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Showing 1021 - 1030 of 4166 results for "Action"

Choice products not so choice: APRA

CHLOE WALKER, KARREN VERGARA  |  FRIDAY, 17 DEC 2021
... assess the outcomes they are delivering members, better understand any drivers of poor performance and then taking prompt action to address areas of concern," Cole said. "If they are unable or unwilling to do so, they need seriously to reconsider whether ...

Shareholders reject Westpac remuneration report

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... which I apologise unreservedly on behalf of the board," Westpac chair John McFarlane told the AGM. "Be assured, remedial action has been instituted by the board and management to improve performance going forward, including a plan to reduce costs materially ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
... acting to support confidence in the superannuation industry and deliver quality superannuation outcomes for Australians. The action taken by APRA against AMP Super is cited as an example of their collaborative approach. The implementation of the Member ...

Hume commits to 12% SG

ELIZABETH MCARTHUR  |  THURSDAY, 16 DEC 2021
... threshold, he added: "While the government deserves credit for moving to address the gender savings gap, further urgent action is needed so women get their fair share and both parties need get serious about ending the scourge of unpaid super." By that ...

HESTA launches Future Planner tool

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
... financial decisions. Designed to motivate and empower members, Future Planner allows them to experiment, plan and take action to improve their financial future. "We know from supporting our members for more than three decades that financial wellbeing ...

ASIC takes 'ASX Wolf' to court

ELIZABETH MCARTHUR  |  TUESDAY, 14 DEC 2021
ASIC has taken action against Tyson Scholz, who offered his followers share trading tips on social media under the handle 'ASX Wolf'. The regulator filed proceedings in the Federal Court that will seek to restrain Scholz from carrying on any financial ...

Longo's ASIC less aggressive: Report

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... mechanism) are now back on the table," the law firm explained. "Against this backdrop, ASIC has indicated its enforcement action will prioritise areas of greatest harm, including the protection of vulnerable consumers facing hardship or who may be vulnerable ...

Half of all super products cut fees: Data

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... fees have dropped to an average of 1%. In the last decade, super fees have fallen by a quarter, with about half of the action taking place in the last three years alone. Six in 10 default MySuper products reduced fees in 2020/21, with fees now averaging ...

ISPT on track to carbon positive

KARREN VERGARA  |  WEDNESDAY, 8 DEC 2021
... anticipate and manage the impacts of climate change as part of our responsible investment approach. This is why we have taken action now, for a second year in a row, to achieve carbon neutrality across 100% of our owned and operated properties where ...

New financial crisis standards proposed

JAMIE WILLIAMSON  |  THURSDAY, 2 DEC 2021
APRA is consulting on two new prudential standards aimed at strengthening how entities, including superannuation trustees, respond to financial crises. CPS 190 Financial Contingency Planning (CPS 190) and CPS 900 Resolution Planning (CPS 900) are the ...