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Showing 341 - 350 of 2805 results for "Regulation"

'Critical shortcomings' demand urgent action from trustees: APRA

ANDREW MCKEAN  |  TUESDAY, 31 OCT 2023
APRA deputy chair Margaret Cole has sounded the alarm on gaps in superannuation trustees' plans to assist the "tidal wave of fund members" heading toward retirement. At the Australian Financial Review's Super and Wealth Summit today, Cole outlined ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
Life insurers and superannuation funds continue to pin systemic issues on administrative and legacy systems that have drawn customer complaints and, in some cases, led to large compensation payouts, according to the Australian Financial Complaints Authority ...

GCI establishes real estate arm

CHLOE WALKER  |  THURSDAY, 19 OCT 2023
... added that Stone's appointment comes amid ongoing demand for private credit in Australia, driven by increased banking regulation and a desire by growing businesses to secure flexible, pragmatic financing solutions. "Combining David's real estate experience ...

Crypto exchanges to obey financial services rulebook

ANDREW MCKEAN  |  MONDAY, 16 OCT 2023
... robust regulatory framework." However, Kraken Australia managing director Jonathon Miller outlined concern regarding the regulation potentially ignoring nuances of technology like NFTs. "I'm hopeful that we can work collaboratively with the government ...

I can only apologise: PwC boss

CASSANDRA BALDINI  |  THURSDAY, 12 OCT 2023
... and whether we've acted on." However, Peacock refuted his remarks and said the firm's voluntary offer of self-regulation and the suite of proposals have no teeth. "They offer no transparency, and none of the obligations that exist for the hundreds ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
... The booming sector doesn't come without risk and the watchful eye of APRA, particularly as it is subject to lighter regulation. "It is important to note, however, that if non-bank lending in Australia were to pose a risk to financial stability, APRA ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... across private markets over time, particularly in light of the changing banking landscape," the note read. Tighter regulation requires banks to have more capital and hold more liquidity, PIMCO said, adding that their liquidity-intermediation capacity ...

Future Fund slapped with new disclosure rules

ANDREW MCKEAN  |  WEDNESDAY, 4 OCT 2023
The Future Fund Board of Guardians will be forced to periodically disclose the investment holdings of the $250 billion sovereign wealth fund. Under the new reporting regime introduced by minister for finance Katy Gallagher, additional information must ...

GESB debuts first sustainable option

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2023
The West Australian scheme is now offering members a dedicated ESG option, managed by Pendal. The Sustainable Balanced investment plan was made available to members of GESB Super, West State Super and Retirement Income Allocated Pension members on September ...

Rainmaker names ESG leader super funds

RACHEL ALEMBAKIS  |  FRIDAY, 29 SEP 2023
... to implementing environmental, sustainability and governance principles into their investment practices. But greater regulation and higher stakeholder expectations means that more is expected from Australia's super funds than ever before." Dunnin ...