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Showing 51 - 60 of 181 results for "Karen"

Experts torn on inflation outlook

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... economic experts shared very different views on the outlook for inflation. J.P. Morgan Asset Management chief market strategist Karen Ward argued that inflation is cause for concern, and all investors should be keeping a keen eye on the indicators. "We ...

Funds valued illiquid asset correctly: ASIC

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... year, super funds and other asset managers copped flak for how they valued their illiquid investments. ASIC deputy chair Karen Chester said over 2.5 million investors can take comfort from the findings in that during the market volatility of 2020, fund ...

Data to improve TPD outcomes: ASIC

ANNABELLE DICKSON  |  MONDAY, 2 AUG 2021
... insurers is often inconsistent or not in a searchable or reportable format, limiting its usefulness," ASIC deputy chair Karen Chester said. "To achieve good customer outcomes, insurers must lift their data capabilities. Insurers also need to invest more ...

AFA slams skyrocketing ASIC levy

KARREN VERGARA  |  WEDNESDAY, 28 JUL 2021
... two years, these two items account for an investment in litigation funding of as much as $50 million." ASIC deputy chair Karen Chester said in a parliamentary hearing in March that the regulator typically recovers the costs incurred in prosecuting the ...

Insurers dodging Royal Commission reform

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... This should be about protecting consumers, not insurers' bottom line." Chief executive of Financial Rights Legal Centre Karen Cox added that the decision to exempt key insurance products from the deferred sales regime, "...will entrench the problems ...

OnePath to remediate over pressure selling

ELIZABETH MCARTHUR  |  MONDAY, 12 JUL 2021
... sales practices and delivered compensation to tens of thousands of consumers who have suffered harm," ASIC deputy chair Karen Chester said. "Better industry practice and improved consumer outcomes followed ASIC's deep dive review of direct sales of life ...

Perennial to launch fund, hires

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... exciting and growing space," Lyons said. Perennial is also welcoming a new hire. Former head of emerging companies at Investec Karen Chan will join as senior investment director. The portfolio management team for the new fund comprises Lyons, along with ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
... responsible entities should continue to carefully manage the liquidity risks associated with their funds," ASIC deputy chair Karen Chester said. "We will continue to monitor liquidity management by responsible entities and may take compliance or other ...

ASIC appoints new chair, deputy chair

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... COVID-19 pandemic." Shipton added that he will work with Longo and Court to facilitate a smooth transition. Deputy chair Karen Chester had previously confirmed to Parliament that she hoped to be considered as the next ASIC chair. She will remain co-deputy ...

ASIC opens breach reporting consultation

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... concern about prolonged and repeated failures by large entities to make breach reports required by the law," ASIC deputy chair Karen Chester said. "Breach reporting is a core component of Australia's financial services and credit regulatory framework. ...