Search ResultsShowing 61 - 70 of 100+ results for Harrison Worley
Super fund invests in disability housing
HARRISON WORLEY  |  WEDNESDAY, 8 JAN 2020
A Queensland-based super fund managing more than $12 billion in retirement savings is aiming to improve the lives of locals who need physical support housing. LGIAsuper has invested in The Mews Apartments, a residential development in Woolloongabba ...
Government edges towards regulator cooperation
HARRISON WORLEY  |  TUESDAY, 7 JAN 2020
Draft legislation compelling ASIC and APRA to work with one another in overseeing the financial services industry is open for consultation. The government has taken a major step towards ensuring the cooperation of the corporate and prudential regulators ...
Government ignored ASIC over LIC carve-out
HARRISON WORLEY  |  MONDAY, 6 JAN 2020
Documents released under Freedom of Information laws reveal the government ignored ASIC's advice to not create a carve-out for LICs and LITs in the Future of Financial Advice conflicted commission ban. According to documents published last week under ...
Acadian taps CFS executive
HARRISON WORLEY  |  MONDAY, 6 JAN 2020
Acadian Asset Management has started off the New Year by boosting its local leadership team with the addition of a Colonial First State executive manager. Former CFS executive manager of deposits and investment products Mark Mukundan has joined the ...
Consultation opens for design, distribution guidance
HARRISON WORLEY  |  FRIDAY, 20 DEC 2019
The financial services industry has just over three months to influence ASIC's guidance on the new design and distribution obligations. ASIC has opened consultation on draft guidance for the new design and distribution obligation laws, which are set ...
IOOF continues leadership reshuffle
HARRISON WORLEY  |  FRIDAY, 20 DEC 2019
IOOF has made yet another change to its leadership, with two executives headed for the exit. The much anticipated IOOF senior management review initiated by new chief executive Renato Mota earlier this year has finally come to an end, with the wealth ...
Time-poor advisers to embrace model portfolios
HARRISON WORLEY  |  WEDNESDAY, 18 DEC 2019
New research from global asset manager State Street Global Advisors reveals financial advisers may shun traditional investment management tasks in a bid to spend more time on clients as mounting regulatory and compliance responsibilities take their ...
ASIC drags NAB to court for fees-for-no-service
HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
ASIC has launched civil penalty proceedings against NAB in the Federal Court over fees-for-no-service, which the bank continued to charge after the Royal Commission. The corporate regulator is seeking to find NAB made several thousand contraventions ...
More MySuper accounts close than open: APRA
HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
Latest data from APRA shows more MySuper accounts closed in the last financial year than were opened. According to APRA's annual MySuper statistics, about 2,151,403 new MySuper accounts were created in the 2018/19 financial year. However, about 2,189,859 ...
ASIC takes action against TAL over RC case
HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
ASIC has commenced proceedings against TAL Life in the Federal Court over one of the cases referred to it by Royal Commissioner Kenneth Hayne. The corporate regulator has filed a civil case against TAL, alleging the insurance giant breached the ASIC ...
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