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Showing 1611 - 1620 of 6857 results for "PRA"

APRA outlines remuneration standard

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
The prudential regulator released its final standard for remuneration across superannuation, banking and insurance which could see individuals lose their bonus in the event of poor risk conduct. Cross-industry Prudential Standard CPS 511 Remuneration ...

Madison delivers for Clime one year on

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
One year after it was acquired, Madison Financial Group has helped boost the performance of parent company Clime Investment Management. Madison, which Clime acquired in June 2020, contributed $3.6 million to the group's FY21 revenue. Madison now has ...

Fear of greenwashing worse than reality: Report

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 AUG 2021
With much hysteria around greenwashing as ESG becomes increasingly important to investors, S&P has issued a new report theorising concern about greenwashing is often misplaced. In the report, S&P noted that greenwashing or sustainability-washing concerns ...

ClearView offloads advice unit

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
ClearView is divesting its financial advice business for $15.2 million to another ASX-listed firm. Centrepoint Alliance will acquire ClearView subsidiaries ClearView Financial Advice (CFA), Matrix Planning Solutions and LaVista Licensee Solutions. The ...

AFMA names new chief executive

KARREN VERGARA  |  WEDNESDAY, 25 AUG 2021
The Australian Financial Markets Association appointed a new chief executive who is a former APRA executive. Brett Harper takes the post on October 11. He was most recently spent three years as a director at Promontory Australia, providing consulting ...

Adviser support services a boon for Sequoia

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
Sequoia Financial Group continues to benefit from the highly competitive sector of financial adviser support services, which doubled its revenues in the last two years. Sequoia's wealth division, which provides licensee services to over 400 authorised ...

Consultum chief joins new firm

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
The former chief executive of IOOF-aligned Consultum Financial Advisers has found a new role. Joe Botte joined boutique dealer group ASVW Financial Services (ASVWFS) as executive director. "Joe is a very committed and effective executive with an extensive ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ...

North educational hub registers 5000 users

KARREN VERGARA  |  MONDAY, 23 AUG 2021
AMP North's education hub has clocked up more than 5000 attendees since launching last year. North's virtual educationHUB has held seven education series and over 70 webinars covering more than 25 topics. The topics cover professional and personal development ...

ASX outage result of process failures, disagreement

KARREN VERGARA  |  MONDAY, 23 AUG 2021
Following an independent review on a major trading glitch last November, the Australian Securities Exchange has come out relatively unscathed. The joint investigation by ASIC, the Reserve Bank of Australia and IBM into the implementation of the Nasdaq ...