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Showing 1 - 10 of 123 results for "Interim Report"

Quality of retirement does not depend on super balance: Bragg

ELIZA BAVIN  |  FRIDAY, 10 MAY 2024
The Senate Economics Committee has handed down its Interim Report into existing and proposed super for housing policies. Chair of the Senate Economics Committee Senator Andrew Bragg said the Inquiry was recalibrated to assess how policy could improve ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... did not have reasonable grounds to suspect the contraventions under investigation because it had not prepared an interim report under section 16 of the ASIC Act. The court found that Provide Capital had a history of delay and obfuscation in handing over ...

AI is not the 'Wild West': Longo

CHLOE WALKER  |  THURSDAY, 1 FEB 2024
... or regulation of any kind. Nothing could be further from the truth." Longo referenced the federal government's interim report on regulation, which stated that businesses and individuals who develop and use AI are already subject to various Australian ...

ALRC to simplify, restructure advice laws

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
The Australian Law Reform Commission's (ALRC) third and final interim report is proposing to restructure and simplify financial advice regulation after finding the industry is regulated very differently to other financial services sectors. Interim ...

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI  |  THURSDAY, 8 DEC 2022
... law on two levels. Those levels are: "Unnecessary repetition of identical provisions such as those identified in Interim Report B and specific obligations placed on the same provider through multiple applications of like obligations, such as the financial ...

Throw out financial services law clutter: ALRC

ANDREW MCKEAN  |  WEDNESDAY, 5 OCT 2022
The Australian Law Reform Commission's (ALRC) second interim report to reduce complexity in financial services legislation proposes an alternative model that's more coherent and principled, and "embraces minimalism." The ALRC's proposed legislative ...

Midwinter unveils new adviser tool

CHLOE WALKER  |  WEDNESDAY, 31 AUG 2022
... and reduced time and effort to produce a Statement of Advice." Interestingly, in the Quality of Advice Review's interim report and consultation paper released this week, chair Michelle Levy suggested removing the requirement for financial advisers to ...

FPA pushes for advice law simplification

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... including changes that could affect the advice industry. Its first of four reports, Financial Services Legislation: Interim Report, the ALRC made 16 recommendations, broadly addressing incomplete understandings of legislative complexity; complex definitions ...

Expansion strategy boosts Sequoia results

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
The diversification strategy of Sequoia Financial Group's licensee services business has delivered strong results in the interim reporting period. The professional services division, which provides licensed services to financial advisers, as well ...

Magellan promises better investment performance

KARREN VERGARA  |  FRIDAY, 18 FEB 2022
After a turbulent six months, Magellan Financial Group acknowledged it needs to improve its investment performance. Releasing its half-year results this morning, Magellan interim chief executive Kirsten Morton assured investors that the "financial health ...
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