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Showing 591 - 600 of 3421 results for "Update"

Super fund climate risk assessment results released

RACHEL ALEMBAKIS  |  FRIDAY, 5 AUG 2022
APRA has published the findings of a voluntary climate risk self-assessment survey conducted across the entities APRA regulates. Sixty-four medium to large institutions responded to the survey, which was designed to provide insights into how institutions ...

Advisers receive guidance on rights under FSCP

JAMIE WILLIAMSON  |  THURSDAY, 4 AUG 2022
... disciplinary measure. In December, ASIC outlined the operations of the FSCP and what powers it has been afforded. In an update, ASIC has now provided further detail as to what instances may lead to a panel being convened. Situations in which ASIC must ...

Magellan FUM decline continues but eases

CHLOE WALKER  |  THURSDAY, 4 AUG 2022
... $33 billion. Magellan said that it will release its flows with its monthly FUM updates going forward. In light of its ASX update, Magellan's share price has risen 3.55% as of midday today.

FSC analyses super, advice developments

ANDREW MCKEAN  |  MONDAY, 1 AUG 2022
... The Financial Services Council (FSC) has examined the government's legislative agenda for super and given a policy update on the Quality of Advice Review. Firstly, following assistant treasurer and minister for financial services Stephen Jones' ...

APRA consults on new operational risk standards

JAMIE WILLIAMSON  |  FRIDAY, 29 JUL 2022
APRA is proposing to introduce new minimum standards for super funds in managing operational risk, opening a new consultation. As part of the consultation, APRA has released Prudential Standard CPS 230 Operational Risk Management which includes minimum ...

Macquarie appoints directors to bank board

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
At its annual general meeting today, Macquarie Group chair Glenn Stevens provided a board update, including the introduction of three bank-only, non-executive directors (BOND) to the Macquarie Bank board. Stevens stated that, as previously noted to ...

Insignia Financial loses more advisers

CASSANDRA BALDINI  |  TUESDAY, 26 JUL 2022
... businesses and said that as of June 30 there were 1600 active financial advisers in its network. "As flagged in the last update, the MLC Advice and Bridges businesses were brought together during the quarter under one brand and culture, resulting in ...

Aliro Group withdraws AOF bid

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
... the start of July, Aliro requested a further two weeks' due diligence and then, on July 15, requested another week. In an update this morning, AUIREL said Aliro Group has advised it is unable to submit an updated proposal at this time, citing a deterioration ...

Consultation on faith-based products opens

JAMIE WILLIAMSON  |  THURSDAY, 21 JUL 2022
Treasury has commenced consultation on adjusting how the Your Future, Your Super performance test is applied to faith-based products, releasing draft legislation. Under the legislation, APRA would be allowed to consider the religious affiliation of ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... in terms of percentage growth in platform FUA year on year. In the Q4 FY22 result, HUB24 also gave investors a business update where it said that its digital reporting feature which enables advisers to customise client presentations in real-time is now ...