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Showing 51 - 60 of 3639 results for "Whether"

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
... exchange for no liability. "As I explain, the concerns of each objector have weighed heavily on my mind in considering whether the settlement as proposed is fair and reasonable," Justice McElwaine said.

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... other hand, said that super funds' services to members "need to change" to match customer expectations, questioning whether members receive the same level of clarity about what's happening with their super compared to the minute-by-minute access ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... underlying drivers are identified and addressed. Depending on the outcomes from ANZ's independent review, APRA will consider whether further action is required."

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... additional licence conditions on Cbus, mandating that an independent expert review their expenditure practices to assess whether they've acted in the best interests of members. Cbus chief executive Kristian Fok said the fund supported APRA's ...

FAAA to work with Treasury on CSLR

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... Abood and chair David Sharpe met with the minister to raise several issues including the total cost of the scheme and whether it is operating as a "true last resort". "We have told the minister that although we support the scheme, the funding model is ...

ASX sued by ASIC for alleged misleading statements

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... all the more reason ASX needed to ensure it told the Australian public the truth about how the project was tracking and whether it would be completed on time," Longo said. "We allege that the true state of affairs as at 10 February 2022 was that the ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... of nearly one million Australians, will also have independent expert scrutinise their expenditure practices, assessing whether they've consistently acted in the best financial interests of members. The spotlight on fitness and propriety processes ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... and regulator to pressure Cbus to cut ties with the CFMEU. Other commentators have more generally expressed doubts about whether equal board representation governance structures continue to be in the best interests of members, with some going so far ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... licensees to report significant breaches under the National Credit Act. ASIC said it seeks feedback on said instruments and whether amendments are needed. Submissions close on September 4.

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... decisions. Any misrepresentations in relation to ESG policies or practices associated with financial products or services, whether as an aspect of "greenwashing" practices or otherwise, undermines that confidence to the detriment of consumers and the ...