Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 681 - 690 of 1822 results for "APRA."

APRA reviews priorities in super

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
Unlisted asset valuations, early release of superannuation and heatmaps are some of the key areas APRA will prioritise over the next 12-18 months. COVID-19 has forced APRA to reassess the urgency of a number of key initiatives affecting superannuation ...

Advice group flees MLC after IOOF takeover

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
HFM & Partners has made the decision to change its Australian financial services licence from MLC-owned GWM Adviser Services in light of the acquisition by IOOF. The announcement by IOOF to acquire MLC's advice business will see the creation of ...

APRA expands super data collection

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
APRA has released the final consultation package for Phase 1 of its project to expand the breadth, depth and consistency of its superannuation data collection. Launched last November, APRA's multi-year Superannuation Data Transformation aimed to improve ...

APRA issues new licence conditions on NULIS

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
APRA has issued directions and imposed new licence conditions on NULIS Nominees to improve its governance and controls to ensure members' best interests. The directions and additional licence conditions require NULIS to record how it considers members' ...

AMP hires risk lead

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
AMP has appointed a head of risk, superannuation, retirement and platforms. Justine Gorman will step into the role, joining AMP from National Australia Bank where she was head of risk, wealth transformation program. Gorman spent approximately two and ...

Dividend cuts not as bad as expected

KANIKA SOOD  |  FRIDAY, 21 AUG 2020
Most people expected dividends to fall by 30% this year, but company payouts this earnings season have been decent, says Ausbil. Ausbil's Michael Price, who manages its active dividend income fund, said in general, the firm has been pleasantly surprised ...

40% of ERS applicants not eligible: illion

ELIZA BAVIN  |  MONDAY, 17 AUG 2020
New research released by illion found that 38% Early Release of Super (ERS) applicants saw no drop in their income during the COVID-19 crisis, as withdrawals surpass $31 billion. The research found that the scheme has continues to drive a huge spending ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
Macquarie will transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June ...

New platform launches for super funds

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
A new platform has been launched for super funds aiming to help navigate the mounting pressure to improve returns and lower investment fees, costs and taxes. Parametric announced the new platform, saying with super funds facing increased pressures it ...

ERS doesn't justify higher SG: Grattan

ELIZA BAVIN  |  MONDAY, 10 AUG 2020
New modelling from Grattan Institute found most Australians will have a comfortable retirement even if they have taken advantage of the government's early release scheme. The government recently extended the ERS scheme, allowing individuals who have ...