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| | | Of the 97 products to fail this year's superannuation performance test, 96 are trustee-directed products - 75% of which are issued by the same four trustees. Released this morning, the 2023 performance test marks the first time trustee-directed ... |
| | | | ... to test assumptions and test new horizons," he said. "This is about preparing them for what they need to do from a regulatory perspective and an asset owner perspective." Financial Standard is the official media partner of the Australian Institute of ... |
| | | | ASIC and the Reserve Bank of Australia (RBA) have set out high expectations for the ASX to get the CHESS replacement right, forcing it to consult on all matters on the CHESS replacement with the newly established oversight body. In a joint letter, the ... |
| | | | ... any planned changes to the fund and continues to support the fund as it always has." However, it's now said: "The regulatory requirements imposed on superannuation funds in Australia have continued to grow, resulting in increasingly higher demands ... |
| | | | ... after tax of $17 million. Several challenges negatively impacted the group's financial performance, which includes regulatory investigations and proceedings related to legacy issues; the ongoing impact of the appointment of voluntary administrators ... |
| | | | In anticipation of regulatory change, Evolution Trustees has established a division to help investment houses transition their wholesale funds to retail. The move is in response to Treasury's review of managed investment schemes and consultation on ... |
| | | | ... worked at ASIC from 2003 to 2017, leading work on fundraising, mergers and acquisitions, corporate governance, and regulatory policy. During her time in Treasury, O'Rourke held leadership positions with responsibility for data and digital economic reforms ... |
| | | | ... retirement outcomes for members, however, the FSC believes this framework will be more successful if the government removes regulatory barriers that are inconsistent with the Covenant," he said. "FSC research has projected that by designing more efficient ... |
| | | | APRA has published its Quarterly Superannuation Performance and Quarterly MySuper Statistics report, revealing surging growth in the superannuation sector. Total superannuation assets increased by 7.6%, reaching $3.54 trillion in the year to June, compared ... |
| | | | AMP is facing legal action from global reinsurer Munich Re over potentially deceptive practices in past reinsurance arrangements. In a disclosure nestled within AMP's recent half-year results, it was revealed that AMP Limited and its subsidiaries, including ... |
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