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Showing 91 - 100 of 293 results for %22Business Performance Review%22

ASIC demands compliance despite COVID-19

HARRISON WORLEY  |  THURSDAY, 16 APR 2020
... continued compliance with their regulatory obligations in the COVID-19 context, assessing the effectiveness of their business continuity plans and alternative working arrangements so as to comply with all regulatory requirements." Earlier in the week ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
Gone are the days of 'business as usual' with Australia's capital cities and skyscrapers empty and its employees now working from the comfort (and safety) of their homes. But what impact will this have on our real estate investments? Prior ...

New MySuper outcomes tool set for release

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... investment solution provider Trustee Tailored Super (TTS) is planning to release a MySuper Outcomes Tool at close of business on Monday, which for the first time will allow trustees to compare the outcomes of all 96 MySuper products offered in Australia. ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
The prudential regulator has responded to submissions seeking clarity on its proposed Business Performance Review guide. APRA said a number of industry participants raised concerns over the proposed guide in submissions. The regulator said a number ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
... collection will also support the implementation of other key regulatory requirements including the business performance review, and the legislated outcomes assessments which form a key input to these reviews. "It also enables the planned expansion of ...

Culture change must not be a fad: APRA

HARRISON WORLEY  |  FRIDAY, 11 OCT 2019
... Louise Davidson went a step further than the APRA chair, declaring governance was not up for negotiation. "Public trust in business remains shaken and companies have more work to do to meet the expectations of the broader community," Davidson said. "Poor ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
... SPS 515 Strategic Planning and Member Outcomes would require all RESs to perform APRA's annual Business Performance Review (BPR) to assess whether they are delivering sound, value-for-money outcomes for members. SPS 515 complements the newly legislated ...

YBR to remediate wealth clients

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... ($33.95m) came write downs of the wealth management and lending businesses. In May, chair Mark Bouris announced the wealth business restructure will result in job cuts; Frank Ganis stepped down as group chief executive to a part-time role. In 2018, the ...

Beware adviser conflicts of interest: Lonsec

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 AUG 2019
... don't properly address the how and why of managed accounts, they risk creating a conflict trap that puts their entire business at risk." Financial Standard recently questioned ASIC about its work in regulating managed discretionary accounts (MDAs). ...

Macquarie asset management business down

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... AM closed the quarter with $552.7 billion in AUM, up 2% from the previous quarter. Its banking and financial service business saw total deposits down 1% at $53.1 billion - its funds on platform grew by 3% to $88.8 billion. Also announced at the meeting ...