Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 851 - 860 of 3398 results for "Response"

Consumers lose out on IP changes

KARREN VERGARA  |  MONDAY, 27 SEP 2021
... reduced on new policies. Life insurers such as TAL and ClearView have recently launched new income protection products in response to the reforms. Meanwhile, NobleOak's benefit limits will decrease from up to 75% in cover to 70%, in the first two years ...

CFS adds to managed account offering

ANNABELLE DICKSON  |  MONDAY, 27 SEP 2021
... Core and Morningstar Active and an additional six from Zenith Active. CFS said the portfolios have been developed in response to feedback from advisers seeking quality investment solutions at a lower cost. "Through our new arrangements we're packaging ...

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... onset of the coronavirus pandemic. The Senate Economics Legislation Committee's Inquiry into the Coronavirus Economic Response Package Amendment (Ending JobKeeper Profiteering) Bill 2021 on September 10 revealed that the ATO overpaid $470 million. ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
An overwhelming number of financial advisers are recommending exchange-traded funds to clients in place of active management strategies, according to a VanEck survey. After canvassing 547 financial advisers, VanEck's 2021 Australian Smart Beta Survey ...

Former Macquarie chief to head ASIC, APRA regulator

ANNABELLE DICKSON  |  FRIDAY, 10 SEP 2021
... chief executive and country head of Bank of America Merrill Lynch (Australia). The government established the FRAA in response to recommendations 6.13 and 6.14 of the Hayne Royal Commission. Recommendation 6.13 is to subject APRA and ASIC to a capability ...

Super funds not ready for IDR

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
An ASIC survey of super funds about their preparedness for the new enforceable internal dispute resolution (IDR) obligations identified areas of weakness. The specific areas identified by the regulator as needing improvement include attention to governance ...

AMP tweaks executive lineup

JAMIE WILLIAMSON  |  FRIDAY, 3 SEP 2021
... within the company, Helen has played an important leadership role through challenging circumstances, supporting AMP's response to the global pandemic and resetting its cultural agenda," AMP said. Replacing her is current group director, people and ...

Why are YFYS test scores a secret?

KANIKA SOOD  |  THURSDAY, 2 SEP 2021
... tool is really the tool for people to turn to, to look at the performance and [for] comparing products," she said in response to the question. "The actual results of the test, we didn't want to make it confusing for consumers. So, we published what ...

Wayne Swan to chair Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
... the Global Financial Crisis, and was named Finance Minister of the Year in 2011 thanks to Australia's successful response to the crisis. He also acknowledged outgoing Cbus chair Bracks, saying: "I wish to pay special tribute to the enormous contribution ...

ASIC to ease hardline stance

KARREN VERGARA  |  FRIDAY, 27 AUG 2021
... independently in its regulatory functions, including enforcement actions, supervisory activities and licensing decisions." In response, ASIC said it will identify and pursue ways to "maintain and improve the fair and efficient operation of capital markets ...