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Showing 1511 - 1520 of 3409 results for "Response"

AFA takes red pen to Hayne report

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
... is now pushing for a broader definition of intra-fund advice." In late February Anderson came out swinging in a public response to the final report at the Sydney leg of the AFA's Connect tour, lashing significant sections of Hayne's work; particularly ...

Royal Commission will guide remuneration standard: APRA

DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
... unquestionably strong capital ratios already attained by most banks." However the regulator soon expects to release its response to revised capital requirements for credit risk and operational risk. "The next phase of consultation will focus on the treatment ...

UK to introduce new pension scheme

KANIKA SOOD  |  TUESDAY, 19 MAR 2019
... and ultimately delivering the UK's first CDC pension." CWU deputy general secretary postal Terry Pullinger said: "The response to the consultation on these proposals, and the degree of support from many key players, confirms our belief that the pensions ...

Franking changes feared by shareholders

HARRISON WORLEY  |  TUESDAY, 19 MAR 2019
Shareholders of a listed investment company fear Labor's proposed franking credit changes will hit them hard. The Australian Foundation Investment Company said a survey of its shareholders reveals they expect to be heavily affected by the changes to ...

Codes of conduct to be made enforceable

ELIZABETH MCARTHUR  |  TUESDAY, 19 MAR 2019
... designated as enforceable code provisions in determining whether to approve the code. These proposed new measures are in response to Hayne's recommendation 1:15. Hayne's original recommendation on this subject also called for "the establishment ...

Zero tolerance approach to poor culture needed

KARREN VERGARA  |  MONDAY, 18 MAR 2019
... the Royal Commission. Treasurer Josh Frydenberg appointed Samuel in February to lead a capability review into APRA in response to the Royal Commission's final recommendations. Samuel said top-level leaders from the chief executive to the chair and ...

Benchmark APRA against global counterparts: Treasury

KANIKA SOOD  |  FRIDAY, 15 MAR 2019
... benchmarking it against comparable prudential regulators around the globe, says its terms of reference which are now open for response. Last month, the Government agreed to undertake regular capability reviews of APRA starting in 2019. This came on the ...

Qantas Super urges women take control of super

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
... particularly important to have a strong plan in place that accounts for the different chapters of their working lives." In response to the results, the Association of Superannuation Funds of Australia (ASFA) said action is needed to improve women's retirement ...

NAB agrees to RC wealth recommendations

HARRISON WORLEY  |  FRIDAY, 15 MAR 2019
... all of the Royal Commission's recommendations directly relating to the wealth management industry. Releasing its full response to Commissioner Hayne's 76 suggested changes to Australia's financial services industry, NAB said it disagrees with four banking ...

UK pension funds to be hit hard over negligence

HARRISON WORLEY  |  WEDNESDAY, 13 MAR 2019
... through chronic mismanagement. Making mismanagement a criminal offence is part of a wider reform package put forward in response to consultation on enhancing the powers of the pensions regulator. Amber Rudd, the UK's Secretary of State for Work and Pensions ...