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Showing 741 - 750 of 1894 results for "CIRC"

Chief economist update: No cheers as RBA hits inflation target

BENJAMIN ONG  |  THURSDAY, 30 APR 2020
Mission accomplished! This would have been the Reserve Bank of Australia's (RBA) self-congratulatory exclamation after the Australian Bureau of Statistics (ABS) reported that annual headline CPI inflation accelerated to 2.2% in the March quarter ...

Queensland funds delay merger

HARRISON WORLEY  |  WEDNESDAY, 29 APR 2020
The impending merger of major Queensland superannuation funds QSuper and Sunsuper has been delayed. QSuper has confirmed its planned merger with Sunsuper has been delayed, owing to difficulties in conducting due diligence while staff are working remotely ...

ESG investing now mainstream: deVere

ALLY SELBY  |  TUESDAY, 28 APR 2020
Economic turmoil and the collapse of oil prices have pushed responsible investing to the fore, according to global independent financial advisory deVere. A shift towards ESG was already taking place, however, the COVID-19 crisis has kicked the transition ...

ASIC urges insurance flexibility

ELIZA BAVIN  |  TUESDAY, 28 APR 2020
ASIC has called on insurers to introduce flexible options, such as premium deferrals or reductions, to assist consumers during the COVID-19 pandemic. ASIC issued an open letter to general and life insurers outlining its expectations during the COVID-19 ...

AustralianSuper pays out $320m

JAMIE WILLIAMSON  |  TUESDAY, 28 APR 2020
AustralianSuper has already paid out close to $320 million to members under the early release scheme as it readies to release a further $330 million. The super fund said it has received requests from about 85,000 members so far, representing about $650 ...

Curtains fall for two financial services companies

ALLY SELBY  |  MONDAY, 27 APR 2020
The Federal Court of Australia has ordered two financial services companies to be wound up, with McGrathNicol appointed as the liquidator of both firms. ASIC applied to have both Audrn Group and Optima Lending Solutions wound up earlier this year, with ...

SMSF auditors come under fire

ALLY SELBY  |  THURSDAY, 23 APR 2020
The corporate watchdog has disqualified, suspended and added additional conditions to six different self-managed super fund auditors as it works to ensure the industry meets competency and expertise standards. Auditors from around the country suffered ...

Dealer group AFSL in limbo

ALLY SELBY  |  THURSDAY, 23 APR 2020
The suspension of MyPlanner Professional Services' AFSL is on ice as the Administrative Appeals Tribunal reviews ASIC's decision. It comes after the corporate watchdog suspended the advisory firm's AFS licence on February 12 on the grounds ...

Funds receive first ERS applications

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
The ATO has confirmed the first batch of ERS applications have been sent to superannuation funds. The ATO said the implementation of the early release of super scheme for those financially effected by the COVID-19 crisis is progressing well. "We are ...

APRA to track ERS payment times

ELIZA BAVIN  |  WEDNESDAY, 22 APR 2020
APRA is set to name and shame the superannuation funds that straggle in releasing member's money to them as part of the early release scheme. APRA has launched new data collection to assess the progress and impact of the government's temporary early ...