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Showing 1391 - 1400 of 3210 results for "Scheme"

CCIV consultation opens

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
... investor protection while being more "internationally recognisable" than the country's existing managed investment scheme (MIS) trust-based structure. The aim is to make Australian investment products more marketable and competitive overseas by making ...

Future Fund investment specialist joins Funds SA

KANIKA SOOD  |  THURSDAY, 17 JAN 2019
A Future Fund private equity investment director has joined Funds SA in a role that opened up in October. Cameron Sinclair joined Funds SA as the director of growth alternatives, a role where he responsible for more than $3 billion in assets. Sinclair ...

AFSL to begin independent review

DARREN SNYDER  |  WEDNESDAY, 16 JAN 2019
ASIC ordered that an Australian Financial Services Licensee appoint an independent expert to review the implementation of its compliance framework. The regulator said it is concerned with the adequacy and effectiveness of Kaz Capital's compliance framework ...

ASIC suspends online broker AFSL

KARREN VERGARA  |  TUESDAY, 15 JAN 2019
... administration. ASIC said the terms of the suspension will allow Halifax clients to have access to an external dispute resolution scheme. This is in addition to ensuring Halifax continues have arrangements for compensating retail clients and to hold ...

Collaboration needed for AI and machine advice programs

OSKAH DUNNIN  |  TUESDAY, 15 JAN 2019
... Kaplan Professional and Red Marker. In December 2018, multiple industry associations announced a code monitoring compliance scheme would be submitted to ASIC by 2020. This decision was made to promote cost-effective and efficient compliance automation ...

Curtain call for industry body after 96 years

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... representing the interests of superannuants, namely former public servants in receipt of a Commonwealth Superannuation Scheme or Public Sector Superannuation Scheme pension. The two pension schemes were closed to new members in the early 1990s, and many ...

Equip wins $190m superannuation mandate

KARREN VERGARA  |  MONDAY, 14 JAN 2019
... Super fund members. Global air services provider dnata will move 1100 employees, some of which are under a defined benefit scheme, to Equipsuper. It follows the provider acquiring Qantas' catering business in April 2018. Dubai-based dnata is part ...

LGIAsuper deputy chief executive departs

JAMIE WILLIAMSON  |  MONDAY, 14 JAN 2019
... LGIAsuper confirmed Ian Harcla retired in December 2018. Harcla, who doubled as chief risk officer, joined the fund in 2006 as scheme secretary. He was appointed to the dual role in 2015. Before joining LGIAsuper, Harcla was general manager of Queensland ...

PC calls for group insurance review

KARREN VERGARA  |  FRIDAY, 11 JAN 2019
The Productivity Commission is calling for an independent public inquiry into group insurance and floated the possibility of tougher regulation that includes sharper ASIC oversight, among other recommendations. Recommendation 18 in the Productivity ...

Platform fee disclosures overlooked: ISA

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
Industry Super Australia welcomed ASIC's proposed fee transparency disclosure changes but pointed out that several areas fell short and failed to address ongoing issues. In response to Consultation Paper 308, ISA said one of Darren McShane's ...