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Showing 771 - 780 of 2860 results for "Standards"

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... has imposed an independent review into Bendigo and Adelaide Bank's liquidity after it failed to comply with liquidity standards. Bendigo and Adelaide Bank informed APRA last month of breaches to APS 210 which incorrectly classified some retail deposits ...

APRA reduces ERS reporting for funds

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... will cut down on the amount of information it requires funds to provide as part of the Early Release of Super reporting standards. From September 30, APRA said it will only require sections 6-8 of SRF 91.1: COVID-19 Pandemic Data Collection to be reported ...

Aware Super shakes up SRI option

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
... revenue from fossil fuels and their supply chains, and provide scope to remove organisations that don't meet ESG standards. "Our members are increasingly telling us that environmental, social and governance issues are extremely important to them. ...

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... one another and have at times offered conflicting viewpoints and differing interpretations of important professional standards such as the Best Interest Duty (BID) requirement," he said. "Every agency tasked with overseeing the financial planning profession ...

IAPF to acquire management rights for $40m

ELIZA BAVIN  |  TUESDAY, 20 OCT 2020
... said. "This would not only provide enhanced governance and increase alignment of interests consistent with industry standards, but ensure the retention of the existing management team and facilitate the future growth of IAPF." The fund was established ...

Fresh fundies outperform

ALLY SELBY  |  THURSDAY, 15 OCT 2020
... investors took notice of its performance. "Our fourth quarter for FY2020 was quite impressive by a lot of people's standards; we delivered a 38% return in that quarter so we had a relatively good period during the brunt of COVID," he said. The fund ...

Stapling equals accountability: Hume

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
... members an eight-year rolling performance measure highlighting where it is underperforming or "not living up to its own standards," she said. Hume also hinted that the highly-anticipated Retirement Income Review is a comprehensive analysis of the three ...

Advice reforms to be legislated: Hume

ANNABELLE DICKSON  |  WEDNESDAY, 14 OCT 2020
... continuous professional development. "The reforms are working their way through the system and I'm confident the standards will ensure consistency across the industry and all financial advisers have the skills necessary to provide high quality advice," ...

Proposed changes ahead for APRA's heatmaps

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
... still remain in funds where fees are too high and returns are too low - and that is not good enough by anyone's standards," she said. Rowell noted that board governance in superannuation funds remains somewhat of a problem which she reiterated for ...

Super industry cautious on more reform

ELIZABETH MCARTHUR  |  TUESDAY, 6 OCT 2020
... income earners and women." The Association of Superannuation Funds of Australia (ASFA) said it supports measures to lift standards for MySuper products but changes need to be carefully considered. "We don't suffer from a shortage of good funds and we ...