Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 1827 results for "Monitor"

BUSSQ's boardroom brass cleared, CFMEU spend deemed sound

ANDREW MCKEAN  |  WEDNESDAY, 2 JUL 2025
... achieved its stated purpose, delivered on the objectives outlined in the business case metrics, and included mechanisms to monitor outcomes. KPMG, however, recommended that the fund further clarifies how it demonstrates fair value, including by outlining ...

Aware Super flies the coop with sale to KKR

ELIZA BAVIN  |  WEDNESDAY, 2 JUL 2025
Aware Super has sold its stake in ProTen to KKR for an undisclosed amount. Established in 2001, ProTen develops, owns, and operates farm infrastructure for Australia's poultry supply chain. The company manages poultry infrastructure including more than ...

APRA expects 'no cutting corners' with CPS230

KARREN VERGARA  |  TUESDAY, 1 JUL 2025
... required." This is in light of ASIC handing down a scathing review on the state of superannuation trustees failing to monitor or report on their death benefit claims handling processes from start to finish. All the while, many super funds boast that ...

AMP North launches model portfolio solution with BlackRock, Lonsec

ANDREW MCKEAN  |  MONDAY, 30 JUN 2025
... incumbency, and scale." AMP noted advisers will be able to track portfolio performance and to content support, allowing them to monitor holdings, review performance, and receive trade notices and market commentaries that can be white labelled for their ...

ASIC releases new relief for reportable situations regime

KARREN VERGARA  |  MONDAY, 30 JUN 2025
ASIC has provided AFSLs new reliefs to help them manage the reportable situations regime, which includes extending the length of investigations reportable from 30 days to 60 days. Also in the relief, ASIC is exempting the reporting of certain breaches ...

Super funds given reprieve from Trump's 'Big Beautiful Bill'

ELIZA BAVIN  |  FRIDAY, 27 JUN 2025
Section 899 of US President Donald Trump's 'Big Beautiful Bill' will be abandoned after institutional investors expressed concerns over the retaliatory tax proposal. The announcement was made by US Treasury Secretary Scott Bessent overnight ...

Super spending calls BFID compliance into question

JAMIE WILLIAMSON  |  TUESDAY, 24 JUN 2025
There is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic ...

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... relevant providers meet the qualifications standard and ensure it is recorded correctly." After January 1, ASIC will closely monitor the Financial Advisers Register and undertake a compliance program to determine if relevant providers remain authorised ...

ASIC calls on AFS licensees to 'step up'

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
The Australian Securities and Investments Commission (ASIC) has issued a warning about share sale fraud after a spike in reports of stolen shares due to identify theft. ASIC said it has conducted an industry review and provided updated guidance for ...

ASIC reads the riot act to the super industry: Longo

ANDREW MCKEAN  |  FRIDAY, 13 JUN 2025
... you look at it, that's a long time for your loved ones to be waiting..." Not a single trustee in that review bothered to monitor or report on end-to-end death benefit claims handling times, nor did they have performance objectives for these times. Many ...