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Showing 291 - 300 of 1533 results for "Assessment"

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... process. These commitments include helping members to complete the claims form and providing an initial eligibility assessment, only requesting relevant information from life insurers during the claims assessment process and, proactively overseeing the ...

AAT overturns ban on former Spaceship chair

CHLOE WALKER  |  MONDAY, 9 JAN 2023
The Administrative Appeals Tribunal (AAT) has overturned the two-year ban placed on former Spaceship Capital director, chair and responsible manager Paul Dortkamp. ASIC handed Dortkamp the ban in June 2022 following an investigation that found he failed ...

Super heatmap findings garner mixed responses

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... questioned the performance evaluation methodology. Rainmaker Information executive director Alex Dunnin said heatmap assessment models may not be as useful as many industry observers once thought. "APRA's heatmaps are still struggling to come to ...

Gender diversity in investment management slightly improving: Report

CHLOE WALKER  |  FRIDAY, 16 DEC 2022
... recommended practice for Australian employers who care about reducing the gender pay gap, as it allows a more informed assessment of disparities and potential biases in practice," McLaughlin said. "Fostering greater openness about pay is also a positive ...

More alpha gains through ops

ELIZABETH FRY  |  TUESDAY, 13 DEC 2022
... they understand the ongoing cost of internal investing at best practice." Leaper's view is that the industry's assessment of this has been challenging given the rapidly changing and evolving landscape. "You've got to look at the entire benefit ...

PPS Mutual unveils new income protection product

CASSANDRA BALDINI  |  TUESDAY, 13 DEC 2022
... are assessed against any professional occupation. Those with two and five-year benefit periods benefits will get an assessment throughout the claim. PPS Mutual said members will also have an optional booster benefit of up to 84% for the first six months ...

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 ...