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Showing 531 - 540 of 2189 results for "Framework"

IGR to spark fresh retirement income consultation

CASSANDRA BALDINI  |  FRIDAY, 25 AUG 2023
... superannuation funds to formulate strategies to optimise retirement outcomes for members, however, the FSC believes this framework will be more successful if the government removes regulatory barriers that are inconsistent with the Covenant," he said. ...

Tim Unger quits Willis Towers Watson

ELIZABETH FRY  |  FRIDAY, 25 AUG 2023
Tim Unger, the high-profile sustainability head at Willis Towers Watson, has departed after 22 years with the firm. WTW has confirmed the exit but declined to comment further. While sustainability consulting is booming as companies set ambitious goals ...

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... environment and the ongoing transformation process. "We will conduct a thorough reassessment of our capital management framework, including a new dividend policy, while we continue to realise assets, reset our cost base and emerge as a leaner Iress," ...

Foresters Financial launches tax-effective education bond

ANDREW MCKEAN  |  MONDAY, 21 AUG 2023
... tax-effective avenue for families to save for their children's education. The education bond operates under a "scholarship plan" framework, allowing bond administrators to benefit from tax deductions. These deductions are then available to investors ...

Magellan reverts to old leadership model

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
Magellan Financial Group has again overhauled its executive ranks and board, in a move that will see it revert to an old model affecting the roles of chief executive and chief investment officer. Effective today, the group's chief executive and chief ...

ASIC proposes five-year extension to DDO

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... 2021/784 instrument is operating effectively and efficiently and continues to form a necessary part of the legislative framework. Nevertheless, ASIC's proposed modifications to the instrument include its extension to October 2028 and the removal ...

Institutional investor pumps $750m into Qualitas fund

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
... said. "Progress on deployment depends on the timing of settlement on investment opportunities that align with our risk framework and appetite." In May, Qualitas announced a $1 billion CRE private credit mandate with $220 million activated commitment. ...

APRA finalises framework for MySuper products

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... 1994, focuses on RSE licensees, particularly those offering a blend of MySuper and lifecycle products. The crux of the framework revolves around adjusting the actual return formula and benchmark return formula. This translates to nuanced recalibrations ...

Government cracks down following PwC scandal

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
Tax agents found evading laws could face over $780 million in penalties following the ongoing fallout of the PwC scandal. In what's being called the biggest crackdown on tax agent misconduct in Australian history, the government has bumped up fines ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... liquidity and insolvency requirements. Assistant treasurer Stephen Jones has opened consultations, asking if the regulatory framework that managed investment schemes operate in is protecting investors from unnecessary financial risk. Managed investment ...