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Showing 1 - 10 of 100+ results for "ACCC"

FSC to ban occupational exclusions

ANNABELLE DICKSON  |  TUESDAY, 12 OCT 2021
... The standard is expected to come into effect on 1 January 2023 but is subject to consultation with regulators including the ACCC. "This 12-month transition period is designed to enable trustees and life insurers to re-negotiate existing group life policies ...

Investment scams set to double

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
... the end of the year with increased reports of cryptocurrency scams, imposter bond scams and Ponzi schemes, according to the ACCC. New data from Scamwatch revealed there has been a 53.4% increase in reports about investment scams received so far with ...

Every super fund should cover every occupation: FSC

KANIKA SOOD  |  FRIDAY, 13 AUG 2021
... industry-led solution requires consultation with regulators, including the Australian Competition and Consumer Commission (ACCC), Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA). The FSC ...

NAB to buy Citigroup's Australian consumer banking business

KANIKA SOOD  |  TUESDAY, 10 AUG 2021
... NAB. NAB said it expects the transaction to complete by March 2022, and that it needs approval from the Treasury, APRA and ACCC. Citigroup will continue to operate the consumer banking business until then.

Legalsuper adds to board

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUL 2021
... between 2014 and 2015, is a past chair of the Victorian Bar Audit and Finance Committee and has acted on behalf of ASIC, the ACCC and APRA in the past. Described as a distinguished legal practitioner, Peters' appointment continues the important link ...

James Mawhinney files appeal

ELIZABETH MCARTHUR  |  TUESDAY, 15 JUN 2021
... have been misguided because of that commercial pressure. We also note that some media activity has been in breach of the ACCC Media Code of Conduct." Mawhinney maintains that he is working "around the clock" to get investors in Mayfair products their ...

Citi appoints head of global asset managers

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
... since 2010. He is one of the bankers facing charges of violating laws to prevent cartel activity in a case brought by the ACCC which is ongoing. In his new position, he will be responsible for the bank's growing global asset manager relationships and ...

Aussies lose $328m to investment scams

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... and accounted for the largest scams in 2020. This is according to the Australian Competition & Consumer Commission's (ACCC) latest report Targeting Scams, which unveiled a recording-breaking amount of $851 million stolen, rising 23% compared to the ...

ASIC appoints new chair, deputy chair

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... hoped to be considered as the next ASIC chair. She will remain co-deputy chair, working alongside Court. Court has been an ACCC commissioner since May 2008, reappointed for her third term in 2018. ACCC chair Rod Sims commented on Court's appointment ...

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... Super Finder", through which consumers could request a search for lost super. ASIC, in collaboration with the ATO and the ACCC, previously undertook a review that identified financial advisers, trustees, fund promoters and unlicensed providers were running ...
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