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Showing 961 - 970 of 4620 results for "Issues"

IDII pitfalls advisers should avoid

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... irrespective of product features. IDII has caught the eye of prudential regulator APRA, forced to intervene to address many issues that questions the product's sustainability. Cameron provided some suggestions to help advisers, who might be uncomfortable ...

Why advisers must understand Retirement Income Covenant

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
... to have a retirement income strategy that complies with the Retirement Income Covenant, advisers will have to take these issues into consideration - even though the covenant doesn't specifically apply to them. He suggested that going forward, these reforms ...

Higher premiums a problem, not a trend: AFA

ANNABELLE DICKSON  |  TUESDAY, 21 SEP 2021
... market and understand what were going to be some of the challenges. We are hoping that will solve a number of sustainability issues of the current product," he said. "But the current existing product, when it becomes a closed pool, is going to deteriorate." ...

AFA chief outlines vision

KARREN VERGARA  |  TUESDAY, 21 SEP 2021
... In her first address as chief executive at the AFA's annual conference, Helen Morgan-Banda highlighted three major issues that require priority. The first is the number of older, highly experienced advisers being forced out because they cannot or ...

Adviser overwhelm explained

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... which contributed to deciding what reforms would finally come into action. In 2014, there was an inquiry into ASIC and the issues in Commonwealth Financial Planning. The same year saw the Financial System Inquiry and the parliamentary joint committee ...

Hostplus grilled on common ownership, collusion

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... After discussions with the Australian Competition and Consumer Commission at a separate hearing recently, Wilson said many issues were raised such as "the veil of corporate secrecy" and capital collusion was taking place. "You're saying that Hostplus ...

BNP Paribas launches sustainable trusts

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
... The Green Bond Trust invests in global green bonds which finance projects designed to mitigate or address climate change issues. It uses an integrated engagement approach to identify investments expected to have the most positive environmental impact. ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... The alleged contraventions concern home loan customer communications over a two year period ending September 2018. These issues were self-reported by ME to ASIC in October 2018 and remediation paid to all affected customers in 2019 was approximately ...

MUFG, First Sentier hire sustainable investment lead

ELIZABETH MCARTHUR  |  TUESDAY, 14 SEP 2021
... of responsible investment Will Oulton said. "The reports will promote critical, urgent and under-reported sustainability issues, while outlining actions the industry and broader society can take to help address these problems." MUFG and First Sentier ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... single entity," she said. MP Andrew Leigh said the Hayne Royal Commission criticised ASIC for being slow to act on emerging issues. "I worry that on common ownership, [ASIC] is making the same mistake," he said. "[Common ownership] might be a critical ...