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Showing 1271 - 1280 of 3210 results for "Power"

APRA endorses review recommendations

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
APRA said it welcomes the Capability Review's "ambitious agenda" that aims to shakeup its culture and enforcement powers. Of the 24 recommendations from the Graeme Samuels-led Capability Review, APRA is endorsing the 19 recommendations dedicated ...

APRA forced to overhaul culture, capabilities

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
The prudential regulator has been criticised for its poor culture, leadership and regulation of the superannuation sector following a landmark review that will force it to overhaul its entire structure. The Australian Prudential Regulation Authority ...

APRA clarifies super fund acquisition process

KARREN VERGARA  |  TUESDAY, 16 JUL 2019
APRA has released further guidance for parties interested in acquiring a stake in superannuation funds. Parties seeking to acquire a 15% holding or more in an RSE must undertake the new application process. The process, APRA said, is consultative and ...

Super fund invests through RateSetter

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
A superannuation fund has invested in renewable energy loans via peer-to-peer lender marketplace RateSetter. Future Super is investing $200,000 through the RateSetter platform to specifically fund renewable energy loans. RateSetter is a peer-to-peer ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... design and sale of consumer credit insurance, our next steps may involve the deployment of our new product intervention power where we see a risk of significant consumer detriment," Hughes said. "We also will not hesitate to pursue civil penalties where ...

REI Super announces new partnership

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUL 2019
The $1.6 billion super fund for the real estate industry announced a new partnership to power better member outcomes. REI Super is partnering with Laneway Analytics for data insights specific to user requirements across roles within the super fund. ...

Chief economist update: Don't buy a Big Mac in America

BENJAMIN ONG  |  FRIDAY, 12 JUL 2019
... based on its Big Mac index - show that POTUS has reason to cry foul. "The Big Mac index is based on the theory of purchasing-power parity (PPP), which states that currencies should adjust until the price of an identical basket of goods-or in this case ...

Remembering Ron Grima

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2019
Known for his unwavering commitment and support of financial advisers, respected business development veteran Ron Grima passed away on July 2 after a short battle with motor neurone disease. Most recently a business development manager on Australian ...

Increasing SG costly for middle Australia: Grattan

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2019
... into account inflation only. An increase could also result in workers receiving lower wages. With workers' weak bargaining power and employers' unwillingness to give pay rises, Grattan is concerned that wages will only absorb the increase in compulsory ...

New features for My AMP

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
The 650,000 clients using AMP's My AMP wealth management website will now have access to a range of new features. The new features include an interactive goals timeline where clients can identify their goals and source educational materials and access ...