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Showing 531 - 540 of 9558 results for "Release"

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
Amid fresh concerns about funding Australia's ageing population, assistant treasurer Stephen Jones has responded to a new issues paper that suggests requiring wealthy Australians to use part of their superannuation for their personal aged care costs. ...

Trust trumps product advice: Research

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
... need to deliver on emotional trust, ethical trust, and functional trust to build long term client relationships. "The release of this resource demonstrates the value we see in working in collaboration with external financial advisers to deliver retirement ...

Mercer picked to advise Pengana Credit

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... business. Pengana will look to leverage Mercer's global investment reach across private credit markets amid its plans to release several unique private credit investments locally. "Our investors will benefit from Mercer's scale and access to private ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
... Vanguard misled the public in Product Disclosure Statements published between 7 August 2018 to 17 February 2021, a media release issued in August 2018, in statements on its website, statements made in an interview with Finance News Network and statements ...

Major economies buoyed by tight jobs market

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
Resilient job markets are keeping major economies above water, staring down the threat of a global recession, as well as geopolitical and climate woes. Newly released ABS figures show that Australia's labour market remained strong in June, adding ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
The prudential regulator is reinforcing the importance of superannuation funds to conduct more rigorous and frequent stress testing amid the fracas over valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance ...

Regulators begin FAR consultation

CHLOE WALKER  |  THURSDAY, 20 JUL 2023
APRA and ASIC have commenced an early consultation on the Financial Accountability Regime (FAR), calling for input from ADIs, insurers and super trustees. Together, the regulators have released key materials for consultation to support the timely implementation ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
The Reserve Bank of Australia (RBA) said the decision to maintain the cash rate at 4.1% was finely balanced with a consideration to hike another 25 basis points. In the July 4 minutes, released this morning, the RBA explained inflation in Australia ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
... One, which is to remove red tape and streamline the advice process, is the first of three stages that will include the release of draft legislation at the end of this year. Pillar Two is yet to determine the scope of the information and advice that a ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... One, which aims to remove red tape and streamline the advice process, is the first of three stages that will include the release of draft legislation at the end of this year. Currently ironing out the details, Jones pointed to three core areas that underpin ...