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Showing 501 - 510 of 2498 results for "Legal"

APRA, ASIC concerned over premium increases

CHLOE WALKER  |  FRIDAY, 9 DEC 2022
... insurer and consumer; that marketing material and other documents are not misleading; and continued compliance with their legal obligations, including to act efficiently, honestly and fairly. To curb these discrepancies, ASIC and APRA said that they ...

Latest adviser exams see 57% pass rate

CASSANDRA BALDINI  |  FRIDAY, 9 DEC 2022
... standard. It added those who have passed demonstrated the skills to apply their knowledge of advice construction, ethics and legal requirements to the practical scenarios tested in the exam. Further analysis revealed by ASIC highlighted over 15,850 who ...

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI  |  THURSDAY, 8 DEC 2022
... the FPA has suggested financial advice regulations are prioritised to transition to the ALRC's proposed structure of the legal requirements based on thematic rulebooks. The ALRC package of proposals aims to improve the navigation of the law and remove ...

Barrenjoey launches social purpose fund manager

JAMIE WILLIAMSON  |  WEDNESDAY, 7 DEC 2022
... the administration platform, Allen Partners provides capital advisory, Aksia handles research, and Ashurst is the fund's legal adviser. "Barrenjoey is proud to be creating a meaningful social impact through one of our Private Capital funds. These funds ...

Delayed reforms put pensioners at risk: OECD

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... development of asset-backed pension arrangements. "Policy makers need to make sure that there is an adequate institutional and legal structure in place and that governance regulation and supervisory structures are set up," the outlook said. "Policy makers ...

Household Capital acquires Pension Boost

ANDREW MCKEAN  |  MONDAY, 5 DEC 2022
... Household Capital, concluding a $37.6 million series C capital raise. It joined as an investor and strategic partner alongside, Legal and General UK, Citi, and IFM Investors.

ASIC suspends FTX Australia's licence

ANDREW MCKEAN  |  WEDNESDAY, 16 NOV 2022
... a managed fund or ETF, if a DCE collapses, investors lose whatever assets they have left on the platform as they had no legal entitlement towards those assets to begin with. They become unsecured creditors; most crypto investors in Australia have no ...

Life after legalsuper: Proebstl

ELIZABETH FRY  |  FRIDAY, 11 NOV 2022
Outgoing legalsuper chief executive Andrew Proebstl has no plans to exit the superannuation industry. Proebstl foresees big opportunities for funds to differentiate themselves and succeed in an environment where they are forced to manage more and more ...

Proebstl to leave legalsuper

JAMIE WILLIAMSON  |  TUESDAY, 8 NOV 2022
... However, between June 2000 and July 2001 he served as legalsuper's deputy fund secretary - the fund was then known as Legal Industry Superannuation Scheme. Under his leadership, the fund has grown from $190 million to over $5 billion. It also now ...

The future of defined contribution asset allocation

ANDREW MCKEAN  |  MONDAY, 7 NOV 2022
... for fiduciary compliance, super schemes are more freely able to innovate based upon their best scientific, academic, and legal understanding, Mitchem said. "While participants have traditionally been defaulted into a single balanced allocation, ever ...