Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1861 - 1870 of 10550 results for "Close"

Initial review of RIC strategies underway

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
APRA and ASIC have already begun reviewing superannuation funds' retirement income strategies, with a view to publishing its findings later this year. In a speech to the Financial Services Council's Policy Briefing, APRA member Margaret Cole said the ...

Contact AFCA now: ASIC urges Dixon Advisory clients

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... once this occurs, no further complaints can be accepted. Administrators were appointed to Dixon Advisory on January 19, close to two years after ASIC launched civil penalty proceedings against the group for alleged conflicts, best interest failures ...

CHESS replacement delayed further, review underway

JAMIE WILLIAMSON  |  WEDNESDAY, 3 AUG 2022
... as I am with the uncertainty about the timeline for completion. I apologise for the uncertainty and thank them for their close and constructive work with us on this important project." Lofthouse took over as chief executive this month, following the ...

Class bolsters leadership with new general managers

CHLOE WALKER  |  TUESDAY, 2 AUG 2022
The cloud-based wealth accounting platform has added four new general managers to its leadership team, while also bidding farewell to its long serving chief solutions officer. The appointments of Gary Cox, Jo Hurley, Tracy Williams, and Tom Sargent ...

Financial product registrations up 30%

ANDREW MCKEAN  |  TUESDAY, 2 AUG 2022
APIR Systems reported a significant increase in the number of new financial product registrations in the financial year just gone. Product registrations rose 30.1% on the prior year, this also follows an increase of 25.8% in 2020/21. APIR chief executive ...

APRA to improve strategic planning, member outcomes rules

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
... seeing evidence that it's working in members' best financial interests." Submissions to the discussion paper released today close November 11. APRA then intends to release draft enhancements early next year for further consultation.

Financial abuse linked to violence: CBA, UNSW

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
Commonwealth Bank and the UNSW Generated Violence Research Network (GVRN) partnership commented on findings showing economic and financial abuse is linked to domestic and family violence. Statistics show that one in four women and one in 13 men have ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
KPMG has flagged ESG, tax governance, financial crime, adaptive investment operations and regulatory risks as some of its key considerations for the super sector in 2022. According to KPMG's latest Super Insights 2022 report, last year climate change ...

UK regulator confirms Consumer Duty

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
The Financial Conduct Authority has outlined how a new Consumer Duty will improve customer service across the UK's financial services sector, including ending "rip-off" fees and putting consumers' needs first. The Duty comprises an overarching principle ...

Super fund for women closes

JAMIE WILLIAMSON  |  WEDNESDAY, 27 JUL 2022
... $7.6 million in funds under management when it was closed on May 31. The fund also struggled to get off the ground, taking close to two years to officially open. Initially branded Human Super, the fund was to launch in October 2017 with an offering that ...