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Showing 201 - 210 of 1825 results for "Monitor"

APRA questioned on super performance test

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
APRA has been questioned by the House of Representatives around how it monitors superannuation fund performance and whether there should be more focus on fees over returns. Independent MP Allegra Spender questioned APRA deputy chair Margaret Cole on ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
The prudential regulator is clamping down harder on super trustees' spending, saying it has identified "deficient" and "questionable" practices among funds. APRA deputy chair Margaret Cole has informed all RSE licensees that it will be intensifying ...

ASIC crackdown: Action taken against 13 SMSF auditors

ELIZA BAVIN  |  WEDNESDAY, 2 OCT 2024
During the first half of 2024, ASIC acted against the registration of 13 approved self-managed superannuation fund (SMSF) auditors. ASIC's concerns covered a range of topics, including breaches of auditing and assurance standards, independence requirements ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... hiking rates post-pandemic, and now appears likely to be among the last to begin easing. "While the RBA will continue to monitor global trends, particularly the actions of the US Federal Reserve, it's clear Australia is not moving in lockstep." HSBC ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... numerous shortcomings. Among other things, ASIC found many issuers have limited due diligence arrangements to assess and monitor third-party distributors, poor quality suitability questionnaires, and do very little monitoring of consumer outcomes and ...

Reforms needed to boost engagement: ASFA

MATTHEW WAI  |  MONDAY, 23 SEP 2024
Research from the Association of Superannuation Funds of Australia (ASFA) shows only half of all adult Australians have consulted any source of information on preparing for retirement. The group says Tranche 2 of Delivering Better Financial Outcomes ...

ASIC, RBA handed new financial market infrastructure powers

ANDREW MCKEAN  |  FRIDAY, 20 SEP 2024
... Royal Assent earlier this week, aims to strengthen the existing regulatory regime, giving the regulators the authority to monitor, manage, and respond to risks related to financial market infrastructures - the key entities that enable, facilitate, and ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
... for members of the community. This valuable technology supports medical practitioners to prevent, diagnose, treat, and monitor a range of heritable conditions, cancer predisposition syndromes, and cancers," minister for financial services Stephen Jones ...

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
Only a handful of product issuers are monitoring consumer outcomes and product performance, while others are relying too much on consumers to self-certify they fit a target market, an ASIC review into compliance with design and distribution obligations ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Colonial First State (CFS) is reviewing its mandate with Ironbark Asset Management, which recently decided to sever ties with Royal London Asset Management (RLAM), whose former investment team left to set up a new Pinnacle Investment Management affiliate. ...