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Regulation

regulation

12 November 2020 • By Lachlan Maddock • 1 min read

ASIC to investigate super fund 'insider trading'

ASIC has said it will investigate controversial switching behaviour by a number of super trustees and executives and has revealed more details around ...

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APRA opens consult on edited remuneration standard

APRA has invited industry feedback on a revised remuneration prudential standard based on royal commission recommendations, with changes including ...

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Super benchmarks are counterproductive: IFM, Mercer

The government’s proposed benchmarking for the superannuation sector could have the opposite of the intended effect on investment performance, major ...

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NAB sees progress on royal commission fallout

NAB has completed 16 of the 26 governance and culture actions – which include strengthening accountability and “bringing the voice of the customer ...

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AFCA chases super complaints

The complaints authority has asked ASIC to allow the transition of any unresolved complaints from the soon-to-be-ended Superannuation Complaints ...

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Lowe defends unconventional policy leap

RBA governor Philip Lowe has defend the bank’s bold leap into unconventional territory, saying it was always going to be necessary despite previously ...

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RBA makes November rate call

 It’s the rate that stops a nation as the RBA makes its latest decision on monetary policy amidst increasing pressure to return the nation to full ...

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Rest settles climate risk lawsuit

Rest has settled litigation brought by one of its members in relation to its handling of climate change risk. Mark McVeigh alleged that the $57 ...

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CBA penalised over increased credit for problem gambler

The Federal Court has ordered CBA to pay a penalty after it deemed the bank breached its responsible lending duties when it approved a credit card ...

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Westpac named third most fined bank worldwide

The big four bank has racked up the third-highest penalties globally in 2020, according to a new report. Data from market researcher Finbold has ...

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