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Showing 11 - 20 of 135 results for %22Council of Financial Regulators%22

Government introduces FAR, CSLR Bills

ANDREW MCKEAN  |  WEDNESDAY, 8 MAR 2023
... deed of company arrangement that would see them receiving as little as 3.1 cents on the dollar. The Financial Services Council (FSC) welcomed the introduction of the CSLR and FAR legislation into Parliament as a positive step towards the implementation ...

Expect more greenwashing action: ASIC

RACHEL ALEMBAKIS  |  FRIDAY, 3 MAR 2023
... On the subject of climate-related disclosure standards, Longo noted that ASIC is working with Treasury and peers on the Council of Financial Regulators as well as contributing to the ISSB standards through their role in IOSCO. "ASIC has for many years ...

ART appoints new board, investment committee members

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
... appointed as a director of the ART board. Apelt is currently chair of Opera Queensland and a member of the Griffith University Council. Previously, Apelt served as a director on the QSuper board of trustees from and as director-general of the Departments ...

Ending the super wars: Government acts to legislate an objective

ANDREW MCKEAN  |  MONDAY, 20 FEB 2023
... retirement savings, and promoting equitable outcomes for women and low-income earners, Fahy added. The Financial Services Council (FSC) also welcomed the government's consultation on a proposed definition and objective for the super system. FSC chief ...

Evidence of poor LRBA advice: Report

ANDREW MCKEAN  |  THURSDAY, 17 NOV 2022
A second Council of Financial Regulators (CFR) report, Leverage and Risk in the Superannuation System, says there continues to be evidence of individuals receiving advice regarding the use of limited recourse borrowing arrangements (LRBAs) that could ...

CALI backed by industry

CASSANDRA BALDINI  |  MONDAY, 7 NOV 2022
The Council of Australian Life Insurers (CALI) has been backed by the industry with 19 life insurers and reinsurers joining its membership. CALI's membership now represents 99% of the life insurance industry and 100% of the reinsurance industry in Australia. ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
... industry mechanisms to report fraudulent transactions, such as fraud information exchanges," Treasury said. In addition, the Council of Financial Regulators' cybersecurity working group will examine and report on options to further improve the ability ...

CALI progressing well: Mu

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
The Council of Australian Life Insurance (CALI) has said a full board will be announced soon, with appointments already made. AIA Australia chief executive and managing director Damien Mu provided an update at the Association of Financial Advisers (AFA) ...

Inconsistencies across RIC strategies: Mercer

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
... definitions provisioned for the inclusion of additional sources of income. For example, super assets held with other funds, financial assets held outside super and other income including spouse's income. "It raises the question of how these funds will ...

Initial review of RIC strategies underway

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... retirement income strategies, with a view to publishing its findings later this year. In a speech to the Financial Services Council's Policy Briefing, APRA member Margaret Cole said the regulators will release details and observations later this year ...