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Showing 331 - 340 of 1613 results for "Recommended"

Your Future, Your Super on APRA to-do list

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
... implementation. APRA said it is seeking to " improve member outcomes " as well as progress a range of enhancements recommended by its own post-implementation review of the original superannuation prudential framework in 2013. Additionally, APRA will ...

Reference checks should cover all advice: FPA

KARREN VERGARA  |  MONDAY, 1 FEB 2021
... information-sharing regulations like what the Australian Banking Association has in place (Recommendation 2.7). It was also recommended that advisers are bound by the same obligations as mortgage brokers (Recommendation 1.6). Commissioner Kenneth Hayne ...

PPS Mutual hires from BT

ANNABELLE DICKSON  |  MONDAY, 1 FEB 2021
... with stakeholders and advisers. "Sophie has a well-known reputation for care and diligence, and she has been highly recommended by many in the advice community. I am thrilled that Sophie has agreed to join the PPS Mutual family," Walmsley said. The appointment ...

HUB24 finds new role for Paragem lead

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
... ordinary shares of Easton held shareholders other than HUB24. The price was set at $1.20 per share and was unanimously recommended by Easton's board. In addition, HUB24 would also have the right to appoint two nominee directors to Easton's board. ...

Reporting rules for charities relaxed

KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
... still have to publish an annual information sheet. The relaxation of reporting thresholds for smaller charities was recommended by a 2018 review of the charity regulator Australian Charities and Not-for-Profits Commission's legislation. It said the regulatory ...

Design, distribution obligations guide released

KARREN VERGARA  |  FRIDAY, 11 DEC 2020
... Chester said. She added that the new obligations are a "game changer" for the industry. The Financial System Inquiry recommended the obligations in 2014, finding that disclosure alone is unlikely to correct the effect of broader market structures and ...

Damning Rio report to shake mining industry

ELIZABETH MCARTHUR  |  THURSDAY, 10 DEC 2020
The damning report into Rio Tinto's destruction of the Juukan Gorge sacred sites has recommended mining companies completely change the way they do business, with super funds invested in miners already welcoming the findings. On 24 May 2020, Rio Tinto ...

ASIC takes SMSF accountant to court

ANNABELLE DICKSON  |  TUESDAY, 24 NOV 2020
... their personal circumstances. The regulator found that Thorne did not adequately stress-test SMSF strategies and had recommended SMSFs to some of her clients despite inadequate evidence to suggest that the strategies would provide increased retirement ...

Why has ASIC still not got a chief executive?

KANIKA SOOD  |  THURSDAY, 19 NOV 2020
... executive equivalent role, despite a previous report's recommendation to do so. David Murray's Financial System Inquiry recommended the financial regulators undergo periodic capability reviews. As a part of this, ASIC's capability review in 2015 was ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...