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Showing 61 - 70 of 350 results for "Final Report"

CBA completes review, sued by FWO

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... it has been slammed with court proceedings for underpaying staff over $16 million. CBA released the thirteenth and final report from its independent reviewer, Promontory Australia, noting all milestones have been assessed as "complete and effective" ...

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
... is the subject of these charges was revealed during the Royal Commission and is the subject of a case study in the final report from Commissioner Hayne. This is the second criminal prosecution under consumer protection provision s12DB of the ASIC Act ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... retirement savings. This number of accounts slowly declined over the years until 2019 - after the Royal Commission's final report - when the number of accounts in the system sharply decreased. As of June 2020, there were 24.4 million super accounts ...

Retirement Income Covenant paper released

KANIKA SOOD  |  TUESDAY, 20 JUL 2021
... income and longevity meant many funds have stayed away from developing a product so far. Productivity Commission's final report asked the government to reassess the design and implementation challenges of Comprehensive Income Products for Retirement ...

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... the regulator found such a move is unlikely to prevent consumer confusion. Both the Financial System Inquiry's final report and Productivity Commission Inquiry Report into Competition in the Australian Financial System recommended the re-labelling ...

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... passes in its current form for reasons including its rushed start date. Senate Economics Legislation released its final report on YFYS reforms yesterday, a week later than initially planned. In the meantime, the Liberal government has released draft ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... product provider Optimum Pensions, which this month signed a distribution deal with ASX-listed Generation Life. The final report from the Retirement Income Review, commissioned by the federal government, acknowledged the need for longevity products in ...

APRA gains traction on superannuation data project

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
The Australian Prudential Regulation Authority has released its final reporting standards for the first phase of the Superannuation Data Transformation (SDT) as it looks to clear out underperformers. Phase one addresses the most urgent gaps in APRA's ...

WTW wins mandate from NZ government super fund

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... GSFA's statements of investment policies, standards and procedures for their appropriateness and compliance. The final report will have to be delivered to New Zealand Treasury by mid-May this year. "Following the Treasury's Request for Proposal to execute ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... plagued by complexity and systemic problems that puts the most vulnerable at risk, the landmark inquiry found in its in final report. The final report of the Royal Commission into Aged Care Quality and Safety, tabled in parliament yesterday, formulated ...