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Showing 781 - 790 of 3666 results for "Maintain"

AMP cops $14.5m penalty over fees for no service

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2022
... deputy chair Sarah Court said. "Superannuation trustees should treat the penalty imposed today as an important reminder to maintain robust internal governance and assurance arrangements. Trustees are responsible for ensuring they only deduct fees from ...

APRA to modernise regulatory frameworks

ANDREW MCKEAN  |  TUESDAY, 13 SEP 2022
... is a digital framework that will be easier for industry to understand and comply with, and for APRA to supervise and maintain. Yesterday, APRA released an information paper that sets out what banks, insurers and super trustees can expect from the program ...

Aussie farmland sees significant growth: ANREV

CHLOE WALKER  |  MONDAY, 12 SEP 2022
Farmland in Australia has returned 10.21% on a 12-month rolling basis, generating 6.32% income and 3.70% capital growth, according to the latest quarterly Australian Farmland Index compiled by the Asian Association for Investors in Non-Listed Real Estate ...

Aura Group launches term deposit fund

CHLOE WALKER  |  FRIDAY, 9 SEP 2022
... target a gross return in excess of the RBA Bank Accepted Bills 90 Days monthly average rate and a positive net return. To maintain an adequate degree of liquidity, a portion of the portfolio is allocated to cash, including cash at bank, cash held in ...

APRA aims to bolster financial crisis response

CASSANDRA BALDINI  |  WEDNESDAY, 7 SEP 2022
... continue to be provided with minimal disruption. APRA confirmed its also finalising requirements for the four major banks to maintain additional loss-absorbing capacity (LAC). The purpose of the adjustment is to ensure that, in the unlikely event of ...

Kate Farrar's top tips when merging

JAMIE WILLIAMSON  |  TUESDAY, 6 SEP 2022
... execute when you're bringing a merger together," she said. "In the case of LGIAsuper, the key thing we wanted to maintain over time was our great face-to-face service in workplaces, so we wanted to build a boutique super fund." From there, LGIAsuper ...

Active Super reaffirms commitment to regional members

JAMIE WILLIAMSON  |  FRIDAY, 2 SEP 2022
Home to more than 12% of its members, Active Super has opened a new office to service Newcastle and the Central Coast, with chief executive Phil Stockwell saying the importance of regional and rural New South Wales to the fund can't be downplayed. ...

APRA removes Westpac liquidity add-on

CASSANDRA BALDINI  |  THURSDAY, 1 SEP 2022
... management and reporting. At the time APRA Deputy Chair John Lonsdale said: "Under APRA's liquidity requirements, banks must maintain a sound liquidity risk management framework, ensuring accurate calculation of the LCR and NSFR. While Westpac's LCR ...

Adviser exits fuel salary increases

JAMIE WILLIAMSON  |  THURSDAY, 1 SEP 2022
Ongoing uncertainty and a shrinking talent pool is driving significant salary increases for financial advisers. That's according to a recent salary guide from financial services specialist Kaizen Recruitment, saying it's seen substantial increases in ...

Data demonstrates success of compulsory super: Report

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
... superannuation, women trail men." When thinking about accumulated savings and investments, 48.7% of people said that they would maintain only part of their capital because they expected to spend some savings to fund retirement. The intention to maintain ...