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Showing 1481 - 1490 of 6588 results for "Review"

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
... executives' ability to switch investment options. And many trustees did not have mechanisms in place at all to regularly review switching activity by their directors and executives. There was also a lack of oversight of investment switching among related ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... interests of members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing expenditure, it found instances of failure to actually measure and assess the benefits of expenditure ...

Australian corporate bond overhaul

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... the government provides incentives for fixed income service providers to act as intermediaries for retail investors. A review of the licensing regime for credit rating agencies with a view to minimise access barriers for small and medium enterprises ...

Commonwealth Financial Planning to shutter

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... looking for wealth advice, the bank said. The announcement comes after CBA confirmed in July that Commonwealth FP was under review after partially offloading the business to AIA. CBA first sold CommInsure Life to AIA in 2019 and received a total of $2.3 ...

BT identifies Panorama outage cause

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
... underlying issue that caused the access interruption has been rectified. We've put heightened monitoring in place and a review is underway to help ensure it never happens again. We want to be a partner of choice and we thank our advisers and their clients ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... government is the latest to jump on board and ban bank-run marketing schemes in classrooms after ASIC handed down a scathing review into school banking programs, finding they failed to teach children financial literacy or the value of money. Following ...

Sally Loane resigns as FSC chief

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... and trustee companies. "Some of the more significant challenges have included initiating life insurance's Trowbridge Review, developing the life Codes, and advocating for a sensible Compensation Scheme of Last Resort," she said. "I have enjoyed working ...

MLC Life wins group mandate

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... their members." As trustee for OneSuper, Diversa established a working relationship with MLC in January of this year to review and transition the fund's group insurance arrangements.

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... policymakers and senior staff, including banning them from holding or trading individual stocks and bonds. Following a review and recent scandal, the Federal Reserve has moved to prohibit the purchase of individual stocks as well as active trading by ...