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Showing 71 - 80 of 2508 results for "Regulation"

Frontier calls for better unlisted asset valuations

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
Frontier Advisors is collaborating with Australian asset owners to hold fund managers to account regarding the accurate valuation of unlisted assets. The consulting firm was spurned to action amid robust growth in the superannuation sector, with an ...

RIAA chief executive to exit

ROSE MARY PETRASS  |  FRIDAY, 30 JUN 2023
After serving as chief executive of the Responsible Investment Association Australasia (RIAA) for more than 10 years, Simon O'Connor is leaving at the end of this year. O'Connor took the position in February 2013, leaving environmental non-profit ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... profession. "This breaches one of the major principles of the industry funding model, that those who create the need for regulation should bear the primary cost. The moral hazard involved in this is of great concern and a fundamental flaw in the design ...

Asset managers ride the storm: Research

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... years. "Solving for international challenges must be handled hand in hand with external challenges," the report stated. "Regulation is always a top-of-mind challenge given the constant flow of new rules, but recent market events have shifted the focus." ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... Glasby and Paul Carcallas, were both banned by ASIC for 10 years. Asher urges the government to immediately update the regulation to explicitly permit trustees to include lifetime annuities. "The QAR suggestion is that financial institutions including ...

Small super funds admonish APRA

ANDREW MCKEAN  |  FRIDAY, 23 JUN 2023
... of these requirements on their entities' financial management. In a damning reflection of the perceived costs of regulation, a mere 6% of superannuation and trustees agreed that changes to APRA's prudential framework have sufficiently accounted ...

ALRC to simplify, restructure advice laws

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... Reform Commission's (ALRC) third and final interim report is proposing to restructure and simplify financial advice regulation after finding the industry is regulated very differently to other financial services sectors. Interim Report C wants to ...

ASIC flags AI regulation remit

KARREN VERGARA  |  TUESDAY, 20 JUN 2023
ASIC flagged it will take a formidable role in regulating how artificial intelligence will impact the securities and corporate sectors. ASIC chair Joe Longo unveiled much of the regulator's agenda in the short term, with AI taking up a "high and important ...

Consultation opens on NALI reforms

ANDREW MCKEAN  |  TUESDAY, 20 JUN 2023
The government has proposed several changes to the non-arm's length income (NALI) regulations, which are set to affect self-managed superannuation funds (SMSFs) and small APRA-regulated funds (SAF). The Treasury Laws Amendment (Measures for Consultation) ...

SMSF advisers navigate new regulation: Survey

CHLOE WALKER  |  FRIDAY, 16 JUN 2023
... super balances over $3 million. Only 2% have done so without the indexation of the transfer balance cap. "Fast changing regulation has exacerbated the complexity of the superannuation system and continues to pose a great challenge for SMSFs," Investment ...