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Showing 1091 - 1100 of 6733 results for "Review"

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
The Financial Regulator Assessment Authority (FRAA) has affirmed the effectiveness of APRA in superannuation supervision, while identifying underdevelopment in the regulator's resolution function. The FRAA tabled five recommendations for APRA to enhance ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... Bank is in very good hands as it deals with the current inflation challenge and implementing the recommendations of the review of the RBA. I wish Michele all the best," he said. While Chalmers said it was the right call, he added that it was not an easy ...

Family offices increasingly involved in succession planning

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
According to wealth administration provider Ocorian, family offices across the globe seem to be in good shape regarding succession planning. Ocorian's latest report, titled 'Family Offices and the role of third-party service providers' found 88% of ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... governor Philip Lowe has announced significant changes that will be implemented by the central bank in response to the recent review of its processes. In what is potentially his last speech as governor, Lowe explained that while the government concluded ...

Brighter Super sees double-digit returns

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... Suncorp Super merger will create more opportunity, he said. "I think it will give us the same opportunity there for us to review the investments that we have and make sure they are best in class for all of our members," Rider said.

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
Despite employing fewer staff and a reduction in client numbers, financial advice firms saw revenues shoot up by nearly 50% from two years ago. A survey of 122 advice practices conducted by Business Health and Iress found average revenue jumped from ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
... stakeholders to get a broad perspective on how the Fed's capital standards interact with each other. "In the midst of this review, we once again learned the importance of resilience when a sudden bank run and contagion caused three large banks to ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
Too many asset managers are disregarding liquidity risks and are unprepared in the event of mass redemptions, a review by the Financial Conduct Authority (FCA) finds. The UK regulator found that many authorised funds dismiss their liquidity management ...

Openmarkets hit with largest ever MDP penalty

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
... company has transformed, putting in place robust compliance controls and systems. The broker also commissioned an independent review of the design of its trade systems back in 2021. Meanwhile, ASIC banned Openmarkets former acting head of trading Virginia ...

Waypoint REIT cops $27.1m devaluation

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... combined valuation of $2.92 million. It explained that both independent and directors' valuations remain subject to review by WPR's auditors. Overvaluation of property assets has been scrutinised in recent times, particularly as super funds release ...