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Showing 511 - 520 of 3847 results for "Plans"

Insignia offloads investment bonds unit

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... policyholders," Kerr said. The life and superannuation unit offers investment bonds, funeral bonds, and education savings plans. It had $2.3 billion in FUM as at 30 June 2022.

Lendlease, Daiwa House strike BTR deal

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
... Lendlease to deliver to the Melbourne community this quality build-to-rent opportunity." In other news, Lendlease has announced plans to cut about 740 jobs globally, or roughly 10% of its workforce. The bulk of the cuts will be in the company's international ...

Advisers' experience stands at 14.5 years

KARREN VERGARA  |  WEDNESDAY, 19 JUL 2023
... Planning, Synchron, and Charter farewelling the largest number of advisers. Assistant treasurer Stephen Jones flagged that he plans to bolster the waning adviser population by looking at all levels of tertiary education so that there is a "logical pathway" ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... are yet to be observed and accepted it takes time for households and businesses to adjust their spending and investment plans. It also anticipates resets of low fixed-rate loans ahead and possible easing in the labour market. "The board recognised the ...

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
... compromised. "This new standard will ensure that regulated entities set and test controls and maintain robust business continuity plans to respond if disruptions do occur," Lonsdale said. "We expect regulated entities to be proactive in preparing for ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... off the urgency to offer robust retirement income strategies and are failing to integrate this mandate into their business plans. One year since the Retirement Income Covenant took effect, a joint examination of 15 trustees by ASIC and APRA reveals that ...

HNW wealth transfer still on the to-do list

CHLOE WALKER  |  SATURDAY, 15 JUL 2023
... develop streamlined strategies for transferring wealth," LGT Crestone said. "Further, by working with families on their wealth plans, professionals are likely to receive referrals from both within and outside the family, offering significant growth opportunities." ...

FRAA provides roadmap for improved super regulation by APRA

ANDREW MCKEAN  |  FRIDAY, 14 JUL 2023
... regulatory burden associated with data and information requests. Further, APRA was told to provide trustees with annual plans of proposed supervisory activity. "APRA should keep trustees informed of the status of reviews, information requests, and other ...

UK pensions tapped to strengthen local startups

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
The UK Treasury has announced plans to consolidate the nation's pension fund sector and unlock £75 billion in retirement savings to back high-growth companies. Yesterday, Chancellor Jeremy Hunt delivered the Mansion House reforms and cited plans ...

Federal Reserve plans upping capital requirements

CASSANDRA BALDINI  |  TUESDAY, 11 JUL 2023
The US Federal Reserve has proposed a regulatory overhaul in which the nation's largest banks would be forced to hold more capital in hopes future meltdowns in the sector can be prevented. Federal vice chair for supervision Michael Barr outlined ...