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Showing 601 - 610 of 2856 results for "Standards"

APRA finalises new bank capital framework

CHLOE WALKER  |  TUESDAY, 30 NOV 2021
... Authority (APRA) has finalised its new bank capital framework, designed to strengthen levels of capital and align Australian standards with the internationally agreed Basel III requirements. The new regime, which APRA has been consulting on for four ...

Aware Super chief executive named Fund Executive of the Year

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
... Rowe Price head of distribution for Australia and New Zealand Darren Hall said. 'We also commend the extremely high standards of professionalism demonstrated across the board by fund executives who continue to pursue achieving the best possible financial ...

Super funds failing three-day transfer requirement

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 NOV 2021
... relevant information from the member to validate the request. "It is important to also note that these Data and Payment Standards are still very new, the number of SMSF requests have spiked recently. SMSF rollover requests are the most detailed to process ...

APRA hones in on post-retirement products

KARREN VERGARA  |  TUESDAY, 23 NOV 2021
... superannuation balances will be larger when people die, as will inheritances. Superannuation is intended to fund living standards of retirees, not to accumulate wealth to pass to future generations," the RIR report read. By 2059, the review estimated ...

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... their plans to maintain the financial resilience needed to protect members' best financial interests. APRA's prudential standards require superannuation trustees to maintain sufficient financial strength to operate their businesses effectively, including ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... Alexis George said: "AMP has changed substantially over the past few years and is focussed on operating to the highest standards, as rightly expected by our customers." "While these matters are historical and AMP has either completed remediation or is ...

BetaShares introduces suite of ethical SMAs

RACHEL ALEMBAKIS  |  FRIDAY, 12 NOV 2021
... holds direct equities and will provide exposure to Australian companies that meet strict sustainability and ethical standards. The portfolio is based on the methodology of BetaShares' Australian Sustainability Leaders ETF (ASX: FAIR) which currently ...

APRA finalises framework for insurance in super

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... fund members, and to ensure premiums do not unduly erode members' retirement incomes. The changes to the prudential standards will come into effect from 1 July 2022.

Gwen Fletcher Memorial Award winner revealed

ELIZABETH MCARTHUR  |  TUESDAY, 9 NOV 2021
... commitment to Gwen's legacy of improving the financial planning profession through education and higher professional standards," he said. "The FPA is pleased to hear positive feedback around the CFP® Certification program, particularly around the practical ...

abrdn outlines climate change action plan

JAMIE WILLIAMSON  |  FRIDAY, 5 NOV 2021
... and credit holdings, "seeking transparency on progress against clear transition milestones assessed against relevant standards". After two years, where it feels insufficient progress has been made and where the client mandate allows, it will divest these ...