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Showing 1 - 10 of 488 results for "Scrutiny"

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... the ACCC. This measure seeks to ensure that the acquisitions most likely to impact consumers are subject to sufficient scrutiny. The law will specify the factors that the ACCC must consider for merger applications, helping the regulator to better differentiate ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... to revisit their crypto-allergy post-licensing of Crypto exchange. Amid greater market adoption and increased public scrutiny, Zeng said it was of the upmost importance for the cryptocurrency industry to prioritise security and data protection. "Caleb ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... products to evade the test, shifting members into untested products, or hiking fees to cross-subsidise products under scrutiny. Meanwhile, the super sector's diversity also means that some edge cases, such as annuity retirement phase or niche single-sector ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... their social responsibility and sustainability," she said. Conversely, will the banks be prepared for more regulatory scrutiny and higher compliance costs particularly if there is no additional revenue to buffer such additional time and effort? Nguyen ...

New caps can increase super contributions: SMSFA

KARREN VERGARA  |  THURSDAY, 22 FEB 2024
... remains is whether the government's proposal not to index the cap and to tax unrealised capital gains will survive the scrutiny of the senate cross bench," he said. "Although there might not be sufficient cross bench support to block this Bill, we ...

Former financial adviser sanctioned by ASIC

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
Former financial adviser Shivdeep Jaidka is under ASIC scrutiny; the corporate regulator has accepted a court-enforceable undertaking from him. After reviewing the financial services provided by Jaidka, ASIC found he failed to adhere to s961B and s961G ...

Risk, compliance staff in hot demand

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... Chisholm, factors like RG97, the Financial Accountability Regime, regulators' focus on greenwashing and continued scrutiny via Your Future, Your Super are driving demand for risk and compliance talent. Ongoing consolidation among super funds and ...

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
... highlighted that irrespective of the returns generated for members, support for employer groups by industry funds demands scrutiny, due to a chronic lack of transparency.

Aware Super, ART hire member service heads

ELIZABETH FRY  |  MONDAY, 29 JAN 2024
... change and is extremely service and people-focused," he added. These appointments come as super funds brace for heightened scrutiny on customer service. Financial services minister Stephen Jones has called customer service unresponsive, slow and not ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... proposed changes could've facilitated detailed interaction between major and minor shareholders and allowed public scrutiny of the deal's impact on smaller investors. Bragg also put forward a more dramatic step: limiting APRA-regulated super ...
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