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Showing 1711 - 1720 of 6588 results for "Review"

QSuper unveils retirement income product

KARREN VERGARA  |  WEDNESDAY, 10 MAR 2021
... Jason Murray commented that Lifetime Pension meets the challenge set out in the federal government's Retirement Income Review, which is developing products that allow retirees to spend their superannuation with confidence. "The review has rightly ...

Allianz to rectify past deficiencies

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
Allianz Australia has been ordered to rectify its past weaknesses in its risk culture, risk governance and risk management, which APRA told the court was persistent and serious. APRA agreed to accept a court enforceable undertaking (CEU) from Allianz ...

Westpac exec goes part-time

ANNABELLE DICKSON  |  TUESDAY, 9 MAR 2021
... Court of Australia regarding two of its subsidiaries providing unlicensed personal financial advice. In addition, APRA's review into Westpac's risk governance led both parties to agree to a court enforceable undertaking (CEU). The CEU requires Westpac ...

Government retirement modelling leaves women behind: ISA

ELIZA BAVIN  |  MONDAY, 8 MAR 2021
... contributions, the male average is 36.2 years," ISA said. ISA said the analysis highlights a flaw in the Retirement Income Review base case modelling which assumes everyone receives 40 years of super contributions - leading to overestimates in retirement ...

Celebrating women in financial services

STAFF WRITER  |  MONDAY, 8 MAR 2021
... chief investment officer positions which is great to see. Q: How do we most effectively address the gender pay gap? A: Review pay across all employees doing the same role and continue to review this at pay review time. Don't make excuses that someone ...

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... supervision and remediation of historic advice deficiencies at the big banks. The advice bodies are calling for the government to review the industry funding model, reduce the levy, fund ASIC from consolidated revenue and ensure ASIC's industry funding ...

Chief economist update: More manna from UK Treasury

BENJAMIN ONG  |  FRIDAY, 5 MAR 2021
... to support the economy in response to coronavirus. Taking into account the significant support announced at the Spending Review 20, this means our total COVID support package, this year and next, is £352 billion," he said. "Once you include the measures ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... to every current and former member during the period via email; an advertisement in The Australian, Australian Financial Review and one daily newspaper in each state and territory on a weekday and on the following Saturday as agreed with ASIC; and that ...

Industry fund reviews DB payments

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... in this process," they said. Statewide declined to comment on how many accounts are affected and the total amount under review. South Australia's The Advertiser reported that the probe involves 180 accounts totaling about $1.9 million. D'Alessandro and ...

Australia to echo UK advice growth

ANNABELLE DICKSON  |  TUESDAY, 2 MAR 2021
... UK-based financial advice technology provider referred to various reforms in the UK, such as the 2012 Retail Distribution Review and General Data Protection Regulation in 2018, which saw financial adviser numbers fall and firms leaving the space. However ...