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Showing 7061 - 7070 of 18128 results for "superannuation"

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... Turnbull Government announced it will establish a royal commission into the alleged misconduct of banks, insurers and superannuation funds. The inquiry will also investigate the regulators' ability to identify and address misconduct, but will not investigate ...

APRA delivers poor super fund ultimatum

DARREN SNYDER  |  WEDNESDAY, 29 NOV 2017
It is crunch time for poor performing superannuation funds which will soon be asked to "gracefully exit the industry" if they cannot meet revisions to regulatory frameworks. Australian Prudential Regulation Authority (APRA) deputy chair Helen Rowell ...

ASIC brings in disclosure expert to review RG97

ALEX BURKE  |  WEDNESDAY, 29 NOV 2017
ASIC has appointed a veteran of managed investments and superannuation regulation to review the costs disclosure settings in RG97. Darren McShane, most recently chief regulation and policy officer of Hong Kong's Mandatory Provident Fund Schemes Authority ...

Energy Super launches group insurance platform

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... are demanding a clear view of their financial arrangements and to have a say in how it all works - whether it be superannuation, insurance or investment," Petrou said. MLC Life announced the launch of LifeView in July, which is part of its $400 million ...

Westpac extends domestic violence support services for staff

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2017
... will now have access to free financial planning from a BT Financial Group adviser to assist with their budgeting, superannuation, investment and insurance needs. BT Financial Group chief executive Brad Cooper said that as a financial services organisation ...

Advisers call for exam, standards clarity

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2017
... education standards will provide a complete picture and base level of knowledge in areas such as social security, superannuation and investing, while CPD will ensure skills are up-to-date. Similar to what ASIC has proposed, CPD should total 30 hours ...

Superannuation fears regulatory strangle: ASFA

EMMA RAPAPORT  |  WEDNESDAY, 29 NOV 2017
The greatest threat to Australia's $2.5 trillion superannuation system is regulatory overreach and strangulation in red tape. This was the takeaway message from Association of Superannuation Funds of Australia (ASFA) independent chair Michael Easson ...

Centrepoint adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2017
... after it was found he advised a client to obtain financial assistance by withdrawing funds from their self-managed superannuation fund when not permitted to under the Superannuation Industry (Supervision) Act 1993 or the SMSF's trust deed. He was also ...

Ophir Asset Management expands investment team

EMMA RAPAPORT  |  TUESDAY, 28 NOV 2017
... Masters. Ophir currently manages about $750 million across two investment strategies on behalf of institutional superannuation funds, family offices and private investors. The company recently celebrated the five-year anniversary of its first fund, the ...

Industry fund chair steps down after three decades

EMMA RAPAPORT  |  MONDAY, 27 NOV 2017
... leadership that has allowed the fund to keep on the front foot during decades of legislative change within the superannuation sector." As well as his construction, property development, planning and environment expertise, Lette is a well-known and respected ...