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Showing 921 - 930 of 4167 results for "Action"

APRA to improve strategic planning, member outcomes rules

JAMIE WILLIAMSON  |  MONDAY, 1 AUG 2022
... resources. APRA is proposing licensees adopt and clearly articulate financial management related performance measures, action plans, objectives and targeted outcomes for members. They should also monitor the adequacy of financial resources in relation ...

KPMG spotlights super's biggest challenges

ANDREW MCKEAN  |  FRIDAY, 29 JUL 2022
... and to prove it can provide objective evidence of third-party data tax controls. "Large funds should already be taking action based on the earlier STAR recommendations from the ATO, particularly in respect of matters for which they received a red flag ...

UK regulator confirms Consumer Duty

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... taken reasonable steps to meet them, making it easier for the FCA to identify those that aren't meeting the Duty and take action. "The current economic climate means it's more important than ever that consumers are able to make good financial decisions. ...

ASIC issues first DDO stop orders

JAMIE WILLIAMSON  |  THURSDAY, 28 JUL 2022
... targeted way. Where firms are not doing the right thing and there is potential for consumer harm, ASIC can now take quick action to disrupt poor conduct and prevent harm," ASIC deputy chair Karen Chester said. She added that the industry has had sufficient ...

Office for Women combats financial abuse

ANDREW MCKEAN  |  WEDNESDAY, 27 JUL 2022
... understand how its financial products may be used in the financial abuse of women. The new resource, Guide to prevention and action on financial abuse within the financial services sector, aims to support women's financial safety, developing and ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
Suncorp is set to pay $33 million to settle a class action brought by superannuation members in 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 on behalf of Suncorp Super ...

Net zero commitments in ASX200 companies doubles

CASSANDRA BALDINI  |  MONDAY, 25 JUL 2022
... plan, investors are generally looking for companies to demonstrate the plan is credible, ambitious and is backed by real action.

Fraud charges laid over unlicensed scheme

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
... regulator further alleged that of the $36.5 million, one investor was defrauded $10 million by investing with Marco. ASIC took action in the Federal Court to wind up the unregistered managed investment scheme operated by Marco and AMS Holdings (WA) Pty ...

Warakirri welcomes non-executive director

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
Warakirri Asset Management has appointed former VFMC chief executive Warren Lee as a non-executive director. Lee has over 30 years of experience in the financial services sector both domestically and internationally. He previously held chief executive ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
APRA has said it intends to issue draft guidance on how super funds can demonstrate clear understanding of ESG risks, manage those risks, and reflect ESG considerations in investment strategy. Responding to submissions to its consultation process for ...