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Showing 121 - 130 of 1812 results for "Framework"

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 ...

Changing retirement landscape needs regulatory framework: Actuaries Institute

CASSANDRA BALDINI  |  MONDAY, 4 DEC 2023
The government has been encouraged to create a regulatory framework that empowers superannuation trustees to offer members targeted help, guidance, and advice (HGA) on issues outlined in the Retirement Income Review (RIC). The Actuaries Institute dialogue ...

FCA mulls capital requirements for firms giving bad advice

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
... consumer groups, following over 250 responses to earlier consultations on Consumer Investment Markets and the Compensation Framework Review. It anticipates releasing forthcoming steps in its joint review of the Advice Guidance Boundary, conducted in ...

British banker to become RBA deputy governor

CHLOE WALKER  |  TUESDAY, 28 NOV 2023
... legislation reflects the government's objective of maintaining a "world-class" central bank with a monetary policy framework capable of meeting current and future economic challenges. He added that these changes are part of the government's broader ...

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... proposed legislation reflects the government's objective of maintaining a "world class" central bank with a monetary policy framework capable of meeting current and future economic challenges. "These changes are part of the government's broader efforts ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... performance testing of superannuation products, however flaws in the current design of the 'Your Future, Your Super' framework is having adverse consequences for consumers," Briggs added. "The FSC encourages the government to act to protect consumers ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... of legislation is "modest" but contains an "important package of reforms that will start to simplify the regulatory framework without reducing consumer protections and has the support of the financial services industry". With the missing reforms to the ...

Wealth managers shirk cybersecurity priorities

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... to an organisation's systems and networks," he said. "An effective cyber security strategy, and governance and risk framework, should help identify, manage, and mitigate cyber risks to a level that is within the risk tolerance of senior leadership and ...

Magellan cops first strike for remuneration

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
... will all face re-election. Formica said the board acknowledges that shareholders are disappointed with the remuneration framework, saying their feedback has been heard. At the same time, about 38% of shareholders voted against the re-election of John ...

Centrepoint Alliance acquires Financial Advice Matters

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
... strategy to accelerate growth by executing targeted acquisitions of high-quality businesses aligned to our strategic framework," he noted. "FAM is a corporatised advice firm with a strong cultural fit with our existing network of financial advisers and ...