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Showing 61 - 70 of 935 results for "Compensation"

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

JAMIE WILLIAMSON  |  THURSDAY, 5 MAR 2026
... draft legislation preventing convicted child sex abusers from hiding their assets in superannuation to avoid paying compensation orders to victims.

MIS review ignores key issues: FAAA

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
... where the obligations and transparency are much reduced. Additionally, it wants MISs included within the scope of the Compensation Scheme of Last Resort (CSLR) alongside reforms enabling Australian Financial Complaints Authority (AFCA) to apportion blame ...

AFCA reveals outcome of final lead decision

MATTHEW WAI  |  MONDAY, 2 MAR 2026
... resulting in an additional direct loss of $36,000. "The panel found it was fair for both financial firms to provide compensation for these losses, as well as for Next Generation Advice to make a further contribution towards winding up the SMSF," AFCA ...

AFCA receives record complaints in 2025

MATTHEW WAI  |  THURSDAY, 26 FEB 2026
... or charges (6148). Despite a significant increase in complaints, AFCA has also saw a record number of refunds and compensation for the year. The authority secured $643 million for complainants, which was a 120% increase from the previous calendar year. ...

Process to become an adviser remains 'unattractive': SMSFA

MATTHEW WAI  |  THURSDAY, 19 FEB 2026
... Financial Outcomes and education reforms are currently off the government's radar due to the ballooning costs of the Compensation Scheme of Last Resort (CSLR). These reforms were crucial to introducing a new class of advisers and streamlining the intricate ...

Most sought-after professionals revealed

ELIZA BAVIN  |  THURSDAY, 19 FEB 2026
... of what is attracting talent, the survey found the top three things employees value in an employer are excellent compensation and benefits; work-life balance and flexible working arrangements; and a positive and supportive workplace culture. In line ...

Aged care advice needs regulatory intervention: Research

ANGELIQUE MINAS  |  TUESDAY, 10 FEB 2026
... interests, meet minimum education and competency standards, and carry professional indemnity insurance to ensure compensation in cases of professional misconduct and participate in an external complaints resolution body. "Unlicensed providers do not ...

Deadline approaches for Shield, First Guardian victims

MATTHEW WAI  |  FRIDAY, 6 FEB 2026
... people to check if their super was affected. "There are hard deadlines, and once they pass, people may miss out on compensation," SCA chief executive Xavier O'Halloran said. Most people who make a successful complaint to AFCA will be entitled to up to ...

Advisers need more support: FAAA submission

ANGELIQUE MINAS  |  THURSDAY, 5 FEB 2026
... with access to the ATO portal and simplifying and enhancing the tax deductibility of advice. As the ASIC levy and Compensation Scheme of Last Resort (CSLR) are increasing cost burdens on the sector, the cost of advice is also rising, and more people ...

Super trustees told to up fraud protection game

MATTHEW WAI  |  WEDNESDAY, 4 FEB 2026
... of consumer safety measures should also repeal the decision to force low-income workers to cover the cost of the Compensation Scheme of Last Resort (CSLR), while excluding wealthier Australians with self-managed super funds (SMSFs), the SMC said. The ...