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Showing 301 - 310 of 2805 results for "Regulation"

Why aged care advice needs tougher regulation

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
The lack of regulation around aged care advice has led to superficial and often conflicted advice, that can put older Australians at risk of elder abuse, according to Aged Care Steps, which is rallying for tougher protections and laws. Aged Care Steps ...

Why fund managers are missing out on investment mandates

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
New research from Ocorian and Newgate Compliance found alternative fund managers are losing investment mandates or clients because of compliance issues. The research also revealed there had been an increased level of internal conflict between fund management ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... insurance companies and pension funds may be forced to sell more liquid assets." The IMF has called for more vigilant regulation to monitor and assess risks in the private credit market. "Authorities should consider a more active supervisory and regulatory ...

Super advice fee deductions compound red tape: JAWG

KARREN VERGARA  |  MONDAY, 8 APR 2024
... adviser from the member's superannuation account and ensure that such fees are not taxable benefits for members. The regulation mandates that the financial product advice "must be personal advice that is wholly or partly about the member's interest ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Heartland Group Holdings has announced it received indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said ...

Fund managers prepare for harsher penalties

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... capital and real estate firms revealed 79% were expecting the overall value of fines issued in their sectors for breaking regulation would increase, with 18% expecting a dramatic rise. Furthermore, 86% said their organisations were preparing or budgeting ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... and enter retirement," Symons, who joined in April 2023, said. "As the super sector continues to experience increased regulation, consolidation and competition, being able to effectively provide meaningful member services and benefits through a genuine ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... Millennials. Caleb & Brown chief executive Jackson Zeng said widespread crypto adoption is an inevitability and as such more regulation is required. Enhanced protection of banking and payments infrastructure for crypto companies and encouraging banks ...

ACNC tightens screws on NFPs with complex corporate structures

JAMIE WILLIAMSON  |  THURSDAY, 21 MAR 2024
The Australian Charities and Not-for-profits Commission (ACNC) announced it will focus on the misuse of complex corporate structures this year. ACNC commissioner Sue Woodward said the commission is "becoming increasingly concerned about the misuse of ...

ART adds heavyweights to board

ELIZABETH FRY  |  THURSDAY, 21 MAR 2024
... second-largest asset owner early next month. Rowell brings over 20 years of experience at the Australian Prudential Regulation Authority, including 10 years as deputy chair looking after superannuation and insurance before stepping down last year. For ...