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Showing 61 - 70 of 346 results for "Final Report"

ASIC not recommending general advice change

JAMIE WILLIAMSON  |  WEDNESDAY, 5 MAY 2021
... the regulator found such a move is unlikely to prevent consumer confusion. Both the Financial System Inquiry's final report and Productivity Commission Inquiry Report into Competition in the Australian Financial System recommended the re-labelling ...

Labor won't support YFYS Bill in current form

KANIKA SOOD  |  FRIDAY, 30 APR 2021
... passes in its current form for reasons including its rushed start date. Senate Economics Legislation released its final report on YFYS reforms yesterday, a week later than initially planned. In the meantime, the Liberal government has released draft ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... product provider Optimum Pensions, which this month signed a distribution deal with ASX-listed Generation Life. The final report from the Retirement Income Review, commissioned by the federal government, acknowledged the need for longevity products in ...

APRA gains traction on superannuation data project

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
The Australian Prudential Regulation Authority has released its final reporting standards for the first phase of the Superannuation Data Transformation (SDT) as it looks to clear out underperformers. Phase one addresses the most urgent gaps in APRA's ...

WTW wins mandate from NZ government super fund

ELIZABETH MCARTHUR  |  THURSDAY, 18 MAR 2021
... GSFA's statements of investment policies, standards and procedures for their appropriateness and compliance. The final report will have to be delivered to New Zealand Treasury by mid-May this year. "Following the Treasury's Request for Proposal to execute ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... plagued by complexity and systemic problems that puts the most vulnerable at risk, the landmark inquiry found in its in final report. The final report of the Royal Commission into Aged Care Quality and Safety, tabled in parliament yesterday, formulated ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... had completed its hearings, the Institute of Internal Auditors - Australia, in responding to the Commission's Final Report, also reviewed the lessons from the banking scandals in the UK in 2013."

Government backs disciplinary body in principle

KARREN VERGARA  |  MONDAY, 30 NOV 2020
... forward to engaging with the Government to develop a functional model for implementation in 2021," said De Gori. The final report made 28 recommendations, 20 of which Sukkar said the government supports full, in part or in-principle. "The government's ...

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... basis points. APRA imposed the additional capital requirement on the bank in May 2018 as part of its response to the Final Report of the Prudential Inquiry into the Commonwealth Bank of Australia. APRA's inquiry found that CBA's financial success "dulled ...

SG verdict: Choose your own adventure

KANIKA SOOD  |  FRIDAY, 20 NOV 2020
In a catch 22, the final report says keeping SG at 9.5% will shrink Australian's final retirement balances by 12-18%, but increase working-life income by 2%. Australians will retire with 12% to 18% thinner final balances if the government sticks ...