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Showing 101 - 110 of 224 results for %22RSE%22

Hayne recommends new regulatory overseer

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... adjusted role for ASIC within superannuation, Hayne said the corporate regulator's responsibility is the relationship between RSE licensees and consumers, and added ASIC should be given power to enforce all provisions in the SIS Act which are or will ...

ANZ, IOOF revise wealth sale agreement

JAMIE WILLIAMSON  |  TUESDAY, 15 JAN 2019
... defending the case against them. Late last year IOOF appointed an independent reviewer and also agreed with APRA to separate its RSE and RE licence functions into two separate legal entities. IOOF must also establish a dedicated business function to ...

IOOF appoints independent reviewer

DARREN SNYDER  |  TUESDAY, 1 JAN 2019
... and is waiting for APRA's approval. IOOF has also agreed with APRA to separate its Registrable Superannuation Entity (RSE) and Responsible Entity (RE) licence functions into distinct legal entities by 31 December 2019. The wealth manager will also ...

APRA unveils new prudential measures

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... superannuation member outcomes that will take effect from 1 January 2020. Among the initiatives, the regulator will require RSE licensees of MySuper and choice products to assess, annually benchmark and evaluate their performance in delivering sound ...

APRA takes action against IOOF

HARRISON WORLEY  |  FRIDAY, 7 DEC 2018
... notice issued by APRA. It declares the regulator intends to direct IOOF Investment Management Limited (IIML) to comply with its RSE licence and impose additional conditions on the licences of IIML, Australian Executor Trustees and IOOF. The regulator ...

Diversa executive joins managed accounts specialist

DARREN SNYDER  |  THURSDAY, 1 NOV 2018
... trustee business. The move comes on top of MGP acquiring Aracon Superannuation, an existing registrable superannuation entity (RSE). MGP said the acquisition will enable it to deliver an "upgraded superannuation solution to its financial planning, stockbroking ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Numerous policy questions that arose from the life insurance round of the Royal Commission could shake up the direct life insurance segment and potentially ban conflicted remuneration in risk products. The document, released yesterday, questions the ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
APRA will dig its heels into a list of concerns magnified in the Royal Commission into superannuation that mainly involve IOOF, CBA and Suncorp. In response to the preliminary findings concluding the fifth round, APRA said the Commission unearthed new ...

Linear pushes MGP into the red

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... sense." In May 2018, the company announced it was well advanced in acquiring an existing Registrable Superannuation Entity (RSE) and executed a non-binding relationship agreement, he said. "If completed on terms suitable to Managed Accounts, this transaction ...

Former Mercer director joins MGP

JAMIE WILLIAMSON  |  MONDAY, 3 SEP 2018
... audit, risk and compliance committee. MGP chair Don Sharp said McAlister's expertise will be invaluable if the planned RSE acquisition goes ahead. In addition to MGP, McAlister is also currently working with the Australian Financial Complaints Authority ...