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
Australia's retirement system receives first A-grade
|Australia's retirement system has finally received an A-grade rating in the annual Marsh CFA Institute Global Pension Index after stagnating at the B+ level for the last five years.
Brighter Super changes up investment, insurance fees
|Not-for-profit fund Brighter Super has introduced numerous changes to its fees, decreasing investment fees while increasing insurance costs.
Channel Capital wins distribution mandate
|Channel Capital has been appointed by Coller EQT to distribute, promote and service investor support to the two secondaries strategies currently available in Australia.
Perpetual asset management outflows hit $9.6bn
|Perpetual's asset management business recorded $9.6 billion in net outflows during the September quarter, weighing on funds under management as its Corporate Trust Division reached a record $1.4 trillion in funds under administration.
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.