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Showing 351 - 360 of 580 results for "Scrutiny"

Former industry fund CEO moves to AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
... firms, as well as expert roles at Transfield and Goodman Fielder. The appointment comes at a time when AMP has faced much scrutiny over its Royal Commission appearances, including several proposed class actions. In September 2017, LGS announced Lambert's ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
... Will the non-aligned advice space be strengthened by the findings? Or will the vertically integrated model withstand the scrutiny? It remains to be seen what the outcome will be, but one thing is certain - there are many advisers willing to fight for ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... rationalisation of legacy products, and an opt-out basis for group superannuation. AFA chief executive Philip Kewin said the scrutiny and increasing cost to provide advice is "threatening the very existence" of the advice profession. "If the costs and ...

SMSF tool receives industry tick

HARRISON WORLEY  |  MONDAY, 9 APR 2018
... legitimate purposes." In the bulletin the ATO also mentions it will continue to monitor reserve use by SMSFs, and close scrutiny will be applied to unexplained increases in the creation of new reserves, as well as increases in the balances of existing ...

ABA makes new code compulsory

KANIKA SOOD  |  MONDAY, 26 MAR 2018
... the force of law. ABA's move comes as the financial services industry tries to regain customers' trust and faces the scrutiny of a Royal Commission. Last week, Financial Services Institute of Australasia (FINSIA) called for one industry-wide code to ...

Most investors shun credit ratings: Poll

KARREN VERGARA  |  MONDAY, 26 FEB 2018
... play is "very important" or "important." Since the global financial crisis, credit rating agencies have come under close scrutiny. When rating agencies are meant to provide investors with reliable information on the riskiness of debt, they have instead ...

FSC launches asset manager governance regime

ALEX BURKE  |  FRIDAY, 16 FEB 2018
In response to ongoing scrutiny into the internal governance standards of Australia's asset management industry, the Financial Services Council has commenced its Principles of Internal Governance and Asset Stewardship regime. The FSC heralded the regime ...

Suncorp reviews options for life insurance business

KARREN VERGARA  |  THURSDAY, 15 FEB 2018
... director's report said. It noted new business volumes were impacted by ongoing industry disruption and heightened regulatory scrutiny. In-force premium rose by 0.9% from growth in retail and direct channels due to stepped age and CPI increases. The wealth ...

Institutions urged to overhaul outdated risk management practices

JAMIE WILLIAMSON  |  TUESDAY, 30 JAN 2018
... and behaviour?" Laughlin said. "The government has freely criticised the banks, subjected them to intense parliamentary scrutiny, and has announced its intention to impose new law on accountability and remuneration. And now after much political battle ...

APRA unveils proposed RSE reform package

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2017
... superannuation entities are ultimately delivering the best outcomes for members. The regulator said it is ramping up its scrutiny of the performance and efficiency of RSE's business operations - particularly investments, insurance benefits, scale, product ...