Government consults on new work test rules

The Government has released a draft bill for consultation, outlining measures to provide greater flexibility in the superannuation system for older Australians. The bill includes three changes: • the age at which the work test starts to apply for voluntary…

AFSL hurdle set higher

The new “fit and proper” test that ASIC will apply to all Australian financial services licence applicants will be a higher threshold than the old “good fame and character” test. Recommendations of the 2016 ASIC Enforcement Review Taskforce that the…

The fixed income strategies weathering the storm

Equities have not been the only markets to experience extreme volatility in recent weeks. There has been a flight to safety in fixed income markets, spreads on corporate debt have widened and liquidity has dried up in corporate and structured…

ESG’s next big thing

Responsible investing is evolving quickly, with the latest development a move to create an accounting system that will measure the environmental and social impacts of business activity, alongside financial impacts. The Harvard Business School has launched an initiative called the…

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