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Showing 691 - 700 of 9558 results for "Release"

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
APRA has released updated guidance on investment governance for superannuation trustees. The update, which comes into effect in January of next year, is designed to assist trustees in meeting their requirements under the recently strengthened Prudential ...

Super is enabling private market democratisation: PGIM

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
Superannuation funds are playing a huge role in democratising private markets, making them more accessible to retail investors, PGIM vice president, head of thematic research Shehriyar Antia told Financial Standard. "Until recently, private markets ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
APRA has released a discussion paper that outlines proposals to ensure trustees prepare for, manage, and execute successor fund transfers more smoothly, and efficiently. APRA's proposals have been prompted by heightened transfer activity in the industry ...

QAR leaves insurance commissions alone

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
A new paper from the Quality of Advice Review recommends life insurance commissions be retained, but additional disclosure rules be introduced to ensure clients consent to the payments. In August, the first proposals paper from the Quality of Advice ...

ASIC welcomes second ASX market resilience consultation

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
ASIC has welcomed the latest ASX industry consultation on improving market resilience, following the exchange's outage in November 2020. The consultation paper covers potential future ASX capabilities to enhance market resilience, with submissions to ...

Credit Suisse restructures investment bank

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
... Michael Klein will step down from the board and is expected to be appointed chief executive of the new business, A Capital Release Unit will be created to comprise a non-core unit (NCU), including the remainder of Prime Services and non-wealth management ...

Breach reporting improvements needed: ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 OCT 2022
Just 6% of licensees lodged a breach report in the first nine months of the reportable situations regime, with ASIC raising concerns that licensees still lack the systems and policies to identify and address issues. ASIC has released insights from the ...

Budget deficit pressured by debt costs

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
The government has blamed its predecessor for inheriting a budget burdened by $1 trillion in gross debt and deficits projected for at least the next decade. Consequently, new fiscal policies have largely been offset for this year and the next. "We face ...

ASIC finds shortcomings in wholesale market practices

ANDREW MCKEAN  |  WEDNESDAY, 26 OCT 2022
ASIC has released two reports on better and poorer practices in wholesale financial markets, encouraging participants in these markets to benchmark themselves against industry standards. Report 741 Conduct risk in wholesale fixed income markets (REP ...

Millionaires worry about retirement

CASSANDRA BALDINI  |  FRIDAY, 21 OCT 2022
According to new research, 35% of millionaires believe it will take a miracle to retire securely. Natixis Investment Managers released The Million Dollar Question report which evaluates retirement sentiment among high-net-worth (HNWI) investors. It ...