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Showing 2231 - 2240 of 12406 results for "Focus"

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... financial product advice. "RSE licensees seeking to avoid providing personal financial advice to their members should therefore focus on the way they communicate about financial products, particularly as the test for personal financial advice can be ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... "advise on significant strategic clearing and settlement issues relating to cash equities trading in Australian markets with a focus on CHESS replacement." The roundtable is expected to be hosted in August and chaired by ASIC chair Joe Longo, who will ...

KPMG recommends gender-focused super reforms

ANDREW MCKEAN  |  MONDAY, 17 JUL 2023
KPMG has proposed superannuation reforms targeted at home carers and recipients of paid parental leave to help close the gender gap. The KPMG Towards Gender Equity in Retirement report recommended the government consider adding superannuation contributions ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023
... greenwashing conduct crosses regulatory boundaries, citing work with ASIC in monitoring and combatting greenwashing. "The ACCC will focus on consumer facing products and services, whereas ASIC is primarily responsible for financial products and financial ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... reinsurance team in Australia and New Zealand." 'It's been a lot of fun." Speaking on the life industry, Watson said a focus on customer and member outcomes is paramount but needs to be provided so that life companies make money over the medium/long ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
The Financial Regulator Assessment Authority (FRAA) has affirmed the effectiveness of APRA in superannuation supervision, while identifying underdevelopment in the regulator's resolution function. The FRAA tabled five recommendations for APRA to enhance ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
... acknowledged Australians are still doing it tough. "The government knows that Australians are under the pump right now, the primary focus of this government is the cost of living pressures that people confront," he said. "We take responsibility for our ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
Reserve Bank of Australia (RBA) governor Philip Lowe has announced significant changes that will be implemented by the central bank in response to the recent review of its processes. In what is potentially his last speech as governor, Lowe explained ...

European pension fund hands MaxCap $200m

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... Australia, establishes a new partnership with the group. Further, the undisclosed investor clarified their rationale for shifting focus towards Australia, citing its prominence within the Asia Pacific market as a main driver. "The Asia Pacific region ...

Federated Hermes secures $486m for private equity fund

ANDREW MCKEAN  |  WEDNESDAY, 12 JUL 2023
Federated Hermes has closed its fifth private equity co-investment fund (PEC V), exceeding its initial fundraising target by a substantial margin. The fund, which was launched in December 2021 with a target of $400 million, closed last month with a ...