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Showing 171 - 180 of 566 results for "ProActive"

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... considered. The FSC therefore recommends that ASIC introduces minimum capital requirements for advice licensees and takes proactive oversight of professional indemnity insurance (PI) held by licensees. FSC chief executive Sally Loane said: "For the CSLR ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
Last year many superannuation funds revalued their unlisted assets during lockdowns. Now APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
Ahead of the results of the inaugural Your Future, Your Super performance test, the chief executive of Maritime Super has aired concerns over the implications of communicating with members where their fund has underperformed, particularly where that ...

NAB fined $18.5m over misleading fee disclosure

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
... part because she did not believe NAB committed some of the contraventions knowingly or recklessly. NAB has also taken proactive steps to fix the issues and cooperated with ASIC, she said, "albeit they were insufficient and could perhaps have been implemented ...

Pandemic stokes investor appetite

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... investment in managed funds," Calastone head of Australia and New Zealand Ross Fox said. "Investors adopting a more proactive and opportunistic approach is also evident in the flow of funds that we continue to see across our network, with A$10.2 billion ...

Super, fund manager ASX dominance launches inquiry

KARREN VERGARA  |  MONDAY, 2 AUG 2021
... in the last decade. "As investors acting in the best financial interests of their members, superannuation funds are proactive in holding corporate Australia to account and in ensuring strong and effective governance," he said. "The last 18 months has ...

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
The corporate regulator is urging TPDinsurance providers to act on gaps in their processes by improving data capabilities after previously flagging concerns including declining claim rates, withdrawn claims and poor claims-processing times. ASIC's Report ...

Lifespan appoints compliance lead

KARREN VERGARA  |  MONDAY, 12 JUL 2021
... the appointment reflects the company's commitment to meet the ongoing support needs of its advice community and is a proactive response to evolving legislative requirements. "Adrian is a safe pair of hands and will be a reliable source of knowledge for ...

Super funds hunt for co-investment deals

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
Superannuation funds' appetite for alternative investments, particularly private equity and infrastructure, is heating up, new research shows. Joint research by Preqin and the Australian Investment Council reveal super funds are on the hunt for ...

APRA extends IDII overhaul deadline

KARREN VERGARA  |  THURSDAY, 13 MAY 2021
APRA has given life insurers another year to have the policy contract term measure for individual disability income insurance (IDII) in full force by 1 October 2022. The prudential regulator has acknowledged the challenges life insurers are facing ...