by Team Garnet | Sep 24, 2023 | Superannuation
ASIC has called on super trustees to step up efforts in the areas of dealing with member money and consolidating duplicate accounts. In recent media releases, ASIC has called on superannuation trustees to step up efforts in the areas of appropriately dealing with...
by Team Garnet | Sep 14, 2023 | ATO, Small Business
After the recent release of a review, the MBR program has been scrapped by the government due to cost blowouts. The Modernising Business Registers (MBR) program was initiated by the previous government in 2019 with the aim of transforming the company, business and...
by Team Garnet | Apr 7, 2023 | ATO, Insurance, Superannuation
ASIC has released a report which examines the progress by some super trustees to improve their arrangements for life insurance in super. The review was in response to issues ASIC have highlighted since 2019 to address consumer harms in life insurance in super,...
by Team Garnet | Feb 4, 2023 | Money
In another boon for consumers, ASIC’s Financial Advisers Register will soon feature information on whether a financial adviser can provide tax (financial) advice. Consumers could soon find out whether their financial adviser can provide tax (financial) advice through...
by Team Garnet | Sep 8, 2022 | Superannuation
ASIC’s recent surveillance of superannuation trustees found some significant issues with complaints handling. The Australian Securities and Investments Commission (ASIC) is the body responsible for overseeing the operation of Australia’s financial services dispute...