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Showing 291 - 300 of 1584 results for "Light"

APRA to weed out underperforming choice products

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
... sector's complexity, variety and sheer volume of options have helped to shield poorer performers from scrutiny. "By shining a light on choice products that are failing to deliver quality, value-for-money outcomes, APRA expects to see the same types ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
The landmark Better Advice Bill, which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... broader audience of Australia's retail investors." Pinnacle head of retail Ramsin Jajoo said the partnership made sense in light of regulatory change in the industry, and pressures on the financial advice sector. "With the introduction of increased regulation ...

IOOF to adopt new name, brand

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
The 175-year-old wealth giant is set to rebrand in what chief executive Renato Mota calls an evolution, not a revolution. As part of its ongoing transformation and following a strategic review, IOOF will rebrand to Insignia Financial before the end ...

Christian Super enhances insurance offering

JAMIE WILLIAMSON  |  TUESDAY, 19 OCT 2021
... several changes Christian Super is making, with another being the recategorisation of occupational groups. From November, the 'light blue collar' and 'heavy blue collar' categories will be merged into a single 'blue collar' group, similar to how many ...

ASIC eyes employee super fund choice

KARREN VERGARA  |  MONDAY, 18 OCT 2021
... she said. "Trustees should be checking if the way they seek to attract and retain employees as members is appropriate, in light of changes to the law and other relevant obligations." ASIC also updated Information Sheet 241: Prohibition on influencing ...

Regulation, industry to curb greenwashing

ANNABELLE DICKSON  |  THURSDAY, 7 OCT 2021
... required over the next two decades alongside strong fiscal policies and regulation to facilitate the transition to net zero. In light of this, the IMF believes there needs to be better classification systems for funds to help summarise the strategy and ...

Aussies stick with DIY advice

KARREN VERGARA  |  TUESDAY, 5 OCT 2021
... platforms. Those aged 50 to 65 were the most likely to say their engagement was unchanged. The FPA released the findings in light of the 21st Financial Planning Week in Australia, which runs from October 4-9. FPA chief executive Dante De Gori said that ...

MetLife enhances mental health policy

KARREN VERGARA  |  FRIDAY, 1 OCT 2021
MetLife Australia unveiled a mental health strategy for its employees in light of Mental Health Month. MetLife will create a resource hub that includes content from the Black Dog Institute and its own 360Health program. As part of the initiative, it ...

Spaceship hikes Voyager fees

ANNABELLE DICKSON  |  THURSDAY, 30 SEP 2021
The micro-investing app is introducing a flat management fee to replace its current percentage-based fee structure, despite its chief executive previously saying there were no plans to increase fees. From November 1, customers invested in a Spaceship ...