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Showing 521 - 530 of 1592 results for "Light"

Super trustees must do better: Byres

HARRISON WORLEY  |  FRIDAY, 20 SEP 2019
... "selected set" of performance-related measures and benchmarks, otherwise known as the regulator's previously flagged "traffic light" system. "Our goal here is pretty simple: to identify those trustees that, when looked at across a range of dimensions ...

AFCA ombudsman addresses adviser concerns

KRISTI CHENG  |  TUESDAY, 10 SEP 2019
... do what is fair in all the circumstances." "Taking this into account, we will assess the conduct of the financial firm in light of the law, good industry practice and applicable codes of practice as in force at the time of the conduct, rather than retrospectively ...

Chief economist update: Foolish takeaway on US-China talks

BENJAMIN ONG  |  FRIDAY, 6 SEP 2019
"There's an old saying in Tennessee - I know it's in Texas, probably in Tennessee - that says, fool me once, shame on -- shame on you. Fool me -- you can't get fooled again." - former US President George W. Bush, Nashville, Tenn., 17 September ...

Values trump value for retail investors

HARRISON WORLEY  |  THURSDAY, 5 SEP 2019
Values are driving the decision-making of Australian retail investors, according to KPMG. Latest findings from the global consultancy's research arm KPMG Acuity show Australian retail investors are more concerned about values than perhaps was previously ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
The prudential regulator confirmed a "traffic light" system aimed at weeding out underperforming superannuation funds is currently in the works. Deputy chair Helen Rowell flagged APRA is developing a heat map based on four key areas -investment returns ...

Government extends FASEA deadlines

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
... exam is currently only available in capital cities and will not be available in regional areas until September 2019. In light of this, Senator Hume said the exam extension will ensure that all advisers, including rural and regional advisers, will have ...

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... household debt levels, stagnant wages growth, declining property prices and weak consumer spending. But seen in a different light, capex expectations of A$113,404 million (estimate 3) for 2019-20 remains 3.7% below 2018-19's full year actual capex ...

Macquarie Group raising $1bn

KANIKA SOOD  |  WEDNESDAY, 28 AUG 2019
Macquarie Group is raising $1 billion to chase new opportunities and maintain capital levels in light of ongoing regulatory change. Macquarie this morning announced a $1 billion non-underwritten institutional placement, which represents roughly 8.5 ...

ASIC approves name and shame rules

KARREN VERGARA  |  TUESDAY, 27 AUG 2019
The corporate regulator has given the Australian Financial Complaints Authority the green light to name financial services companies and superannuation funds in its determinations. In deciding to disclose names, ASIC said this will help identify conduct ...

Board addition strengthens strategic relationship

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... growth for both companies." Kobayashi will also join Challenger's nomination committee. MS&AD recently received the green light from the Treasury to up its stake in Challenger. MS&AD Insurance Group Holdings will be allowed to hold a 100% stake in Challenger ...