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Showing 951 - 960 of 2464 results for "Progress"

Westpac enters into court enforceable undertaking

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... deliver a disciplined step change in our management of financial and non-financial risk," he said. "While we have made progress in improving our standards, we have much more work to do, and this must be done at pace." APRA examined risk governance reviews ...

Dealer service provider adds former MLC advice firm

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
... Financial. It says three more former bank-aligned practices are set to join by year-end, with their AFSL-applications in progress. "Some institutions have voluntarily closed their dealer group businesses and, at the same time, a large number of professional ...

Council of Financial Regulators monitors ASX, cybersecurity

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
Australia's financial regulators are keeping a watchful eye on the Australian Securities Exchange (ASX) after its operational outage recently and have endorsed a plan for cybersecurity. The Council of Financial Regulators, consisting of APRA, ASIC ...

Industry fund shifts service functions to Link

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
A major industry superannuation fund has outsourced all of its service centre functions to Link Group. From 1 March 2021, Hostplus' contact centre, communications, complaints and employer servicing functions will transition to Link Group and housed ...

Super tax structure less progressive: RIR

ELIZA BAVIN  |  FRIDAY, 20 NOV 2020
The Retirement Income Review has labelled the superannuation taxation system as "flat" and less progressive than the individual income tax system. The review noted that most people pay less tax when they chose to save through their superannuation compared ...

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
... APRA gave CBA an enforceable undertaking which required a remedial action plan with an independent reviewer to check the progress. The corporate regulator said the latest report from independent reviewer showed "significant progress" in executing the ...

Super fund reappoints insurer

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... its members. "Continuing to work with TAL to maintain the cover for our members, will help keep them reassured as they progress through their career in the building and construction industries."

Court rules insurers to cover COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
... claims in Australia is likely to be limited to $5 million per occurrence. "The ICA has already taken steps to fund and progress a further test case through AFCA to provide clarity on whether policy coverage triggers in certain business interruption policies ...

AustralianSuper net-zero promise flawed: MarketForces

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
... Local Government Super and NGS also exclude investments in coal power generators like AGL. "The fund has made some good progress on decarbonising its portfolio over the past six years. However, without any interim emission reduction targets or immediate ...

Old problem needs new solution: Research

ANNABELLE DICKSON  |  WEDNESDAY, 18 NOV 2020
Financial advisers need to adopt a new approach to providing income for retiree clients, according to Allianz Retire+. Following the Reserve Bank of Australia's (RBA) latest cash rate cut, down to 10 basis points, retirees with a large allocation to ...