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Showing 111 - 120 of 1811 results for "Framework"

ASIC, APRA slam premium hikes

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
Life insurers are underhandedly hiking premiums in a way that is misleading and fails to explain why they are rising, according to APRA and ASIC, warning that they will take regulatory action if practices do not improve. The regulators have reprimanded ...

Boards unprepared for new workplace laws: Research

ROSE MARY PETRASS  |  THURSDAY, 14 DEC 2023
New research finds most directors are concerned their boards aren't fully ready to meet new workplace sexual harassment laws introduced this week. Effective December 12, the Australian Human Rights Commission is now enforcing the Positive Duty under ...

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... wider range of advice and support, while supporting the UK investments market to thrive." The proposed simplified advice framework could see an adviser help consumers invest a one-off lump sum. Consumers would receive a suitability assessment and personal ...

Mercer Super investment chief departs

ELIZABETH FRY  |  FRIDAY, 8 DEC 2023
... the investment management team and supported Advance Asset Management in its transition into Mercer's investment framework. Collocott is an experienced hand. He was BT Financial's investment chief for nearly six years after serving as head of ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... when things go wrong on the cyber front. "ASIC expects directors to ensure their organisation's risk management framework adequately addresses cybersecurity risk, and that controls are implemented to protect key assets and enhance cyber resilience," ...

CSLR chief executive named

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... will ensure the delivery of a valued compensation service which raises confidence in the external dispute resolution framework and, more broadly, the financial services industry." The board still requires an independent chair to be appointed by the Minister ...

RBA names new chief economist

ANDREW MCKEAN  |  FRIDAY, 8 DEC 2023
... Statement provides detail about the RBA's inflation and employment goals, including the flexible inflation targeting framework and the Board's role in achieving full employment," Chalmers said. "Our shared understanding around strengthening decision ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... escalating consumer demand, and reducing the advice gap. The government also explained it will introduce a comprehensive framework for superannuation advice, establishing consistent legislative rules defining which advice topics can be funded through ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... be able to comply." Huppert said he is confident there is adequate time for super funds to get on board with the new framework. "I'd suspect super funds would be very happy if it was even earlier, maybe 2025 rather than 2026," he commented. He concurred ...

Retirement phase of superannuation consultation opens

KARREN VERGARA  |  MONDAY, 4 DEC 2023
... 'default' drawdown rates, investment strategies and/or longevity products," the paper read. Changing the minimum drawdown framework is one option. This could be revising minimum rates to "achieve a smoother drawdown profile over retirement to better ...