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Australia's corporate regulator on Wednesday asked the country's banks to disclose data on fees charged to Indigenous consumers after a review found they were not meeting targets for moving First...
Australia's corporate regulator on Wednesday asked the country's banks to disclose data on fees charged to Indigenous consumers after a review found they were not meeting targets for moving First Nations people into low-fee accounts.
Super funds are not doing enough to address duplicate member accounts, with an ASIC review forcing some trustees to remediate members.
ASIC is appealing for superannuation trustees to adhere to their legal responsibilities concerning member funds following a review of 12 trustees.
ASIC has warned it will be drilling down into how complete a “story” companies are telling in their disclosures in financial statements.