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Showing 221 - 230 of 378 results for "Safeguard"

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... close to retirement you might be far more concerned with how your fund is managing the risks of a market downturn to safeguard your retirement savings. The heat maps don't reflect that," Loane said. "The heat map doesn't tell you how your super ...

FSC hails super choice amendments

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... determinations made on or after July 1 2020, should the bill pass in its current form. Loane said it was fundamental to safeguard the right of workers to choose their own default super fund, but said there was more to be done to ensure the default system ...

ASIC zeroes in on SMSF auditors

HARRISON WORLEY  |  WEDNESDAY, 6 NOV 2019
ASIC has taken action against three SMSF auditors for breaches and deficiencies in their auditing. The corporate regulator disqualified a pair of SMSF auditors and imposed conditions on another, after it found the auditors to be deficient across a range ...

NPP chair breaks down rollout

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
... in bringing the NPP to life, catalysing initial discussions and ensuring the necessary momentum - and pressure - to safeguard a return on the very significant investment made by the initial 12 Participants, as well as providing Australians access to ...

ASIC approves AMP for MDAs

HARRISON WORLEY  |  TUESDAY, 9 APR 2019
ASIC granted AMP Financial Planning approval to deal in managed discretionary accounts. ASIC said it imposed additional license conditions on AMP Financial Planning as a result of approving AMPFP's application to vary its license to provide MDAs. ...

APRA receives new super powers

KARREN VERGARA  |  FRIDAY, 5 APR 2019
... be forced to merge or exit the industry, she warned. Assistant Treasurer Stuart Robert said the legislation will help safeguard the retirement savings of millions of Australians and ensure that APRA can take effective action, including addressing underperformance ...

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
... decision was driven by IOOF's failure to put governance and conflicts of interest management arrangements in place to safeguard super members. Also in January, ANZ revised its wealth sale agreement with IOOF following APRAs regulatory action. IOOF is ...

Government carves out super deal

HARRISON WORLEY  |  FRIDAY, 15 FEB 2019
The Government's signature superannuation legislation passed through the Senate, but not without victims. Last night the Treasury Laws Amendment (Protecting Your Superannuation Package) Bill 2018 passed the Senate after a deal was struck with the Greens ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
Insurers will find it tougher to dodge paying out claims if the Royal Commission's recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions ...

Australian Ethical divests IOOF

KARREN VERGARA  |  FRIDAY, 18 JAN 2019
... the decision was driven by IOOF's failure to put governance and conflicts management arrangements into place to safeguard the interests of superannuation members over a long period. "As a result, we have decided to divest from the company for breaching ...