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Showing 931 - 940 of 4620 results for "Issues"

APRA questions trustees on financial resilience

CHLOE WALKER  |  MONDAY, 22 NOV 2021
... paper is the management of reserves. APRA said through the course of its supervisory activities it has identified several issues in this space, meaning improvements need to be made. Some of the issues identified include RSE licensees not being sure of ...

BlackRock Australia expands client distribution team

CHLOE WALKER  |  THURSDAY, 18 NOV 2021
... designated whole portfolio solutions client specialist, Haban-Beer Stats will act as a thought leader on the important issues facing BlackRock's diverse client base, including embedding sustainability considerations in the portfolio construction ...

ASIC launches remediation review

KARREN VERGARA  |  WEDNESDAY, 17 NOV 2021
A new ASIC review will force licensees to improve identifying remediation issues and rectify and compensate consumers sooner. The corporate watchdog launched a new consultation with the advice industry to ensure that AFS licensees act efficiently, honestly ...

E&P Financial Group director steps down

ANNABELLE DICKSON  |  WEDNESDAY, 17 NOV 2021
... representative given his decade-long involvement with the group. He joined to assist the company with the corporate and regulatory issues it was facing," E&P executive chair David Evans said. "With the settlement of the ASIC proceeding (subject to court ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... Superannuation Industry (Supervision) Act 1993 (SIS Act). According to documents, the CEU does not intend to deal with issues that are currently the matter of Federal Court Action, such as the continued charging of insurance premiums and financial advice ...

Governance tops ESG priorities: Study

KARREN VERGARA  |  FRIDAY, 12 NOV 2021
... social and governance factor. Australian and New Zealand managers on the other hand believe climate risk and environmental issues are the most pressing concerns, yet only a minority (14%) said environmental concerns drive investment decisions. Despite ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
Retirees continue to bear the brunt of an expensive retirement fuelled by global supply chain issues. Retired couples and singles saw living expenses in their twilight years rise 1% in the September quarter, the latest Association of Superannuation ...

ASIC issues warning to finfluencer sponsors

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
Corporate regulator ASIC is warning corporations that pay finfluencers to advertise products and services about potential breaches of financial advice laws. ASIC commissioner Cathie Armour said some listed companies are flocking to finfluencers for ...

AMP continues to lose ESG investors

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... consecutive quarter. According to a new Morningstar note, AMP lost $69 million over the September quarter thanks to corporate issues at parent company AMP and investment team departures at AMP Capital. On November 5, Moody's dropped its ratings on ...

Crypto ETF breaks trading record

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... million set in March 2021. The fund opened at $11.25 per unit and closed at $11.19 at the end of the day. With 400,000 on issues, net assets currently stand at about $4.4 million. CRYP provides an exposure to a portfolio of global companies at the forefront ...