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| | | Regaining the trust of Australians is a responsibility for the financial services industry, not the prudential regulator. Speaking at the Annual Risk Management Association CRO conference in Sydney this week, APRA chairman Wayne Byres said the Royal ... |
| | | | ... that philanthropy is good for them and brings them across the self-interest journey. It would encourage the donations line not to slide further, he said. Impact Generation Partners founder Amanda Miller if PAFs and community foundations invested 5% of ... |
| | | | ... Gillard called Gonski to review the funding of Australian education. "My initial thought was that this is ridiculous. I'm not an educator, I was and am still a chancellor at a university but I'm not trained as an educator... [but] it's probably ... |
| | | | ... may come into law in the future, he warned. By way of deduction, Faure commented on what a prudent superannuation trustee is not. It's not one that's so cautious and risk averse that becomes "paralysed" about taking risks, he said. It needs to ... |
| | | | ... Jonathan Shead said he would be surprised if there are any new products in the next 12 to 18 months. "Most super funds are not wanting to get ahead until the legislation is settled, which we expect to be around this time next year," Shead said. "In parallel ... |
| | | | Not-for-profit funds have been vindicated by the Royal Commission's "damning" preliminary findings into the retail super sector but can't afford to be complacent, according to the Australian Institute of Superannuation Trustees. Kicking off ... |
| | | | ... with JCP, we are able to provide access to a compelling capacity-constrained Australian equity strategy that has previously not been available to retail investors," BNP AM Australia chief executive David Grybas said. "This is a natural extension to our ... |
| | | | ... providing advice, and failed to consider and properly investigate the subject matter of the advice. ASIC determined that Allen did not comply with the best interest duty and its related obligations, nor comply with the reasonable basis requirements for ... |
| | | | ... said there was "a lot of misrepresentation" about ETFs in the media, noting ETF trading during periods of market stress did not equate to forced redemptions of underlying stocks and bonds. Petering used the performance of iShares iBoxx $ High Yield Corporate ... |
| | | | ... findings concluding the fifth round, APRA said the Commission unearthed new information that posed serious compliance questions not in accordance with the Superannuation Industry (Supervision) Act. APRA warned namely the trustees of Suncorp, Colonial ... |
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