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Showing 841 - 850 of 9559 results for "Release"

Proxy advice reforms defeated

RACHEL ALEMBAKIS  |  FRIDAY, 11 FEB 2022
The Senate has overturned proxy advice reforms announced at the end of last year, three days after the new regime had begun. On a vote of 29 votes to 25, the Senate disallowed the new regulations that were announced by Treasurer Josh Frydenberg in December ...

Mine unions pressure funds over Rio

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
Mining unions are applying pressure to super funds over alleged bullying and harassment at Rio Tinto revealed in a recent report. The Western Mine Workers' Alliance (WMWA), an agreement between the Australian Workers' Union (AWU) and the Mining and ...

Retirement Income Covenant, CCIV reforms pass

KARREN VERGARA  |  FRIDAY, 11 FEB 2022
... This must be presented in writing and made public from 1 July 2022. Senator Jane Hume said trustees are not required to release all components of their strategy by this date. "Instead, strategies are expected to evolve and develop over time, and it has ...

AMP reports $252m loss

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... performance. Underlying net profit after tax, however, was up 53% to $356 million, boosted by AMP Bank earnings and the release of provisions, together with performance fees earned by AMP Capital. AMP's Australian wealth management business, which ...

Inflation hitting retiree budgets: ASFA

CHLOE WALKER  |  THURSDAY, 10 FEB 2022
... low-income earners have been impacted by the acceleration of price increases, COVID-19 and policies such as the early release of super. "It is crucial that the government addresses the repair of people's retirement budgets as we start to see the ...

CFA releases disappointing pass rate

KARREN VERGARA  |  MONDAY, 7 FEB 2022
Only 27% of candidates who sat the latest Chartered Financial Analyst (CFA) level one exam passed. The November exam, which had 28,170 aspiring investment management professions undertaking the session, saw a marginal improvement compared to the May ...

APRA to continue scrutiny of trustees

JAMIE WILLIAMSON  |  WEDNESDAY, 2 FEB 2022
The prudential regulator has outlined its policy and supervision priorities for 2022, saying its prime focus is rectifying sub-standard industry practices and eradicating unacceptable product performance. Released yesterday, APRA said it will continue ...

Risk, compliance salaries soar: Data

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
A shallow talent pool means risk and compliance professionals are a hot commodity in 2022, as data shows entry-level salaries having increased by a whopping 66% since the Royal Commission. According to Kaizen Recruitment, this year continues to see ...

Members lean on super for financial hardships

KARREN VERGARA  |  TUESDAY, 1 FEB 2022
... retirement savings because of financial hardship spiked in June 2020, thanks to government incentives such as the Early Release of Superannuation Scheme, reaching $826 million. The following financial year, some $658 million was released based on financial ...

Education reforms are promising: SAFAA

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
The Stockbrokers and Financial Advisers Association argues that potential reforms to education standards will put the industry on a level playing field with other professions. In its submission to the federal government's proposal to reset education ...