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| | | Only a handful of product issuers are monitoring consumer outcomes and product performance, while others are relying too much on consumers to self-certify they fit a target market, an ASIC review into compliance with design and distribution obligations ... |
| | | | The Westpac board has promoted Anthony Miller to managing director and chief executive for the group, effective December 16. He will succeed Peter King, who is retiring after a five-year stint as chief executive and a total of three decades at the bank. ... |
| | | | ASIC reported a 62% pass rate for the latest sitting of the Financial Advisers Exam. In the August cycle, 231 candidates sat the exam and 143 passed. Nearly three quarters (73%) sat the exam for the first time. The results were similar to the April ... |
| | | | Super funds are falling short of millennial members' expectations, according to financial experts at an ASIC roundtable. The roundtable panellists, which included financial adviser Andrew Dunbar, She's on the Money podcast host Victoria Devine ... |
| | | | Financial Standard is proud to be a finalist in the inaugural Impact Awards, nominated for Financial Services Publication of the Year. Established by Activam Group, the Impact Awards aim to "highlight those who make a meaningful difference by encouraging ... |
| | | | On September 1, South Africa's new pensions system will be introduced, allowing individuals to access some of their retirement savings in times of need. Earlier this year, the government of South Africa passed the Revenue Laws Amendment Bill of ... |
| | | | ASX-listed real estate fund manager 360 Capital (TGP) flagged it turned its operations around in the 2024 financial year and hopes that it will be even more sustainable as the bottom of commercial real estate nears. The group made a statutory net profit ... |
| | | | US Federal Reserve chair Jerome Powell has declared that inflation is on a sustainable path back to the 2% target and the "time has come" to start cutting interest rates. Powell spoke to global central bankers, policymakers, economists, and academics ... |
| | | | MA Financial has announced two new agreements - with each deal worth up to $1 billion - to expand its real estate investment options for institutional investors, including introducing an Australian-first program. A collaboration with Warburg Pincus ... |
| | | | UK regulators have proposed rules for a new 'Value for Money' framework for default workplace defined contribution pension schemes, which has been likened to an "evolved version" of the APRA performance test. The joint framework, developed by the Financial ... |
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