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Showing 441 - 450 of 1508 results for "Assessment"

Ratings house launches

KARREN VERGARA  |  THURSDAY, 8 OCT 2020
... products, as well as property syndicates, private equity, venture capital and hedge funds. It is looking to launch an ESG assessment framework in the near future. The fledgling research house, which has four commissioned research reports in the works ...

REI Super ups insurance premiums

ELIZABETH MCARTHUR  |  THURSDAY, 8 OCT 2020
... review with MetLife to potentially revise down insurance costs. "As you would be aware there has been an industry wide assessment and repricing by life insurers for both death and TPD," Coysh said. "The changes largely reflect the impact of COVID-19 ...

APRA rolls out new assessment model

ANNABELLE DICKSON  |  WEDNESDAY, 7 OCT 2020
The Australian Prudential Regulation Authority (APRA) has replaced its 18-year-old risk assessment model with a system that will better guide the intensity of the regulator's supervision. In a letter to banks, insurers and superannuation licensees ...

Queensland funds explore merger

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
... basis, to vet if a merger will be in the best interest of both funds' members. The MoU was signed after a high-level assessment and discussion at both funds. "LGIAsuper's strategy over the past three years has been to look for opportunities to ...

Budget commitment to aged care not good enough

ALLY SELBY  |  TUESDAY, 6 OCT 2020
... Australian National Aged Care Classification. The budget, it said, included $91.6 million in funding for a new independent assessment workforce for the funding tool. To support aged pensioners, the government announced they would receive two economic ...

MySuper funds face new test, member bans

KANIKA SOOD  |  TUESDAY, 6 OCT 2020
... for measuring underperformance in the superannuation sector and the APRA Heatmaps and the annual member outcomes self-assessment under existing law will be amended accordingly," the government said, adding it puts a Productivity Commission recommendation ...

FASEA releases more Code of Ethics guidance

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... duties they owe another individual or organisation," the guide said. "This requires advisers to make a professional assessment as to whether their personal interests or other personal duties/relationships are incompatible or at variance with the interests ...

Trustees cutting corners: Rowell

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
... super funds are pitting themselves against a narrow field and failing to include all of their MySuper products in the assessment. "Often it wasn't clear to us why certain peer groups for choice products had been selected. Trustees should document how ...

Ratings deteriorate at AMP

ALLY SELBY  |  FRIDAY, 2 OCT 2020
... ratings downgrade at AMP Bank had come due to the downgrade at AMP Group Holdings. "AMP Bank's Baseline Credit Assessment (BCA) has been affirmed at baa3 reflecting the bank's strong asset quality and good capital adequacy," it said. "The issuer ...

APRA resumes life insurance intervention

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... companies continue to haemorrhage money through the sale of IDII," APRA executive board member Geoff Summerhayes said. "Our assessment is that the pandemic may further exacerbate the problems with this product, so decisive action can no longer be delayed. ...