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Showing 1701 - 1710 of 6859 results for "PRA"

Life Code Compliance Committee chair named

ANNABELLE DICKSON  |  TUESDAY, 8 JUN 2021
The Financial Services Council and AFCA have jointly appointed Jan McClelland as chair of the Life Code Compliance Committee (LCCC). McClelland has extensive board experience and is currently deputy chancellor at the University of New England, chair ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
After the Your Future, Your Super reforms were passed in the House of Representatives lawyers have expressed concern consumers may not understand the impact of the changes. Law firm Slater and Gordon warned that Australians could end up with less insurance ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
Australian regulators expect institutions to cease the use of LIBOR in new contracts before the end of 2021. ASIC, APRA and the Reserve Bank of Australia have reiterated the importance of ensuring a timely transition away from the London Interbank Offered ...

Madison appoints general manager

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
The head of advice at Madison Financial Group has been promoted to general manager in a newly created role. Jaime Johns takes on the new role after leading the advice unit for two years. She joined the group as national manager of advice and business ...

Former adviser hit with three-year ban

KARREN VERGARA  |  FRIDAY, 4 JUN 2021
A former financial adviser that failed to consider his clients' best interests copped a three-year ban from the regulator. Brisbane-based Nathan Smith was a representative for MyPlanner Professional Services and Total Financial Solutions Australia. ...

KPMG names risk consulting partners

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
KPMG Australia expanded its risk consulting practice with two partners joining the firm specialising in financial services. Chris de Wit has joined as partner in governance, risk & controls advisory and Kat Conner as risk, strategy & technology partner. ...

Investors move to thematic funds

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
Assets in thematic funds in Australia have grown exponentially in the last year after showing stellar results through the pandemic but performance over the long term is lacklustre, new research shows. Morningstar's latest Global Thematic Funds Landscape ...

Family law super reforms released

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
The government has released the long-awaited exposure draft legislation intended to prevent individuals from hiding superannuation assets in family law proceedings. The exposure draft legislation will use information held by the Australian Taxation ...

CountPlus acquires tech solution

ELIZABETH MCARTHUR  |  MONDAY, 31 MAY 2021
CountPlus announced a 51% investment in a paraplanning and administration service. The listed dealer group has acquired the majority stake in Wealth Axis, which is a boutique provider of paraplanning, technology and administration support services to ...

AFCA names two lead ombudsmen

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
The Australian Financial Complaints Authority (AFCA) has appointed two lead ombudsmen for insurance and small business, hiring from ASIC and Westpac. Emma Curtis has been appointed as lead ombudsman, insurance and Suanne Russell joined as lead ombudsman ...