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Showing 1451 - 1460 of 2198 results for "Framework"

ASIC approves world-first fintech exemptions

ALEX BURKE  |  THURSDAY, 15 DEC 2016
... covered under existing legislation and "tailored, individual licensing exemptions" similar to ASIC's regulatory sandbox framework. The exemption will allow eligible fintechs to test services for up to 12 months with up to 100 retail clients, assuming ...

Standard Life appoints Aberdeen exec

JAMIE WILLIAMSON  |  WEDNESDAY, 14 DEC 2016
... Standard Life Investments, where he has played a major role helping to build a robust governance and investment management framework. I wish him a very long and happy retirement," Paris said.

Aussie super funds building world-class investment teams

JAMIE WILLIAMSON, DARREN SNYDER  |  THURSDAY, 8 DEC 2016
... classes, with Australia being a rare exception. PwC said super funds are "required to have an investment governance framework in place based on prudent investment principles, including diversification." The report suggests that best practice would be ...

Japan still leading APAC offshore investors

ALEX BURKE  |  WEDNESDAY, 7 DEC 2016
... added: "There's definitely an increased understanding of the growing capability of Australian managers. With the right framework in place I see no reason why Australian can't be viewed on the same footing as many of our international peers." Commenting ...

Super disputes kept aside in Treasury review

DARREN SNYDER  |  WEDNESDAY, 7 DEC 2016
... group welcomed Treasury's interim report of the financial system's external dispute resolution (EDR) and complaints framework. The report has expressed a clear recommendation that it would not be appropriate to replace the three existing schemes - the ...

Life insurance legacy faces more scrutiny

DARREN SNYDER  |  THURSDAY, 1 DEC 2016
... into the future, serves the interests of consumers. To this end, APRA has strengthened the life insurance prudential framework and heightened its supervisory intensity of life insurers," the regulator said.

Banking inquiry becomes Royal Commission alternative

KERRIE SYDEE  |  WEDNESDAY, 30 NOV 2016
The Federal Opposition has established a Senate inquiry to investigate cases of wrongdoing in the banking and financial services industry. The Senate voted 40 to 25 in favour of establishing the inquiry, which will also examine existing legislative ...

AMP Capital senior manager joins CFS

DARREN SNYDER  |  MONDAY, 28 NOV 2016
... corporate responsibility, Tapscott will be responsible for implementation of the wealth management responsible investing framework within CFS. The framework applies to all Commonwealth Bank's wealth management businesses including CFS, and was announced ...

Super objective crucial to Commission review

DARREN SNYDER  |  MONDAY, 28 NOV 2016
... MacRae made it clear the assessment is not about comparing the performance of individual super funds or products. "This framework will allow us to assess how well our super system is able to meet its primary purpose of providing retirement income. The ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
The House of Representatives Standing Committee on Economics' first report in its review of the four major banks has recommended breaking the big four's "oligopoly" and introducing competition into the sector. The report said this could be achieved ...