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Showing 1271 - 1280 of 2196 results for "Framework"

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
... (ASFA) A major chunk of ASFA's pre-budget submission for this year pushes for the government to change the legislative framework for SG. It wants SG to be extended to dependent contractors, the self-employed, the $450 a month threshold removed and permanent ...

Fees for no service an old issue: AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
... down; board directors taking a 25% pay cut for the remainder of 2018; and the strengthening of its advice governance framework in 2017 among other internal measures. To view AMP's full Royal Commission response, click here.

CBA enters APRA EU

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... accepted an Enforceable Undertaking from Commonwealth Bank, having determined the bank's operational risk management framework "worked better on paper than in practice." Releasing the final report of its prudential inquiry into CBA, the regulator said ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... part of grandfathering arrangements for fear of underinsurance risks, he said, adding the legislated Life Insurance Framework sufficiently covers this area.

Open banking data to become super fund value add: QMV

KANIKA SOOD  |  FRIDAY, 13 APR 2018
As Australia inches towards a rollout of open banking services, a QMV principal consultant said superannuation funds should move to integrate open banking data to improve their services even before open data frameworks officially hit the super industry. ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... "merely rehashes" previous reports and research into the segment comprehensively addressed by FoFA, the Life Insurance Framework and more recently professional standards legislation, the AFA said. The PJC has fundamentally failed to compare the cost ...

Default options safeguard retirement savings: Research

JAMIE WILLIAMSON  |  WEDNESDAY, 11 APR 2018
... states: "Defaults may be a good alternative to address poor decision-making, provided the default is well designed." With framework development for Comprehensive Income Products for Retirement ongoing, the research suggests that consideration of the ...

Royal Commission to take "labyrinthine" advice legislation to task

ALEX BURKE  |  MONDAY, 9 APR 2018
... called out the "labyrinthine" regulatory regime in which the industry operates. The paper notes the current legislative framework for financial advice was designed in the 1990s, at a time where "economic, political and social factors - including financial ...

FASEA consultation could sway retirement outcomes

JAMIE WILLIAMSON  |  MONDAY, 9 APR 2018
... on its new standards. In a new position paper, Challenger has called for the development of a new retirement income framework, comprising more than just purpose built products like Comprehensive Income Products for Retirement. At the framework's foundation ...

Technology for advisers by advisers

JAMIE WILLIAMSON  |  FRIDAY, 6 APR 2018
... their value proposition," Jacques added. As such, AGBA is working with members to develop an adviser-designed technology framework which would integrate with mainstream practice CRMs and financial planning tools via an open API, allowing for greater ...