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Showing 881 - 890 of 6449 results for "Regulatory"

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
Treasury has released the Scams Prevention Framework for consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
ASIC is updating the default rate of nominal wage inflation in its relief instrument, which will affect those who provide superannuation forecasts. The default rate of nominal wage inflation will decrease from 4% p.a. to 3.7% p.a. in ASIC (Superannuation ...

Pensioners to pay more under aged care reforms

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2024
Many recipients of the Age Pension will pay more for aged care under proposed reforms to how the sector is funded, with wealthier Australians to cover more of the costs they incur from July 2025. With the nation's annual aged care expenses predicted ...

Aussies unprepared to manage retirement income

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... onus is on individuals to take responsibility for complex decisions at retirement. "The supply of advisers and high regulatory burden have increased the cost of financial advice, with many Australians now unwilling, or unable to access it. As a result ...

Northern Trust expands fixed income trading capability

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
... multiple trading locations. "ITS helps asset owners and asset managers to meaningfully lower costs, reduce risk, manage regulatory compliance, and enhance transparency and operational efficiency," Northern Trust said. The addition of ITS expands Northern ...

Vote for Financial Standard in Australian Financial Industry Awards

STAFF WRITER  |  WEDNESDAY, 11 SEP 2024
... enjoyed covering the big issues impacting our readers, particularly the evolving superannuation and retirement landscape, regulatory developments, and the torrent of considerations surrounding the anticipated great wealth transfer. "We'd like to ...

ASX-listed firm invests with Osmosis

KARREN VERGARA  |  WEDNESDAY, 11 SEP 2024
... reflation in fossil fuel commodity prices and the longer-term risks of value erosion as the industry faces increasing regulatory and societal headwinds. Osmosis chief executive Ben Dear said it is crucial when investors are seeking to remove exposure ...

AFCA consults on superannuation life insurance disputes

ANDREW MCKEAN  |  TUESDAY, 10 SEP 2024
... superannuation and delayed insurance claims in superannuation. They outline how AFCA applies legal principles, industry codes, regulatory guidance and considers good industry practice when investigating these complaints. "The documents are informed by ...

BT outsources to SS&C Technologies

KARREN VERGARA  |  TUESDAY, 10 SEP 2024
... mandate to include all fund types, SS&C said. The services include transaction and distribution processing, AML/KYC, regulatory reporting, call centre services, and SS&C's Digital 360 investor services suite. Perennial had $6.6 billion in assets ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Only a handful of product issuers are monitoring consumer outcomes and product performance, while others are relying too much on consumers to self-certify they fit a target market, an ASIC review into compliance with design and distribution obligations ...