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Showing 231 - 240 of 2856 results for "Standards"

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... superannuation trustees, insurers, and bank board's governance requirements. The regulator wants to ratchet up minimum standards for the fitness and propriety of responsible persons, requiring "significant financial institutions" to engage with it ...

NZ council seeks investment manager partner

KARREN VERGARA  |  WEDNESDAY, 12 MAR 2025
... demonstrable "experience and track record as an organisation in delivering services of a similar scale and scope to the quality standards required on time and within budget". The council's total portfolio comprises leasehold property (NZ$103m), development ...

AustralianSuper sued over death benefit delays

JAMIE WILLIAMSON  |  WEDNESDAY, 12 MAR 2025
... the crosshairs of the government. Earlier this year, Treasury announced it would introduce mandatory minimum service standards for all large APRA-regulated funds. These include the timely and compassionate handling of death benefits, fair and efficient ...

Gender parity in financial services an economic imperative

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... sees her income drop by about 55% when she has a baby, and it doesn't recover for about five years. And by global standards, that is one of the biggest motherhood penalties that exists," Dent said. Confidence is key Closing the confidence gap between ...

Beware creep of cancel culture into super fund governance: Lawyer

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... executive Mary Delahunty saying the sector is well aware of its responsibilities in adhering to the highest governance standards, standing ready to work with the regulator. "Australia's superannuation sector manages close to $4.2 trillion of super ...

Super, insurance, and bank boards' 'poor practices' targeted by APRA

ANDREW MCKEAN  |  THURSDAY, 6 MAR 2025
... requirements. The regulator has released eight proposals in what marks the first "significant update" of its governance standards in more than a decade. The regulator said it's looking to raise the minimum standards for the fitness and propriety of responsible ...

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... privacy and therefore risk aversion than we do," Kollo said. Kollo added that it is important for large firms to set clear standards around the usage of AI as adoption amongst individuals is on the rise. "More than 70% of white-collar workers are using ...

Insurance through superannuation stages a comeback

ANDREW MCKEAN  |  TUESDAY, 4 MAR 2025
... be under greater pressure without these levels of cover," Delahunty said. The research paper also noted that service standards have been under the spotlight, particularly the time superannuation funds take to process and pay out insurance benefits. Financial ...

SMA Reporting Standard launches

KARREN VERGARA  |  FRIDAY, 28 FEB 2025
... SMARS advisory chair Jerry Parwada said the rapid growth of the managed accounts sector highlights the need for clear standards and strong collaboration between industry and research. "The standard plays a critical role in ensuring transparency, efficiency ...

Super moves: Qantas Super, VFMC, AusSuper

ELIZABETH FRY  |  THURSDAY, 27 FEB 2025
... contribution to the newly legislated climate risk assessment and reporting per the Australian Sustainability Reporting Standards. The new standards came into effect in January this year. Gaskin was most recently the manager of stewardship at VFMC. Before ...