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Showing 1 - 10 of 674 results for %22Member Banks%22

AMP launches alternative debt fund

ELIZA BAVIN  |  WEDNESDAY, 8 MAY 2024
... two external managers. The fund will provide exposure to credit risk transfer by purchasing credit risk notes from issuing banks insuring the first loss on a diversified pool of high-quality loans, providing regulatory capital relief to the banking institution ...

The risks and opportunities in advice: SIAA

KARREN VERGARA  |  TUESDAY, 30 APR 2024
... (QAs) who will not be financially incentivised. Many believe that super funds will have a leg up over life insurers and banks once financial advice expands to other service providers. "We're very supportive of the reforms. We've been working ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... Australian banking system. The banking sector has a few large participants and a handful of smaller, competitively differentiated banks and other financial institutions, such as building societies and credit unions, that have maintained long-term market ...

ASIC cracks down on scammers

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... how banks support First Nations consumers to access low-fee accounts, and how superannuation trustees deliver important member services, such as how they handle death benefits claims," Longo said. "We will continue to work to ensure the financial system ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... said. Super funds have been able to provide intra-fund advice since 2013 and as they continuously invest in upgrading their member services infrastructure, an enhanced financial advice offering can leverage off these. KPMG partner Linda Elkins sees super ...

Reforms will strengthen retirement advice: Experts

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... Stephen Jones revealed the first two tranches of the QAR reforms. The second phase proposes opening financial advice to banks, super funds, and insurers. On the point that accountants appear to be missing from the Delivering Better Financial Outcomes ...

Claremont Global launches ETF range

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
... consistent earnings power, strong balance sheets and diversity in products and services," Desmond said. Claremont Global is a member of E&P Financial Group. It has an investment team of six people.

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... these dimensions would be very useful." Elsewhere, APRA expects to finalise the updated SPS 515 Strategic Planning and Member Outcomes guidance in the coming months and will also review RSE licensees' self-assessments in relation to the Retirement Income ...

Final QAR reforms open door to super funds

CASSANDRA BALDINI  |  THURSDAY, 7 DEC 2023
... this particular proposal, saying: "Conflicts of interest remain real in any financial advice model which is provided by banks, super funds or insurers. What we don't want is product sales dressed up as 'advice'. We look forward to participating ...

Payday super timing, deliberate: Chalmers

CASSANDRA BALDINI  |  TUESDAY, 5 DEC 2023
... independent consultant and adviser Stephen Huppert said pushing back the start date is a little bit disappointing due to the member impact. "I suspect the main thing is to keep the employers happy," he explained in a recent episode of the Financial Standard ...
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