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Showing 271 - 280 of 1507 results for "Assessment"

The most powerful driver of risk culture in super: KPMG

ANDREW MCKEAN  |  MONDAY, 12 DEC 2022
According to a KPMG risk management trends in superannuation report, governance is believed to be the most powerful driver of risk culture in super, but some frameworks have deficiencies. KPMG said funds have established a risk culture framework which ...

CBA increases Countplus indemnity to $520m

ANDREW MCKEAN  |  THURSDAY, 8 DEC 2022
Commonwealth Bank of Australia (CBA) has increased the limit of indemnity provided to Countplus, from $300 million to $520 million. CBA said the purpose of the increased limit was to cover certain remediation activities that were identified at the time ...

Super fund board renewals need work: APRA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
... tenure can block openness to new ideas and different ways of doing things. It is often a barrier to an unvarnished assessment of culture," Cole said. She said many boards have resolved tenure issues following engagement with the regulator, but there ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
... industry webinars," he said. "Risk management requires appropriate systems, processes, and frameworks. Too many risk assessment reports APRA reads, however, only review design effectiveness. We also want to see a focus on operating effectiveness." Bingham ...

YFYS manipulation leaves members worse off: ISA

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
... easy-to-understand dollar values rather than percentage points," ISA said. ISA deputy chief executive Matt Linden commented: "This assessment has allowed too many dud funds to bend the rules, so they pass, leaving their members with the same lousy returns ...

MLC Life updates retail insurance product range

CASSANDRA BALDINI  |  MONDAY, 31 OCT 2022
... ensure a greater portion of their earnings. For Income Assure+, MLC Life Insurance said it will use an "own occupation" assessment for clients with a five-year benefit period for the duration of the claim. These upgrades are in addition to other Income ...

Insurance, retirement product excellence recognised

CHLOE WALKER  |  FRIDAY, 28 OCT 2022
... celebrate achievements in product design and innovation across life insurance, investment and retirement solutions. The assessment for the awards is based on an independent, objective and transparent research process conducted by Plan For Life Actuaries ...

Plans afoot to narrow gender pay gap

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
The government has announced a suite of measures aimed at narrowing the gender pay gap, including requiring the Fair Work Commission to consider gender equity when formulating minimum wages. According to Budget documents, this year marks the first that ...

Aura Group launches multi-asset solution

JAMIE WILLIAMSON  |  FRIDAY, 21 OCT 2022
... for a multi-asset portfolio, taking an active approach to asset allocation using both quantitative and qualitative assessment." The fund targets a total net return of CPI plus 2.5% over rolling five-year periods and is managed by Aura director and portfolio ...

Choice performance test pause in members' best interests: Chant West

CASSANDRA BALDINI  |  FRIDAY, 14 OCT 2022
... that diversification is so critical," he commented. In addition, Fryer said many Choice products are ill-suited to assessment using the standard benchmarks and believed it would be better to come up with a test that caters to the full breadth of choice ...