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Showing 1021 - 1030 of 1224 results for "Licensees"

APRA releases MySuper transition guidance

BEN COLLINS  |  THURSDAY, 11 OCT 2012
... of funds under the MySuper legislation. The guidance is intended to assist registerable superannuation entity (RSE) licensees to meet their obligations under Prudential Standard SPS 410 MySuper Transition which was released as a final draft on 3 October ...

APRA releases final MySuper package

BEN COLLINS  |  THURSDAY, 4 OCT 2012
... about the process for the authorisation of MySuper products. The authorisation process for superannuation entities (RSE) licensees wishing to offer MySuper products is expected to commence from 1 January 2013. Once authorised, RSE licensees can offer ...

Former Count CEO joins Chase

MELANIE TIMBRELL  |  WEDNESDAY, 5 SEP 2012
... the current flurry of consolidation within the financial services industry, including financial planning practices, licensees, fund managers and super funds. Jordan has been appointed executive chairman and Gale executive director, also acquiring a significant ...

Delay FoFA reforms another year: Lawyer

MARK STORY  |  MONDAY, 27 AUG 2012

FSC super governance policy forces independence

BEN COLLINS  |  MONDAY, 27 AUG 2012
... by the oganisation in an executive capacity in the preceding three years. To promote transparency and best practice, licensees will also need to develop and implement an environmental, social and governance (ESG) risk management policy. None of these ...

Think big on scale, ORFR: APRA

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
... very sophisticated model for its calculation from the starting date. The point of the ORFR however, is to ensure that licensees put aside resources to avoid losses incurred as a result of operational risk being realised. "If you keep that in focus - ...

APRA tweaks insurance in super

MELANIE TIMBRELL  |  TUESDAY, 21 AUG 2012
... that APRA's initial approach was prescriptive, deputy chair Ross Jones said the standard would be adjusted to require licensees to look at all aspects of insurance arrangements when selecting an insurer and not just the level of insurance premiums. Speaking ...

Lion Adv cancelled/Hickie banned

LINDA HAUSKEN  |  FRIDAY, 17 AUG 2012
... have the information available to them to help them make informed decisions," said Greg Tanzer, commissioner of ASIC. "Licensees who fail to maintain adequate PI insurance expose retail clients to the risk that they go uncompensated in circumstances ...

MySuper Bill could expose individual trustees to legal action

BEN COLLINS  |  MONDAY, 13 AUG 2012
... Superannuation Legislation Amendment (Trustee Obligations and Prudential Standards) Bill 2012. The Bill would amend the duties of licensees and trustees that offer a MySuper product, providing more obligations and increased accountability. AIST strongly ...

MLC appoints head of client succession

LINDA HAUSKEN  |  WEDNESDAY, 8 AUG 2012
... welcome Malcolm Arnold into the team. "He brings to the role a lot of experience with transactions involving practices, licensees and associated businesses as well as succession planning strategies. " McLiesh said this is a crucial position for MLC given ...