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Showing 781 - 790 of 6447 results for "Regulatory"

HESTA names general manager of retirement

MATTHEW WAI  |  FRIDAY, 6 DEC 2024
... members' retirement needs. She will also be responsible for ensuring HESTA's compliance with industry standards and regulatory obligations, the fund said. O'Shea has worked in superannuation and financial services for more than a decade. She began her ...

Nuveen raises over $400m for real estate debt strategy

MATTHEW WAI  |  THURSDAY, 5 DEC 2024
... and strong collateral protection. "Australia's mature market, supported by robust economic foundations, strict regulatory requirements for banks and the need for more alternative capital sources provides a good foundation for long-term investment ...

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
Licensees are generally slow to report to ASIC because of deficient internal processes and poor monitoring of compliance with the reportable situations regime, a review found. Recent surveillance by ASIC found financial services and credit licensees ...

Trustees, advisers have 'insufficient focus' on performance

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
ASIC commissioner Alan Kirkland had told financial advisers and superannuation trustees that more needs to be done to ensure better retirement outcomes for Australians. It comes after ASIC released its superannuation choice products and their focus ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
... IDR processes or in IDR data reporting," he said. "Our ongoing analysis of the IDR data will also inform our other regulatory activities, so industry can expect to hear more from ASIC on this issue." The Australian Financial Complaints Authority (AFCA) ...

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
... technology, differentiate our ability to serve clients." The transaction is expected to close in mid-2025 subject to regulatory approvals and customary closing conditions.

Self-regulation on the cards: FAAA

KARREN VERGARA  |  THURSDAY, 28 NOV 2024
... professional financial planners are being challenged more than ever before. The rapid pace and uncertainty surrounding regulatory change, rising costs, falling numbers of professional financial advisers, and improving public perceptions of our profession ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
APRA deputy chair Margaret Cole and ASIC deputy chair Sarah Court have sent a letter to superannuation trustees reminding them of their obligations under the Financial Accountability Regime (FAR) before it takes effect next year. The FAR commenced for ...

Illegal investment scheme operator to pay $1.25m

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
The Federal Court has ordered Sasha Hopkins to pay $1.25 million and be disqualified for four years, in proceedings brought by ASIC. The court also ordered that The A Team Property Group, five of the investment schemes and associated companies be wound ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
Texas and 10 other Republican-led states are suing BlackRock, State Street and Vanguard, saying their climate activism violated antitrust laws and caused reduced coal production and higher energy prices. Texas Attorney General Ken Paxton filed a case ...