All posts tagged "Superannuation"
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457Australia & NZFederal Court Imposes A$57.5m Penalty Against NAB Units
NULIS Nominees and MLC Nominees admitted to misleading or deceptive conduct, false or misleading representations, and breaches of the ASIC Act and Corporations Act.
September 14, 2020 -
890Australia & NZASIC Defers New Fee Disclosure Obligations Two Years to 2022
Superannuation funds and managed investment scheme issuers will now have until September 2022 to comply with fee and cost disclosure requirements.
September 10, 2020 -
545Australia & NZAustralia Passes Law to Allow Employees to Choose Super Fund
The bill will allow Australians to choose their own superannuation fund instead of being forced to invest in mandatory superannuation funds offered by their employers.
September 4, 2020 -
1.2KAustralia & NZAustralia Senate Committee on Fintech, Regtech Publishes Interim Report
The committee has categorised the material presented under: Covid-19 issues, tax, regulation, access to capital, skills and talent, and culture.
September 4, 2020 -
414Australia & NZAPRA Updates Four-Year Corporate Plan to Prioritise Covid Risks
APRA will prioritise the safety and soundness of regulated institutions, operational resilience and contingency planning for adverse events.
September 3, 2020 -
525Australia & NZ
APRA Issues 3rd Consultation Package on Superannuation Data Collection
The third package contains consultation materials covering four areas: expense reporting, asset allocation, insurance arrangements, and fees and costs.
August 31, 2020 -
952Australia & NZAPRA Imposes Licence Conditions on NAB Unit NULIS Nominees
NULIS Nominees is required to improve its governance and control environment, and ensure members’ best interests are prioritised in its decision-making.
August 28, 2020 -
606Australia & NZ
APRA to Recommence Policy Work, Licensing Activity
APRA will recommence public consultations on high-priority prudential policy reforms, and begin accepting new licence applications in September.
August 11, 2020 -
455Australia & NZ
Australia: Former Financial Adviser Jailed for Six Years
Graeme Walter Miller was sentenced to six years’ imprisonment for misappropriating close to A$2mn for his own purposes.
August 4, 2020 -
642Australia & NZATO Commences Pilot Audit of Early Super Withdrawal Scheme
The tax office is contacting Australians who withdrew their superannuation funds early to assess if the need was genuine, and whether they should be penalised.
August 3, 2020
