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Showing 961 - 970 of 9560 results for "Release"

Plan to increase competitiveness of managed funds

ELIZABETH MCARTHUR  |  MONDAY, 30 AUG 2021
The federal government is rolling out its plan to increase the international competitiveness of Australia's managed funds sector. Treasury will begin consultation on finalising its Corporate Collective Investment Vehicles (CCIVs) regime. According to ...

Financial adviser levy to drop

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
... close to a third of the $3138 estimated in the regulator's 2020/21 Cost Recovery Implementation Statement. In a joint release from treasurer Josh Frydenberg and minister for superannuation and financial services Jane Hume, the government said the ...

Maritime Super criticises unfair YFYS test

JAMIE WILLIAMSON  |  MONDAY, 30 AUG 2021
Ahead of the results of the inaugural Your Future, Your Super performance test, the chief executive of Maritime Super has aired concerns over the implications of communicating with members where their fund has underperformed, particularly where that ...

APRA outlines remuneration standard

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
The prudential regulator released its final standard for remuneration across superannuation, banking and insurance which could see individuals lose their bonus in the event of poor risk conduct. Cross-industry Prudential Standard CPS 511 Remuneration ...

ASIC to ease hardline stance

KARREN VERGARA  |  FRIDAY, 27 AUG 2021
The federal government is expecting ASIC to tone down its regulatory powers even though the Hayne Royal Commission exposed its ineffectiveness at enforcing corporate law. Federal treasurer Josh Frydenberg overnight released a new set of expectations ...

Superannuation assets hit $3.3tn

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
... declined 5.3 per cent, and pension payments ($38.6 billion) declined 5.8 per cent representing normalisation to pre-Early Release Scheme levels," APRA said. APRA said it will release the Quarterly MySuper Statistics for the June 2021 quarter on August ...

Emmi appoints head of business development

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 AUG 2021
... the level of market interest we've receiving from Australia and globally," Emmi founder Michael Lebbon said. "With the release of the IPCC report, we only expect enquiries to go up. It made sense that one of our first strategic hires would be someone ...

Actuaries Institute releases retirement policy review

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Over 200 actuaries provided feedback for a new policy paper from the Actuaries Institute which is recommending a superannuation guarantee rate of 10-12%, earlier access to retirement savings and disincentives for pension lump sums and bequests. Securing ...

APRA expands life insurance data reporting

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... will publish more of life insurance data across its quarterly statistical reports. The prudential regulator said it will release more of the life insurance and general insurance data it collects in a bid to promote greater transparency and efficiency ...

World Pension Alliance condemns COVID early release

KANIKA SOOD  |  THURSDAY, 19 AUG 2021
... mechanisms. This would leave almost six million residents without any retirement savings. In Australia, the total COVID early release withdrawals of $36.4 billion during 2020 were a smaller fraction of total superannuation assets of $3 trillion, than ...