BEAR regime must extend entire industry: MedcraftBY JAMIE WILLIAMSON | WEDNESDAY, 13 SEP 2017 12:03PMThe conduct and culture within Australia's big banks is a major problem and the Government's proposed executive accountability regime is a step in the right direction - though it may not go far enough, ASIC chairman Greg Medcraft said. Related News |
Editor's Choice
CFS distribution executive steps down
After more than seven years at Colonial First State, the firm's group executive for distribution will leave before the end of the year.
Jobs data 'final nail in the coffin' for rate rise
After a surprise 51,000 employment drop in July, jobs rebounded by a solid 39,500 in August, leading economists to believe the RBA will be forced to hike interest rates this month.
Soul Patts records 'landmark' year after merger
Washington H. Soul Pattinson saw its profit climb over 500% in the 12 months to July 31, as the ASX-listed manager continues to anticipate strong performance in the current financial year.
ASX still falling short of RBA's expectations
The Reserve Bank's annual assessment of the ASX found it is still not meeting expectations in several important areas, including governance, operational resilience and risk management.
Further Reading
Products
Expert Feed
When geopolitics becomes a portfolio risk
Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.
Does association membership still matter?
With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...
Digital assets and where they stand in 2026
So far in 2026 digital assets have captured the headlines largely for the wrong reasons, but that doesn't tell the full story.
Rethinking default design in a changing market environment
The evolution underway in the US DC system highlights the value of periodically reassessing default design assumptions.
Featured Profile
Rachel Alembakis
STEWARDSHIP MANAGER
UNITING ETHICAL INVESTORS LIMITED
UNITING ETHICAL INVESTORS LIMITED
As a highly respected journalist, Rachel Alembakis helped push sustainable investing on the agenda long before it was mainstream. Now, she's stepped into the arena to shape the industry from within. Karren Vergara writes.
The Financial Standard podcast Tune in each week as we discuss the latest developments in Australia's wealth management industry. |  |
