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Showing 221 - 230 of 1507 results for "Assessment"

Consultation opens on NALI reforms

ANDREW MCKEAN  |  TUESDAY, 20 JUN 2023
... seeks to refine the NALI provisions announced in the 2023-24 Budget. The bill contains amendments to the Income Tax Assessment Act 1997 which limits the application of the non-arm's length expense (NALE) rules to SMSFs and SAFs. Under the current law ...

Bank of England launches first system- wide stress test

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
... This will "include the system-wide findings, implications for the SWES markets of focus, and any conclusions for [our] assessment of risks to UK financial stability."

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... HESTA's default option Balanced Growth's holdings, a spokesperson said. The super fund does include methane in its assessment of greenhouse gas emissions of its portfolio holdings. In 2022 the fund faced pressure from healthcare worker members ...

FRAA releases draft APRA, ASIC metrics

KARREN VERGARA  |  FRIDAY, 16 JUN 2023
... metrics it will use to measure the regulators against and is asking for industry feedback. The Financial Regulator Assessment Authority (FRAA) has released the Draft Financial System and Regulator Metrics Framework, which are now open to industry consultation. ...

Federal Reserve holds rates steady

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
Despite persistently high inflation, the Federal Reserve has chosen to keep the current target range for the federal funds rate at 5-5.25%. The Federal Open Market Committee (FOMC) opted to hold the funds rate steady, citing the need to assess additional ...

King's birthday honours for industry executives

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... with several receiving an Order of Australia. This year, former Macquarie managing director and Financial Regulator Assessment Authority chair Nicholas Moore was appointed an officer of the order of Australia (AO). Moore has served as the federal government's ...

ASIC issues first-of-its-kind stop order

CASSANDRA BALDINI  |  MONDAY, 5 JUN 2023
... Mitrade's steps to reduce the likelihood of distribution conduct being inconsistent with the TMD included inadequate assessment of whether retail investors were likely to be in the target market for the CFDs, in the questionnaire or otherwise," it added. ...

No longer an accumulation game: ART

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... allocate to the product. "Given that innovative retirement income streams is still a new space, the product comparability assessment is still developing," Spragg noted. "When you view it within the lens of the Retirement Income Covenant (RIC), when we're ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
... wondered if customers nowadays are more empowered to make informed decisions. "If the customer cannot make any independent assessment of fitness for purpose and cannot make any useful price comparison, the customer makes the choice to accept or reject ...

AFCA outlines systemic issues in wealth management

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
The Australian Financial Complaints Authority (AFCA) has shed light on what it considers systemic shortcomings in the superannuation, investment, and financial advice industries. The AFCA Systemic Issues Insights report identified multiple instances ...