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Showing 211 - 220 of 1297 results for "Request"

APRA defers CPS 230 introduction

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
... the standard's requirements applying from the earlier of the next contract renewal or 1 July 2026. The changes follow a request from stakeholders during consultation for more time to prepare. CPS 230 is intended to replace five existing standards: Prudential ...

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
The investment manager has limited redemption requests from its $103 billion (US$70 billion) real estate income trust following a rise in redemption requests in March. During a month of "tremendous market volatility" and "broad-based financial stress," ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
Following a series of successor fund transfers, the Aracon Superannuation Fund is set to be wound up. Spread across four divisions - ARA Retirement Fund, Xplore Super and Pension, Oracle Superannuation Plan, and Elevate Super - Aracon Super holds $590 ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
A former AMP representative, who falsified information when providing superannuation and insurance advice, has pleaded guilty to three charges of dishonest conduct and is due to be sentenced. David Fong, who operated Fong Financial Planners, pleaded ...

Regulators prioritise emerging areas of risk

CASSANDRA BALDINI  |  WEDNESDAY, 22 MAR 2023
... important that you consider what you're doing when you're doing roll over requests to make sure you know it is a valid request." Press explained a major ASIC update is the release of its insurance in superannuation: Industry progress on delivering ...

Menopause: The silent economic crisis

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2023
For most of us, women's reproductive concerns remain taboo in the workplace. However, with menopause estimated to be robbing women of at least $17 billion in retirement, calls for mandated menopause leave are growing. It's commonly accepted ...

New relief for reissued life policies

KARREN VERGARA  |  MONDAY, 20 MAR 2023
... administrative error or reinstate a lapsed policy, ASIC said. To qualify for the relief, the policy must be reissued at the request of the policyholder (except where it's reissued to correct an administrative error); be reissued on the same terms and ...

Advice complaints decelerate: AFCA

KARREN VERGARA  |  WEDNESDAY, 8 MAR 2023
... I understand it, the proposal is that you don't necessarily need to provide the documentation unless there's a request for it later on," he said. "Obviously if something goes wrong and it goes to AFCA, then we'll need to look at what happened ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... to the scope, content and nature, and the likely relevant circumstances. The advice must also be given in response to a request, question or inquiry from the client, the purpose of the client that the provider is aware of or should reasonably be aware ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Crypto asset licensing and custody reforms by the government are targeting subsets outside the financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said ...