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Showing 151 - 160 of 841 results for "Resolution"

Pinnacle steadies FY23 profit, FUM

KARREN VERGARA  |  FRIDAY, 4 AUG 2023
... affiliates are Aikya, Antipodes, Coolabah, Firetrail, Five V, Hyperion, Langdon, Longwave, Metrics, Palisade, Plato, Resolution Capital, Riparian, Solaris and Spheria. Pinnacle named the Spheria Australian Microcap Fund as its star performer, outperforming ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
Fitch has downgraded the US's credit rating to AA+ from AAA, citing fiscal deterioration, a growing government debt burden, and an erosion of governance that has manifested in repeated debt limit standoffs. "Over the next decade, higher interest rates ...

Advisers lacking PII sidestep AFCA rulings

KARREN VERGARA  |  FRIDAY, 28 JUL 2023
... industry, in particular post-Hayne Royal Commission," Singh said. "Over the past few years, AFSLs have come to see dispute resolution as an essential part of the system in which they operate. And pleasingly, some of the big operators who used to take ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
... affirmed the effectiveness of APRA in superannuation supervision, while identifying underdevelopment in the regulator's resolution function. The FRAA tabled five recommendations for APRA to enhance its superannuation regulation, making it more risk-based ...

ASIC nudges trustees on member fund compliance

ANDREW MCKEAN  |  TUESDAY, 27 JUN 2023
... major auditing firms and industry bodies to reiterate the role auditors can play in facilitating the identification and resolution of compliance issues in a timely manner. The group of trustees that came under ASIC's review was deliberately diverse ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... payments to follow shortly thereafter. "This is a significant victory for over 2000 people, who have been waiting for a resolution on their cases," assistant treasurer Stephen Jones said. CHOICE chief executive Alan Kirkland said the creation of a compensation ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... unhappy with," he said. "That said, they just need enough people in the middle ground for it to go through." Without a resolution the US was warned it would be put on potential negative credit watch. "So, the decision was necessary to prevent major negative ...

BNPL to be regulated under Credit Act

CASSANDRA BALDINI  |  MONDAY, 22 MAY 2023
... required to hold an Australian credit licence, comply with responsible lending obligations and meet statutory dispute resolution and hardship requirements. Further, BNPL provides will need to comply with statutory product disclosure as well as other ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
... Also, CPS 190 makes provisions for smaller entities, subjecting them to less stringent requirements. Meanwhile, CPS 900 Resolution Planning requires large or complex APRA-regulated entities to prepare for potential failure. In such events, the plan ensures ...

AFCA appoints lead ombudsman, investments and advice

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... deputy chief ombudsman June Smith said Singh brings deep and diverse experience to this role, having worked in dispute resolution for over a decade. "He is a respected specialist in investments and advice complaints, in areas such as financial planning ...