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Showing 31 - 40 of 1803 results for "Framework"

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

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... Financial Protection Bureau's approach, it noted. The committee also want ASIC to develop a long-term public reporting framework that quantifies and assesses the regulator's performance and capacity to investigate and enforce breaches of corporations ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... expectations around expenditure, the enhanced guidance sets out design principles for a robust expenditure management framework, including board oversight, alignment with strategic objectives, and active monitoring and review. It also outlines APRA's ...

ASIC calls out sloppy adviser data

KARREN VERGARA  |  MONDAY, 1 JUL 2024
... "approved" were not approved qualifications under the determination of the Financial Adviser Exam, Australian Qualifications Framework 1-5 qualifications, and Regulatory Guide 146 training/qualifications. ASIC is also aware of instances where AFSLs are ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... weakness," it said. APRA said improvements are needed in early warning indicators and trigger levels in the trigger framework should be more relevant to RSE licensees' operating environment and risk profiles. Additionally, APRA said improvements ...

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... equity". Stafford said it has worked closely with First Super for several years to develop a specialised ESG diligence framework that has been, and will continue to be, applied to the co-investment program. Stafford Australian private equity lead Daniel ...

Vision Super in hot water over coal investment

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... policy, removing its revenue-based coal, oil and gas investment restrictions and replacing them with a "carbon budget framework". Market Forces analysis revealed Vision Super's default investment option has since picked up investment exposure to Whitehaven. ...

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... establishing a national register of Powers of Attorney and development a standard identification, reporting and escalation framework. Financial abuse affects a significant number of Australians, with the Australian Bureau of Statistics reporting that ...

Trustee boards fail to challenge unlisted valuations: APRA

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
... question valuations. In a letter to all RSEs, APRA reminded them of the need to have a robust asset valuation governance framework, after a survey it conducted in late 2023 showed funds, particularly small to medium-sized offerings, have a way to go. ...

TCorp moves to new OneFund structure

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUN 2024
... range of investment opportunities and the possibility to invest more efficiently. OneFund will be complemented by a new framework, which will enable a more efficient way of keeping the investment funds in OneFund appropriately funded to meet their policy ...

Ageing Australians rapidly shifting retirement planning

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... positions on. The whitepaper examines the factors driving this interest, it also debunks several myths and sets up a framework through which advisers can lead the conversation around retirement income management with their clients." Aboud said that while ...