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Showing 1161 - 1170 of 2194 results for "Framework"

One small step for responsible investment sees one giant leap for Man Group

DARREN SNYDER  |  WEDNESDAY, 19 DEC 2018
... institutional investors demanding greater ESG transparency. The $158 billion (US$114bn) investment manager's RI Fund Framework, launched this week as part of a wider industry commitment to responsible investment, is designed to establish a baseline of ...

ASIC sharpens focus on managed accounts

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... raise awareness of potential harms or concerns. It will also provide the basis of a high level review of the regulatory framework for all types of managed accounts, including an industry consultation process. "IMAP will liaise closely with ASIC during ...

APRA unveils new prudential measures

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... sound, value-for-money outcomes to all members. APRA deputy chair Helen Rowell said: "These changes to the prudential framework set a higher bar for RSE licensees by requiring a robust assessment of the outcomes delivered for members to be reflected ...

Retirement income covenant consultation continues

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... disclosure documents and calculation methods for its proposed retirement income covenant. Phase two of the Retirement Income Framework is aiming to develop standardised and simplified metrics in product disclosure documents to help consumers make better ...

Complainants most satisfied with life insurers

KARREN VERGARA  |  TUESDAY, 11 DEC 2018
... in the financial dispute resolution system, IDR plays a vitally important role in Australia's consumer protection framework, ASIC commissioner Danielle Press said. "Consumers and small businesses should have access to transparent, fair and timely ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... merge APRA and ASIC, Financial Standard' s readership was split. The structure of Australia's financial services framework is similar to the UK, which is overseen by three main regulators: the Bank of England (BOE); Prudential Regulation Authority ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... APRA," George said. "The work to separate pensions and investments from our life insurance business continues. There is a framework available to complete the Zurich transaction that does not involve IOOF." Separately, IOOF recently sold its corporate ...

Freedom ditches life insurance sales

KARREN VERGARA  |  THURSDAY, 6 DEC 2018
Freedom Insurance Group announced it will stop selling life insurance products and alerted shareholders of the likelihood it will face a liquidity crisis next year. The board of the embattled insurer has decided to search for alternative business models ...

Industry fund hires group executive

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
A $51 billion superannuation fund has appointed a new group executive as it reshuffles its team. Gemma Kyle has been appointed as the group executive of corporate services, which is one of the six newly-created teams inside Rest. The corporate services ...

Emerging markets must be long-term bet

DARREN SNYDER  |  WEDNESDAY, 5 DEC 2018
... where an element of market timing can creep in for institutional investors, Bilton said. The asset manager's tactical framework (separate to the LTCMA) is more cautious about these economic cycles in the near term, he added. Elsewhere the LTCMA report ...