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Showing 1071 - 1080 of 2194 results for "Framework"

Purdue bankruptcy vindicates ESG screens

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
... it viewed as a kind of vertical integration for users of OxyContin. Purdue chair Steve Miller said: "This settlement framework avoids wasting hundreds of millions of dollars and years on protracted litigation, and instead will provide billions of dollars ...

Federal Court delivers APRA, IOOF verdict

JAMIE WILLIAMSON  |  FRIDAY, 20 SEP 2019
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator. The Federal Court has held that IOOF's Investment Management ...

Colchester launches new fund

ELIZA BAVIN  |  THURSDAY, 19 SEP 2019
Colchester Global Investors has launched its new Emerging Markets Bond Fund for financial advisers to diversify within the income-generating allocations of client portfolios. Colchester's head of distribution for Australia, Angela MacPherson, said ...

NAB launches team for vulnerable customers

KRISTI CHENG  |  TUESDAY, 17 SEP 2019
... into debt. Creating the Support Hub is one of the actions NAB has taken after developing its new Customer Vulnerability Framework, which sets out to create "more inclusive banking services and better support for customers in hard times". This framework ...

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... and law. "These changes present a timely opportunity to integrate Tax (Financial) Advisers (TFAs) into the regulatory framework for financial advisers." In its submission the council went further, arguing removing the duplication of regulators spoke ...

Foresight launches new wholesale fund

ELIZABETH MCARTHUR  |  TUESDAY, 10 SEP 2019
... for small-scale solar and wind amongst other renewable projects. The loans will be structured under a sustainability framework and certified by the Climate Bonds Initiative and verified by the Carbon Trust. Foresight said the fund's target is 4-4.5% ...

ASIC super specialist jumps to law firm

KANIKA SOOD  |  TUESDAY, 10 SEP 2019
... Securities and Investment Commission. She was also a member of the Comprehensive Income Products for Retirement (CIPR) Framework Advisory Group which was formed to advise the Treasury on legislation framework for the new retirement income products. Most ...

Down but not out: Top advisers adapt

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
Latest figures from ASIC's Financial Adviser Register (FAR) paint a telling picture of the state of Australia's financial advice sector, with close to 3000 advisers dropping out of the industry since February. According to Rainmaker analysis, the official ...

IOOF establishes super trustee office

HARRISON WORLEY  |  WEDNESDAY, 21 AUG 2019
... under the licence conditions by the June 30 deadline. "I am confident we are building an industry leading governance framework for the future, serving the interests of our members and clients," Mota said. In an attempt to renew its board, the firm appointed ...

APRA hits Allianz over risk

HARRISON WORLEY  |  WEDNESDAY, 14 AUG 2019
... wake of the landmark prudential inquiry into the Commonwealth Bank, which showed the bank's operational risk management framework "worked better on paper than in practice". Following the inquiry, APRA hit CBA with an additional $1 billion capital requirement ...