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Showing 1591 - 1600 of 6857 results for "PRA"

Advisers embrace technology, lack budget

KARREN VERGARA  |  WEDNESDAY, 15 SEP 2021
Financial advisers have dramatically relied on technology over the last 18 months yet are unwilling to increase their budget to improve the clients' digital experience, new research finds. The 2021 Netwealth AdviceTech Report found advisers spent ...

Zurich appoints head of product

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
Insurance giant Zurich has appointed a head of product into a newly created role within its group insurance business. "Jennifer Faglioni was recently appointed as head of product, one of three newly created senior roles in Darren Wickham's group insurance ...

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
The take up of managed accounts continues to grow with the industry growing $15.8 billion in the last six months to $111 billion, new research shows. The Institute of Managed Account Professionals (IMAP) and Milliman's latest Managed Accounts FUM Census ...

MUFG, First Sentier hire sustainable investment lead

ELIZABETH MCARTHUR  |  TUESDAY, 14 SEP 2021
MUFG and First Sentier Investors have announced who will lead the recently launched First Sentier MUFG Sustainable Investment Institute. Velina Karadzhova has been appointed to lead the new institute. Karadzhova will be responsible for developing the ...

Tax agent banned for dishonesty

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
The Tax Practitioners Board has banned a Victoria-based tax agent for five years for dishonestly obtaining his registration and engaging in further misconduct. Srinivasarao Jakkampudi, sole director and supervising tax agent of Truecare Solutions, requested ...

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
The prudential regulator is cracking down further on the superannuation funds that failed the performance test, chair Wayne Byres warned this morning. Last week, APRA named 13 super funds that failed its inaugural performance test. The House of Representatives ...

Praemium rejigs executive team

ANNABELLE DICKSON  |  TUESDAY, 7 SEP 2021
The platform has given its chief commercial officer responsibility of business strategy and promoted its head of distribution to the executive leadership team. Praemium's chief commercial officer Mat Walker will now oversee business strategy in addition ...

AustralianSuper skewers draft disclosure laws

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
The draft legislation on superannuation portfolio holdings disclosure is not in the best financial interests of members and only stands to serve rival fund managers to whom the reforms don't apply, according to AustralianSuper. In its submission to ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
Last year many superannuation funds revalued their unlisted assets during lockdowns. Now APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets ...

FS Power50: Last day to vote

KARREN VERGARA  |  FRIDAY, 3 SEP 2021
Voting for the 2021 FS Power50, which recognises the most influential financial advisers in Australia, closes today. This year, Financial Standard received nearly 150 nominations. Your vote will help determine who will make this year's final 50. Financial ...