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Showing 911 - 920 of 3398 results for "Response"

Advisers to go forth with claims handling

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
... handling, following a submission outlining issues. The government passed Financial Sector Reform (Hayne Royal Commission Response) Act 2020 in December 2020 and required AFSLs to include an authorisation to assist with insurance claims. However, the ...

FPA launches file note guidance

ELIZABETH MCARTHUR  |  MONDAY, 26 APR 2021
... the need for better record keeping. Its new guidance is aimed at helping FPA members better manager record keeping in response to consumer complaints which have highlighted gaps in records. The FPA said its new guidance provides innovative ways for financial ...

IOOF licensees to take remedial action

JAMIE WILLIAMSON  |  MONDAY, 26 APR 2021
... of client files from Bridges and 17% of files from RI Advice contained indications of potential client detriment. In response, IOOF has agreed to develop and implement action plans for both licensees to address the findings and review and remediate clients ...

APRA releases draft climate change guidance

RACHEL ALEMBAKIS  |  FRIDAY, 23 APR 2021
... able to provide evidence of its ongoing oversight of risks that they deem to be material. APRA has developed CPG 229 in response to requests from industry for greater clarity of regulatory expectations and examples of better industry practice. Better ...

ASIC opens breach reporting consultation

ANNABELLE DICKSON  |  THURSDAY, 22 APR 2021
... guidance is based on reforms made to the breach reporting regime under the F inancial Sector Reform (Hayne Royal Commission Response) Act 2020 and expand and clarifies the types of situations that must be reported to ASIC. The reforms, which are expected ...

Afterpay reveals US plans, economic impact

JAMIE WILLIAMSON  |  WEDNESDAY, 21 APR 2021
With consumers in the US now contributing the most to Afterpay's business, the BNPL provider has set in motion plans to list there as new research shows the economic impact of the service. Revealed in a quarterly update yesterday, Afterpay is working ...

Rest launches low-cost SRI option

JAMIE WILLIAMSON  |  TUESDAY, 20 APR 2021
The $59 billion super fund has launched the responsible investment option Financial Standard revealed it was working on late last year, introducing one of the lowest cost SRI vehicles in the market. Rest's 1.7 million members will now have access to ...

Nuveen APAC lead exits

KARREN VERGARA  |  MONDAY, 19 APR 2021
... sustainability for its subsidiary Westchester Group Investment Management. Based in London, she supports Westchester's response to rising investor demand for carbon neutral portfolios, providing scalable, natural solutions to counter climate change ...

Granny flat tax exemption to become law

ANNABELLE DICKSON  |  MONDAY, 19 APR 2021
... measure to prevent elder abuse in the 2017 Australian Law Reform Commission's report Elder Abuse - A National Legal Response. The report found that current tax arrangements have been a deterrent, in some cases, to families establishing a formal and ...

Tech, behavioural science to engage clients

ANNABELLE DICKSON  |  WEDNESDAY, 14 APR 2021
Wealth managers and financial advisers are encouraged to use technology and behavioural tools to assist clients in making better financial decisions, according to behavioural finance experts. Oxford Risk said blending technology and behavioural science ...