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Showing 101 - 110 of 539 results for "Supervision"

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... collaborate with others was a logical extension," Scully says. "The question is, how do I satisfy my monitoring and supervision obligations as an AFSL holder and still meet the spontaneity and authenticity that you need in social media?" As a result ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
... has sparked a call for greater transparency and action by regulators. Section 108A of the Superannuation Industry (Supervision) Act was introduced in 2013, mandating funds undertake intra-fund consolidation, identifying and merging individuals' multiple ...

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
... Australia's largest pension funds. He began his career in the Bank of England, first in the wholesale markets supervision division (covering the gilts market) and then as an economist. After working as head of investment strategy at Barclays Wealth ...

JPMorgan among banks to bid in First Republic sale

CASSANDRA BALDINI  |  MONDAY, 1 MAY 2023
... going forward will be tougher regulation. "Our first area of focus will be to improve the speed, force, and agility of supervision," it said. "As the report shows, in part because of the Federal Reserve's tailoring framework and the stance of supervisory ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... "still far too many products delivering sub-standard investment returns to fund members". "As a result, APRA's supervision of poorly performing Choice products will intensify, and trustees can expect even greater scrutiny of their product offering. ...

Super performance test consultation opens

KARREN VERGARA  |  WEDNESDAY, 5 APR 2023
... proposed changes to the Your Future, Your Super legislation Jones floated yesterday under Superannuation Industry (Supervision) Amendment (Your Future, Your Super- Addressing Underperformance in Superannuation) Regulations 2023. Changing the duration ...

Taskforce exposes rising dangers for retail investors

ANDREW MCKEAN  |  FRIDAY, 31 MAR 2023
... borders," ASIC chair Joe Longo commented. "In our own domestic experience, we see persistent challenges around the supervision and enforcement of cross-border regulatory issues that cannot be tackled by domestic regulatory bodies alone." "Regulators ...

Super reform "takes away the right to be tax exempt"

ANDREW MCKEAN  |  TUESDAY, 28 MAR 2023
... and unrealised capital gains tax, has drawn criticism from a top AFSL. Under the existing Superannuation Industry Supervision (SIS) regulations, retirees must draw a minimum pension amount based on their age when they start an income stream. This minimum ...

TAA urges active recruitment for industry sustainability

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... advisers could work with educators, technology providers, licensees, and practices to develop programs that make the supervision, recording and assessment of PY requirements easier and more consistent. "When you're a small AFSL, supervising graduates ...

HSBC bails out Silicon Valley Bank UK

CASSANDRA BALDINI  |  TUESDAY, 14 MAR 2023
... to the second biggest bank crash in its history. Overnight the Federal Reserve board announced that vice chair for supervision Michael Barr is leading a review, of the supervision and regulation of SVB, in light of its failure. "The events surrounding ...