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ASIC
Superannuation
The Australian Securities and Investments Commission has revealed that not enough funds are meeting their statutory obligations with respect to internal dispute resolutio...
Superannuation
The Federal Court has made orders by consent to wind up Western Australian company Superfunded, following an application from ASIC to appoint a liquidator last month....
Superannuation
The Australian Securities and Investments Commission has revealed it is focusing on super funds which provide employers with inducements such as free tickets to sporting ...
Financial advice
The Australian Securities and Investments Commission was granted interim injunctions by the Federal Court against Superfunded, its sole director and its shareholder....
People and Products
The Australian Institute of Superannuation Trustees has appointed a former ASIC lawyer as its new head of advocacy....
Rollover
Rollover feels certain that Victorian Liberal Senator, Kate Hume, will go far in her parliamentary career if only because she seems to know how to keep her eye on the pri...
Financial advice
The government has announced the appointment of a new ASIC chair for a five-year period, effective from 1 February next year....
Superannuation
The Australian Securities and Investments Commission has backed super funds having to pay for use of the new Australian Financial Complaints Authority and has argued it m...
Insurance
The Insurance within Superannuation Working Group is looking to establish a cross-industry standard for profit-sharing arrangements....
Insurance
ASIC has confirmed that both it and APRA are scrutinising so-called ‘profit sharing’ arrangements between insurers and super funds....
SMSF
ASIC has disqualified John Evennett from being an SMSF auditor after he was found to have audited the fund of his immediate family member. ...
SMSF
ASIC has disqualified an SMSF auditor after he audited the fund of a close family member and breached audit evidence requirements....
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...