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Showing 371 - 380 of 4616 results for "Issues"

APRA reorganises as it sets sights on superannuation

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... across countries and industries much faster, and we need to ensure APRA is set up to react swiftly and effectively to key issues and crises," Lonsdale said. "The changes we are announcing today respond to this evolution by consolidating related areas ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... sponsoring sporting teams or on TV advertising," Taylor said. "APRA are seeking to use licence conditions to force a review of issues that have been examined at length by APRA over the past two years, without any negative findings." APRA acknowledged ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... flagged that it has yet to observe significant improvements in ANZ's non-financial risk management. APRA added that several issues in the bank's market business had occurred recently which increased its concerns, specifically relating to the bank admitting ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... of policy, advocacy, and standards Phil Anderson said the cancellation of Libertas' licence highlights the ongoing issues with listed companies walking away from advice subsidiaries and placing them into administration. Dixon Advisory, which morphed ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... super fund members expect," Schubert said. "That's why it's appropriate that APRA has instigated an independent review into issues raised in recent weeks - and Cbus has supported the regulator's actions. "It's a legal requirement that trustee directors ...

FAAA to work with Treasury on CSLR

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
... Scheme of Last Resort (CSLR). FAAA chief executive Sarah Abood and chair David Sharpe met with the minister to raise several issues including the total cost of the scheme and whether it is operating as a "true last resort". "We have told the minister ...

Fiducian posts strong result, share price jumps

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... address data concerns ahead of the superannuation performance test. The action came after the prudential regulator identified issues with the accuracy and completeness of data submitted previously, which raised concerns about FPSL's ability to identify ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... the government to adopt a simpler method, such as using a deemed rate of return to reduce uncertainty and mitigate these issues. "As it stands, this legislation is being poorly executed and will create a dangerous precedent within our taxation system. ...

Misconduct cases soar at CBA

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... its previously owned advice practices. "The group recognised an increase in the provision for aligned advice remediation issues and program costs for $7 million. In addition, the group paid $137 million in customer refunds for ongoing service fees, $63 ...

APRA reprimands Cbus, BUSSQ over governance issues

ANDREW MCKEAN  |  WEDNESDAY, 14 AUG 2024
... great support when they need it." He concluded by saying APRA is seeking to use licence conditions to force a review of issues that have been examined at length over the past two years without any negative findings. APRA deputy chair Margaret Cole said ...