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Showing 51 - 60 of 283 results for "Safeguard"

APRA proposes safeguards against risk events in super

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
APRA has proposed to replace the existing Prudential Standard SPS 114 Operational Risk Financial Requirement (SPS 114) with enhanced obligations for trustees, to improve how they manage financial resources to protect fund members from poor operational ...

FSC adds to Life Insurance Code of Practice

CHLOE WALKER  |  TUESDAY, 25 OCT 2022
Several new consumer protections will be added to the Financial Services Council (FSC)'s Life Insurance Code of Practice, including the industry's first guidelines on family and domestic violence, as well as new protections in the genetics moratorium. ...

Data sharing laws updated in response to Optus breach

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2022
The government is proposing changes to the Telecommunications Regulations 2021 following the Optus breach that will impact how APRA-regulated entities respond to cybersecurity incidents and risks. Changes from the government are expected to provide ...

Super members switching options amid uncertainty

CHLOE WALKER  |  WEDNESDAY, 28 SEP 2022
... fund members has revealed that 11% have switched to a more conservative risk profile in the past six months in a bid to safeguard their retirement savings. In total, this year has seen almost 20% of super members make a change to their risk profile ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
... national president Sam Perera asked the minister how to best strike the balance between higher education standards to safeguard the profession while also ensuring fairer treatment for existing advisers. "Some people may say it's gone a little bit too ...

2022 is the hardest year to retire: Report

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
... through investment diversification and strategic asset allocations, investors can look to minimise these impacts and safeguard their retirement nest eggs," she explained. Retirement security was also flagged to be under increasing pressure. Inflation ...

AFA, FPA to explore merger

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2022
... members from diverse groups and this would continue within any new association. "The Memorandum of Understanding aims to safeguard the interests of members and includes the AFA nominating four directors on the transitional 12-person board," he said. ...

Crypto asset reforms underway: Treasurer

ANDREW MCKEAN  |  MONDAY, 22 AUG 2022
Treasurer Jim Chalmers, minister for financial services Stephen Jones and minister for competition, charities and treasury Andrew Leigh have announced that work is underway on crypto asset reforms. "The Albanese government will improve the way Australia's ...

Reserve Bank explores digital currency potential

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
The Reserve Bank of Australia (RBA) is launching a one-year research programme into the case for a central bank digital currency (CBDC). Partnering with the Digital Finance Cooperative Research Centre (DFCRC), the project will seek to identify innovative ...

CEW push for more women leaders

MICHELLE BALTAZAR  |  FRIDAY, 13 MAY 2022
In one of the largest industry events since the pandemic began, more than 1300 guests, including financial services heavyweights, gathered at the International Convention Centre in Sydney this week for the annual Chief Executive Women (CEW) fundraiser. ...