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Showing 1 - 10 of 1378 results for "Transparency"

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
... plan to introduce a single expert decision-making process for all mergers to bring more "certainty, consistency, and transparency." Mergers that cross certain monetary and market share thresholds (to be determined through consultation) will be required ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
... She urged all life insurers to review their processes for detecting, recording, and reporting breaches to ensure transparency and accountability. Total policyholder complaints reached a whopping 75,256 - more than 50% compared to the prior corresponding ...

NZ Super Fund chief investment officer departs

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... chief executive Marcie Frost said: "Stephen has worked in very public roles during his career for organizations where transparency and resiliency are essential." "He brings not only a wealth of investing knowledge to the job, but he also has the temperament ...

Super fund expenditure to be exposed

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... "I am pleased to acknowledge that the industry has been broadly supportive of APRA's proposals to provide greater transparency on the use of member funds," she said. "Through our Superannuation Data Transformation project, APRA will continue to expand ...

Brighter Super signs David Koch as ambassador

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
... run." As for how Brighter Super will measure the success of the partnership, the fund said: "We are committed to transparency and will measure the success of our partnership through various metrics, including member participation in events, engagement ...

Government promises transparent financial services regulation

KARREN VERGARA  |  WEDNESDAY, 13 MAR 2024
The federal government is launching an initiative to provide transparency and better coordination in how it regulates financial services firms to alleviate their compliance costs and burdens. The Financial Sector Initiatives Regulatory Grid wants to ...

Hostplus rejects anti-competitive behaviour claims

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
... that WMPs often have undisclosed commercial arrangements with the super funds they present to employees. To promote transparency and ensure that employees can make informed decisions based on proper facts, Hostplus suggested that "WMPs should be required ...

Government consults on options to improve performance test

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
... making it more inclusive for diverse products, including values-based ones. However, its complexity could hinder transparency and create a reporting burden, with possible additional data requirements from APRA. Some argue a single-metric test would provide ...

ASX settles $1.05m fine for transparency failures

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
ASX has settled a $1.05 million penalty after an ASIC investigation found it failed to meet pre-trade transparency rules on 8417 occasions from April 2019 to December 2022. The rules mandate that ASX disclosure specific order details on its trading ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... that at $580. "One of the things we've certainly tried to do with the launch of Vanguard Super is simplicity and transparency - at Vanguard, whether you're in accumulation or retirement phase, you're going to pay the same," Shrimski said. ...
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