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Showing 81 - 90 of 310 results for "Urging"

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
ASIC has so far secured more than $102 million in remediation for Freedom Insurance customers and is urging anyone else who purchased life cover through the now-defunct insurer to come forward. Freedom Insurance went out of business after ASIC's review ...

Neobank Volt closes its doors

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
Australian neobank Volt, the first of its kind to receive a full banking licence from APRA, is closing its doors and urging customers to withdraw all funds from accounts before July 5. In a statement, Volt said the decision was made by the board after ...

Experienced advisers in education limbo

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... allow us to do it." The Association of Independently Owned Financial Professionals executive director Peter Johnston is urging affected student members to "not commit to any additional studies to satisfy FASEA until after the election result". "However ...

FPA pushes for advice law simplification

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... advisers at significant risk of breaching the law, according to the Financial Planning Association of Australia, which is urging the government to strip out layers of complexity in the latest round of reforms. Citing its submission to the Australian ...

Super baby bonus could end inequality

ELIZABETH MCARTHUR  |  MONDAY, 28 FEB 2022
... new policies addressing gender inequality in superannuation. HESTA also wants to see SG paid on maternity leave and it is urging the government to introduce a "carer's credit" on unpaid parental leave which would see the super balances of primary carers ...

ASIC considering more action on Sterling collapse

KARREN VERGARA  |  MONDAY, 14 FEB 2022
... senate committee that recently handed down its final report in its inquiry into the collapse of the Sterling Income Trust is urging ASIC to take more action in a bid to protect consumers. Speaking at the Parliamentary Joint Committee on Corporations ...

Scammers prey on lonely hearts

ELIZABETH MCARTHUR  |  MONDAY, 14 FEB 2022
This Valentine's Day, Westpac and the ACCC's Scamwatch is urging people to be aware of love scams. Scamwatch found Australians had lost $56 million to love scams last year. This particular breed of scams appears to be on the rise, with 44% more lost ...

ASIC exposes RE structure conflicts of interest

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... roles, the directors had an average of 6.7 external commitments, spending 10.1 days per quarter on such commitments. ASIC is urging the managed funds sector to consider the review findings and proactively take steps to evaluate and improve their governance ...

Investors should embrace alternatives: J.P. Morgan

CHLOE WALKER  |  MONDAY, 24 JAN 2022
With an expectation that public market returns will be hard to come by this year, J. P. Morgan is urging investments to embrace megatrends playing out across alternative asset classes. J.P. Morgan has published the 2022 Alternatives Outlook which explores ...

Financial watchdog warns on crypto

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
In a public statement this week, the Australian Securities and Investment Commission ( ASIC) has issued a warning urging self-managed super funds (SMSFs) to consider the risks of cryptocurrency investments. The corporate regulator said that it had noticed ...