Outsourcing risk worries APRABY BEN COLLINS | FRIDAY, 21 SEP 2012 11:25AMConcern over banks increasing their use of overseas outsourcing without appropriate due diligence, has been flagged by the Prudential Regulation Authority in its Insight paper, published earlier in the week. |
Editor's Choice
Praemium's new leadership toughens earnings yardstick
Praemium's new leadership will be keeping a close eye on costs, with new chief executive Denis Orrock noting he will make sure the technology upgrade underway translates into stronger earnings and better returns for shareholders.
Australian Ethical FUM drops by $70m
Australian Ethical saw a net outflow of $100 million in its investment business in the first quarter of the financial year.
Perennial expands wholesale offer for pre-IPOs
Perennial Partners is launching a new strategy for wholesale investors to capitalise on global pre-IPO opportunities, requiring a minimum investment of $100,000.
Macquarie wealth investment chief to depart
Macquarie chief investment officer for wealth will take on a new role at a New Zealand-based investment management firm after serving in the position for close to three years.
Further Reading
Products
Featured Profile

David Sharpe
CHAIRMAN
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
FINANCIAL ADVICE ASSOCIATION AUSTRALIA
A family man, business owner, cricket fanatic and financial adviser, David Sharpe has many facets. One of his biggest legacies, as he steps down as chair of the Financial Advice Association Australia, is leaving the profession stronger than he found it.







These countries have no idea of DR or security and yet our so called leaders keep saying the Australian workforce is too expensive or we don't have the expertise......total and utter horse feathers. These people continually spin this line so as to justify their poor management and exorbadent wage.
The sooner APRA get some cahones and start doing their jobs the better, else best buying your own safe.