feedback on whether a forfeiture-like rule should be established in relation to super death benefits, and three distinct policy options to ensure perpetrators are not ...

Cbus calls for tax reform on TPD payouts in pre-Budget submission

ELIZA BAVIN  |  WEDNESDAY, 4 MAR 2026
Cbus has used its pre-Budget submission to call for clearer, fairer tax settings on total and permanent disability (TPD) insurance payouts for members under 60 years of age. Cbus said such reforms could save workers and their families thousands of dollars ...

MIS review ignores key issues: FAAA

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
... justice is that MISs are prevented from making a complaint to AFCA about the management of a scheme or fund as a whole. AFCA Rule C1.5 proves to be a "major obstacle" to the clients seeking restitution from a fund or even make a claim. Rule C1.5 excludes ...

Aged care misinformation poses opportunity for advisers

KARREN VERGARA  |  FRIDAY, 20 FEB 2026
Financial advisers can bridge the gap in aged care advice, according to an expert, who says that too many elderly people are suffering from the confusion and misinformation surrounding the new aged care reforms. Louise Biti, director of Aged Care Steps ...

Aussie veterans front Senate over underpaid pensions

ELIZA BAVIN  |  THURSDAY, 19 FEB 2026
Fronting the Senate, Finance and Public Administration References Committee, Australian Navy veteran Peter Williamson called on the government to make him whole after it came to light his military pension may have been unfairly reduced. Williamson retired ...

Senate questions APRA's role in Shield, First Guardian disaster

KARREN VERGARA  |  FRIDAY, 13 FEB 2026
APRA's role as prudential regulator in the wake of the First Guardian Master Fund and Shield Master Fund collapses came under the spotlight at a recent parliamentary hearing. APRA chair John Lonsdale told the Senate Economics Legislation Committee that ...

Commonwealth Super Corp to consolidate legacy IT systems

MATTHEW WAI  |  MONDAY, 9 FEB 2026
Commonwealth Superannuation Corporation (CSC) is undergoing its biggest technology transformation in about a decade, with the fund focused on automation and improved system integration. CSC will consolidate its legacy systems to improve member experience ...