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Showing 461 - 470 of 4679 results for "Issues"

Beaconsfield takes control of New Quantum

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... Asset Management, the trustee of an unsecured lender to New Quantum Holdings, on the financing of the company and other key issues. "This misalignment threatened the viability of the group." Last month, ASIC obtained interim orders from the Federal Court ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... maintain fund integrity. This approach could help ease tensions and ensure compliance with regulatory standards while broader issues are resolved. Separately, Super Consumers Australia director Xavier O'Halloran said that consumers expect their savings ...

Data concerns land Fiducian with additional licence conditions

JAMIE WILLIAMSON  |  TUESDAY, 16 JUL 2024
... conditions by APRA, as the regulator looks to address concerns ahead of the annual performance test. APRA said it identified issues with the accuracy and completeness of data submitted previously, raising concerns as to whether Fiducian was able to identify ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... life insurance complaints. Between June and December 2023, some 247 individuals complained about group insurance-specific issues, comprising 37.4% of complaints for the period. Rainmaker found that APRA-regulated superannuation funds paid up to $8.8 ...

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... whistleblower policy and process. New information in the package also includes a joint ASIC and APRA letter summarising key issues raised during consultation and their response, including the concept and application of key functions. In addition, the ...

Adviser queries jump 40%: AMP

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... their clients navigate superannuation contributions, transfer balance caps, dealing with a death benefit and home ownership issues, according to the latest data from AMP Advice. TapIn, AMP Advice's technical service for its advice network, received over ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... regulation over the past almost two years to little more than a headline" and that the "simplification of these complex issues detracts from the practical improvements to ASIC's operation suggested by witnesses, and indeed by ASIC itself, throughout ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... effectiveness of retirement-focused assistance to members was a priority. Many were struggling with privacy and security issues, and the cost of the endeavour when it comes to collecting more member data. Trustees also cite members' lack of engagement ...

Qualitas secures additional $300m mandate

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... options to ADIA under which it may acquire up to 32.66 million new ordinary shares in Qualitas, representing up to 9.86% of issues equity on a fully diluted basis, if ADIA committed incremental investment mandates totalling up to $1.7 billion. After ...

Where does the world's largest active manager say to invest?

ANDREW MCKEAN  |  FRIDAY, 21 JUN 2024
... pipeline. The report said shifting trade winds are also bringing opportunities to new markets. "Rising geopolitical logistical issues during the COVID pandemic forced many companies to adopt a 'China Plus One' strategy, diversifying their supply chains ...