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Showing 361 - 370 of 1507 results for "Assessment"

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... to APRA - including relating to the movement of members and outflow of funds," he said. APRA will also sharpen its assessment of the best financial interest duty (BFID) so that trustees must have regard to members' financial interest first and foremost ...

ASX eyes a bigger slice of fixed income active ETFs

KANIKA SOOD  |  THURSDAY, 9 SEP 2021
... which in recent years have shifted towards open-ended structures from closed-ended ones. "It will be subject to our assessment whether we think the fund will be open ended and be able to [service] redemption requests," Weaver said. ASX general manager ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... returns delivered, or even the size of funds, are not necessarily indicators of a successful fund, based on APRA's assessment. Further, the binary nature of a pass or fail means there are several funds passing 'close to the line', while others have missed ...

Results out: 13 funds fail YFYS performance test

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... returns, or have beaten funds that passed the test. "For example, BT Super MySuper is right now, in Rainmaker's assessment, the third-best performing lifecycle product in the market measured over one, three and five years. Indeed over five years ...

Consumer group slams super self-assessments

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
... overwhelmingly hard to find on 69% of fund websites, 69% of funds made up their own target investment return to satisfy their assessment, only 24% of funds broke down how they were meeting the best interests of members from different demographics and ...

Final YFYS regulations out, government "backflips" on admin fees

KANIKA SOOD  |  MONDAY, 9 AUG 2021
... players free reign to fiddle the books and shift costs to the investment side with little impact on the performance assessment," ISA said in a statement. "Through creative bookkeeping funds could still be charging members the same high fees but sneak ...

First YFYS performance test results weeks away

KANIKA SOOD  |  MONDAY, 2 AUG 2021
Superannuation funds can expect their results in the first performance test by August 31 under the new Your Future, Your Super reforms, according to an APRA letter sent Friday. The first round covers MySuper products alone. Trustee-directed products ...

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
The corporate regulator is urging TPDinsurance providers to act on gaps in their processes by improving data capabilities after previously flagging concerns including declining claim rates, withdrawn claims and poor claims-processing times. ASIC's Report ...

Mercer partners with platform

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... owners will be able to access Mercer's library of public and private markets research, ratings and operational risk assessment content through eVestment platforms. Mercer said that more than 1000 pension plans, endowments, family offices and other asset ...

Get your ducks in a row before you think of an IPO

KANIKA SOOD  |  THURSDAY, 22 JUL 2021
... disclosure test in that the prospectus must contain all information investors would reasonably require to make an informed assessment in relation to their investment in the shares and the financial position of the company," Ohm said. "With NobleOak [for ...