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Showing 941 - 950 of 2194 results for "Framework"

BABL named, shamed over Great Southern

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 SEP 2020
... Southern Loan business unit was found to be largely segregated from broader BABL operations and to have an inadequate framework to cope with a large influx of collections activity. The BCCC concluded that the bank's lack of oversight led to a failure ...

ASI bolsters SMA service

ANNABELLE DICKSON  |  MONDAY, 28 SEP 2020
Aberdeen Standard Investments has added two financial planning firms to its separately managed accounts (SMA) service. Futuro Financial Services and Profusion Planning have joined the SMA service, which has goals-based models and manages 18 multi-asset ...

Morningstar ratings tally for global equities

KANIKA SOOD  |  FRIDAY, 25 SEP 2020
... global equities managers has resulted in 12 upgrades and 21 downgrades, as it takes into account its new analyst rating framework from last year. This round of reviews includes Morningstar changes to analyst rating framework from October last year, which ...

More clarity on life insurance best interest duty needed: Research

ELIZA BAVIN  |  FRIDAY, 25 SEP 2020
... policyholders are then likely to not maintain cover." The report, which includes findings, recommendations, and a paper on the framework for a 'reference product' for risk and uncertainty assessment, involved input from over 40 actuaries, and discussions ...

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
The government has announced a raft of reforms to reduce barriers to Australia's credit framework as a means to boost the economy. The reforms will remove the responsible lending obligations from the National Consumer Credit Protection Act 2009 aiming ...

Government increases fees for foreign investment

ANNABELLE DICKSON  |  MONDAY, 21 SEP 2020
Treasury has announced another tranche of reforms to the Foreign Investment Review (FIRB) Framework. The latest reforms amend the fee framework, increasing fees for foreign investment applications for commercial businesses, agricultural land and residential ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ...

Advice too expensive, hard to access: FPA

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
New research has revealed COVID-19 has altered Australian spending behaviour, with more households in a fragile financial position than ever before and facing reduced access to financial advice. The research from CoreData, presented at the Financial ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
... content of financial services providers' obligations, but instead to facilitate a more adaptive, efficient and navigable framework within the existing settings. "The ultimate goal is to achieve meaningful compliance with the substance and intent of the ...

Former energy minister nabs role at investment group

ALLY SELBY  |  THURSDAY, 3 SEP 2020
Former ACT deputy chief and energy minister Simon Corbell has been appointed as the chair of an institutional investment advocacy body. Corbell will chair the Clean Energy Investor Group, an advocacy body representing domestic and global institutional ...