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| | | ... undermine the intent of the changes. SMC also emphasised trustees would require clear legislative backing and guidance to apply the rules consistently and fairly, particularly in cases involving coercive control, elder abuse or long-term patterns of ... |
| | | | ... "The exemption applies only to the specified CPS 230 contractual requirements. All other CPS 230 requirements continue to apply," APRA said in a letter to regulated entities. "These amendments do not reduce the expectation that regulated entities actively ... |
| | | | ... between 0.30% and 0.75%. However, across the portfolios analysed, Vanguard said there is a "long tail" of practices that apply the model liberally without clear purpose, which leads to overlapping exposures, style drift, excessive costs and unintended ... |
| | | | ... will announce the change in the Budget, which will take place on May 12. The AFR states the inflation-based discount will apply to all asset classes, including property and shares. Between 1985 to 1999, the cost base of an asset was indexed so only real ... |
| | | | ... new regulatory guidance; its approach to applying discretion in the regime, where appropriate; standard conditions that apply to platform licensees; and a potential streamlining of the licence variation process for certain cohorts of firms. "ASIC will ... |
| | | | Actuaries Institute has proposed a three-part package to tackle Australians missing out on tax-free income by not transitioning their superannuation to the retirement phase when eligible. Under the proposal, all APRA-regulated super funds would be required ... |
| | | | New Zealand's High Court has ruled against the nation's super fund, finding some of its policies are "unreasonable and unlawful" in regards to how it treats companies accused of human rights breaches. The Palestine Solidarity Network Aotearoa (PSNA) ... |
| | | | ... protect consumers, promote confidence in the financial system and deter similar misconduct by others." Reilly has the right to apply to the Administrative Review Tribunal to review ASIC's decisions. Last week, ASIC handed down a permanent banning ... |
| | | | ... changes, including the adoption of a revised strategic framework in April 2024. Commenting, Williamson said he will continue to apply the right approach for its members. "Our focus continues to be on ensuring we have the right structure and processes ... |
| | | | ... party to the ASIC Deed of Cross Guarantee immediately following the sale of Interprac to Conquest... [and] can only cease to apply to Interprac as a result of the sale to Conquest if the directors of Sequoia certify that the sale is a bona fide sale ... |
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