Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 331 - 340 of 1620 results for "Review of"

The unintended consequences of the performance test

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2022
... performance test is to be reviewed by Treasury following the release of this year's results as part of its wider review of the Your Future, Your Super regime.

ASIC tells super trustees to improve TMDs

ANDREW MCKEAN  |  MONDAY, 29 AUG 2022
... effectiveness of target market determinations (TMD) for their products. The regulator's request follows a sample review of trustee compliance that found some poor practices. ASIC reviewed a sample of 55 TMDs prepared by 27 superannuation trustees ...

ASIC capability review released

CASSANDRA BALDINI  |  FRIDAY, 26 AUG 2022
... still some important opportunities to enhance performance. The FRAA released its report, Effectiveness and Capability Review of the Australian Securities and Investments Commission (ASIC), and assessed the regulator's effectiveness and capability ...

AustralianSuper increases investment fees

ANDREW MCKEAN  |  THURSDAY, 25 AUG 2022
... previous $452. This is still lower than the 1.08% average for MySuper that was recorded in the research house's 2021 review of super fund fees. When directly compared to the MySuper options of similar large funds, Australian Retirement Trust's ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
Treasury has kicked off its review of adviser professional standards with a consultation paper that outlines its proposed new pathway for experienced advisers. The government's position has been that a minimum of 10 years' experience and a clean ...

Remediation bills revealed amid call for levy freeze extension

JAMIE WILLIAMSON  |  WEDNESDAY, 24 AUG 2022
... for ASIC's ongoing actions against them. The levy is currently set at the 2018-19 level of $1142 per adviser. While a review of the industry funding model has been announced, the FPA said it's not confident any changes can be made and implemented in ...

Insignia Financial responds to EQT speculation

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
... confirmed discussions are underway but wouldn't name names. That said, following reports in the Australian Financial Review of a likely sale, EQT entered a trading halt this morning. It said: "Unless ASX decides otherwise, the securities will remain ...

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
... purchased life cover through the now-defunct insurer to come forward. Freedom Insurance went out of business after ASIC's review of the sale of direct life insurance and subsequent Royal Commission hearings uncovered the then-listed insurer's shocking ...

MSC Trustees adds to board

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
... CCIV regime came into effect on July 1. The composition of its board also aligns MSC Trustees to the findings of ASIC's review of responsible entity governance and allows MSC Trustees to disband the separate compliance committee it has previously delegated ...

WA financial services director banned for six years

CHLOE WALKER  |  MONDAY, 15 AUG 2022
... in the financial services industry. Hutchinson has the right to appeal to the Administrative Appeals Tribunal for a review of ASIC's decision.