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Showing 1161 - 1170 of 6583 results for "Review"

Crescent Wealth misreports indirect costs, breaches regulatory standards

ANDREW MCKEAN  |  MONDAY, 28 NOV 2022
... fund's estimated costs weren't calculated or disclosed correctly, breaching regulatory standards. The finding follows a review by Equity Trustees, of the fund's product disclosure statement provided to members since July 2017. Equity Trustees ...

Code of Ethics must be fixed: Phil Anderson

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... that. "We are faced with exactly that challenge as we consider the proposed changes put forward by the Quality of Advice Review," he said. "We want to see more Australians benefit from access to affordable financial advice and need to be open to recommendations ...

Super fund board renewals need work: APRA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
... director tenure limits, and systematic identification and recruitment of skills and experience. Boards also need to rigorously review their effectiveness and the performance of directors, as well as ensure there is proactive succession planning being ...

Hostplus defies inflation fears

ELIZABETH FRY  |  MONDAY, 28 NOV 2022
... Sicilia says. He says that valuation methods are underpinned by domestic and global accounting standards and principles. Peer review Despite the uncertain times, Sicilia is not looking to see what peers are doing. "We look at how much money we have today ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... management requires appropriate systems, processes, and frameworks. Too many risk assessment reports APRA reads, however, only review design effectiveness. We also want to see a focus on operating effectiveness." Bingham acknowledged that risk culture ...

Mutuals' assets increase, profits declines: KPMG

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... credit unions (the mutuals) increased in net assets but fell in profitability over FY22. According to KPMG Mutuals Industry Review 2022, net assets jumped 7.8% to $11.2 billion, up from 5.5% growth the previous year. Total assets also increased by 7.5% ...

First Sentier names global responsible investment head

RACHEL ALEMBAKIS  |  FRIDAY, 25 NOV 2022
... Turner's appointment and the increased headcount comes as the responsible investment team is embarking on its triennial review, Turner said. "As our team has grown, and as we're at this point of revisiting our strategy, we felt it was really ...

Chuck out Chapter 7: Broome

CHLOE WALKER  |  THURSDAY, 24 NOV 2022
... possible that throwing out the Corporations Act is the only way to move forward. The Act is currently the subject of a review by the Australian Law Reform Commission. Moving forward, Ripoll said that he would like to see that the financial planning industry ...

AFA, FPA merger in best interests

CASSANDRA BALDINI, CHLOE WALKER  |  THURSDAY, 24 NOV 2022
... the merger agreement to be signed shortly and the Constitution distributed by mid-December at the latest for members to review and contemplate over the Christmas break, along with the draft set of resolutions. "We also expect consultations for the merger ...

Financial planning avatars are the future

CHLOE WALKER  |  THURSDAY, 24 NOV 2022
Alongside a panel of experts at the FPA 2022 Congress held in Sydney, FPA chief executive Sarah Abood was asked what she expects the advice sector to look like in 2023, and her answer involved the metaverse. "I'm an optimist when it comes to technology ...