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Showing 381 - 390 of 1507 results for "Assessment"

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
... annum as of 31 May 2021, five-year returns of 9.7% after fees and nine-year returns of 12.2%. Shields was blunt in his assessment of the problems with LICs as structures and the issue of LICs trading at discount. He even went as far as to say it was ...

Chief economist update: Deflated expectations lift deflation expectations

BENJAMIN ONG  |  THURSDAY, 10 JUN 2021
... in prices are likely to have only transitory effects on inflation". This is the complete opposite of the BOJ's assessment revealed in the "Summary of Opinions at the Monetary Policy Meeting on April 26 and 27, 2021", where it revealed that, "The ...

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
National Australia Bank and its subsidiaries, including JBWere, are allegedly failing their anti-money laundering and counter-terrorism financing obligations, according to AUSTRAC. The financial intelligence agency is investigating NAB's "potential ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... controls, responsibility and accountability, performance management and incentives, shared values and risk culture assessment. "It's no coincidence leadership is number one on the list; nothing influences an institution's risk culture more than the words ...

Research reveals factors influencing advice

JAMIE WILLIAMSON  |  WEDNESDAY, 26 MAY 2021
A study which saw financial advisers providing advice for hypothetical clients found glaring inconsistencies in risk assessments, with suggestions an adviser's own circumstances can influence the advice provided. The data from Oxford Risk shows, when ...

Actuaries Institute unveils IDII recommendations

KARREN VERGARA  |  MONDAY, 24 MAY 2021
The Actuaries Institute has released sweeping recommendations to help fix the individual disability income insurance (IDII) sector that is currently at "risk of failure". The final recommendations follow a 12 month-review, led by an appointed Actuaries ...

PPS Mutual launches member offer

ANNABELLE DICKSON  |  MONDAY, 17 MAY 2021
Mutual life insurer PPS Mutual has launched a timesaving underwriting offer for existing members to add cover to their policy. Members who have a current income protection policy with PPS Mutual can now apply to add or increase life, total and permanent ...

YFYS incentive to reduce fees: Hume

ANNABELLE DICKSON  |  THURSDAY, 13 MAY 2021
... Indeed, funds that lowered fees will be rewarded with higher net returns so should achieve a higher APRA performance test assessment," Dunnin said. "But if the fee 'reduction' was really nothing more than the fee load swapping from investment fee side ...

New partnership for BC Investment Group

ELIZABETH MCARTHUR  |  MONDAY, 3 MAY 2021
... Limited, a conglomerate listed on the Hong Kong stock exchange. Novatti said it is in regular communication with APRA on assessment of its application for a restricted banking licence. Following the onset of COVID-19, the regulator had temporarily halted ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
... guidance sends a clear message to directors and trustees that climate risk is financial risk," Herd says. "It means assessment, disclosure and management of an organisation's climate risk exposure is clearly identified as being consistent with proper ...