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Showing 131 - 140 of 2028 results for "Let"

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
The Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA) have published new information to help insurers and superannuation trustees prepare for the commencement of the Financial Accountability ...

GigSuper goes into liquidation

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... self-employed are presently not contributing to super. Unlike the other superannuation funds in Australia, we refuse to sit by and let these self-employed Australians, in the gig economy or otherwise, continue to struggle to save for retirement simply ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
The Australian Prudential Regulation Authority (APRA) has issued a letter to all registrable superannuation entity (RSE) licensees sharing the initial observations from its targeted thematic review of the superannuation industry's preparedness for ...

Barrenjoey, Scentre Group establish jointly managed fund

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
Barrenjoey Private Capital and Scentre Group have established a jointly managed fund to purchase a 50% stake in Adelaide's Westfield Tea Tree Plaza and the adjoining Tea Tree Plus for $308 million. CBRE head of retail capital markets - pacific, Simon ...

Trustee boards fail to challenge unlisted valuations: APRA

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
APRA says there is room for improvement when it comes to trustees' oversight of unlisted asset valuations, finding most super fund boards don't question valuations. In a letter to all RSEs, APRA reminded them of the need to have a robust asset valuation ...

ASIC appeals judge's call to not penalise Block Earner

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2024
... the company acted honestly and not carelessly in offering the product, and that Block Earner was not "careless or imprudent, let alone guilty of carelessness or imprudence of such a degree as to demonstrate that no genuine attempt at all had been made ...

Advisers call for apology from Super Members Council

JAMIE WILLIAMSON  |  FRIDAY, 14 JUN 2024
The Financial Advice Association Australia and members say the super lobby group should formally apologise for its recent remarks about "dodgy financial advisers." Earlier this week, the Super Members Council (SMC) renewed calls for anti-hawking legislation ...

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... flaws in his leadership style. "My openness and support of those loyal people around me has been criticised, however I will let my results speak for themselves. I remain as passionate about Sequoia and out team as I always have," Crole said. "Looking ...

Block Earner dodges massive fine

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... Gilbert & Tobin before launching the Earner product. Judge Jackman also argued that Block Earner was not "careless or imprudent, let alone guilty of carelessness or imprudence of such a degree as to demonstrate that no genuine attempt at all had been ...

APRA warns entities on adequacy of backup systems

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2024
APRA has reminded its regulated entities of the need to remain vigilant when it comes to cyber resilience, identifying the use of data backups as a weak spot. In a letter to all APRA-regulated entities, the regulator highlighted areas of weakness that ...