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Showing 271 - 280 of 1222 results for "Licensees"

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... as a material investment risk to be considered at both the idiosyncratic and market-wide level". Under SPS 530, RSE licensees must manage and monitor all identified sources of investment risk and APRA said it is of the view that this includes ESG considerations. ...

Draft changes to super disclosure rules

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
... industrial bodies. However, regulations will ensure that with the repeal of the requirements to disclose itemised lists, RSE licensees will still be required to disclose an aggregate figure for the aforementioned categories. Helping to clarify the new ...

ASIC takes Lanterne Fund Services to court

ANDREW MCKEAN  |  THURSDAY, 7 JUL 2022
... necessary to ensure that financial services were provided efficiently, honestly and fairly. "ASIC expects all wholesale licensees to reduce risk by ensuring their businesses develop, implement and maintain robust risk and compliance procedures," Court ...

AMP wants life insurance caps raised, fees lowered

CASSANDRA BALDINI  |  MONDAY, 27 JUN 2022
... Planning Association (FPA), the Association of Financial Advisers (AFA), the Financial Services Council (FSC) and other licensees to find common ground and create a united voice."

Centrepoint says Diverger offer overlooks strategic value

JAMIE WILLIAMSON  |  MONDAY, 27 JUN 2022
... Centrepoint noted its extensive adviser network, acquisition of ClearView's advice business and growth in a time when other licensees have shrunk. "Industry consolidation is a key theme that Centrepoint has pursued over the past 24 months and Centrepoint ...

Government commits to Quality of Advice Review in current form

JAMIE WILLIAMSON  |  FRIDAY, 24 JUN 2022
... The Quality of Advice Review received 130 submissions from industry stakeholders including associations, super funds, licensees, technology providers, life insurers and consumer groups. Of the submissions, 18 are confidential. The final report from the ...

ASIC releases CCIV guidelines

CASSANDRA BALDINI  |  FRIDAY, 24 JUN 2022
... applications for corporate directors, insurance arrangements for corporate directors, and financial resource requirements for licensees that are corporate directors and responsible entities". ASIC said it will now accept re-lodgment of certain proof ...

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... available mechanism to obtain certainty or alternatively to have a regular forum between ASIC, the associations and licensees to resolve matters of regulatory uncertainty. We would also recommend a forum to assist the compliance consulting community ...

APRA sheds light on YFYS Performance Test

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... cant hold a product that fails the performance test for a second consecutive year, until a future test is passed. "RSE licensees are expected to have administrative processes in place to ensure they comply with their legislative obligation to prevent ...

Padua appoints head of technical advice

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
... expansion in the financial advice market. "We are seeing significant interest from financial planning practices and licensees for our software, services, research and data and these two new appointments are key steps in our long-term growth strategy," ...