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Showing 991 - 1000 of 4100 results for "Conduct"

QIC appoints chief investment officer

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... retire after nearly a decade leading QIC as chief executive. QIC has appointed global executive search firm Egon Zehnder to conduct a global search for a replacement for Frawley. QIC's total assets at June end were $93 billion.

APRA outlines remuneration standard

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... 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 (CPS 511) has been released in an effort to drive better ...

NAB fined $18.5m over misleading fee disclosure

JAMIE WILLIAMSON  |  THURSDAY, 26 AUG 2021
... Justice Davies said: "This penalty is higher than the penalty proposed by NAB, reflecting my view that the contravening conduct was not at the lower spectrum of seriousness..." Over the course of the action, which was commenced in December 2019, NAB ...

ASIC outlines corporate plan

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
The corporate regulator will be focusing on economic recovery, reducing consumer harm, cyber security and industry compliance over the next four years in order to strengthen the financial system. ASIC's 2021-25 Corporate Plan focuses on economic recovery ...

Fear of greenwashing worse than reality: Report

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 AUG 2021
With much hysteria around greenwashing as ESG becomes increasingly important to investors, S&P has issued a new report theorising concern about greenwashing is often misplaced. In the report, S&P noted that greenwashing or sustainability-washing concerns ...

Pandemic stokes investor appetite

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
The COVID-19 pandemic has had a paradoxical effect on investors, according to new research, increasingly the willingness of existing investors to invest further despite uncertainty about the future. This is according to a new white paper from Calastone ...

Westpac cops $10.5m fine

ANNABELLE DICKSON  |  TUESDAY, 24 AUG 2021
ASIC has ordered Westpac to pay a $10.5 million fine after the High Court's decision that found two Westpac subsidiaries provided unlicensed personal financial advice. Westpac Securities and BT Funds Management were found to have breached their ...

80% of instos find sustainability difficult

ELIZABETH MCARTHUR  |  MONDAY, 23 AUG 2021
A survey of institutional investors, representing $26.8 trillion in assets, conducted by Schroders has found 80% of global institutional investors find sustainability challenging. Schroders surveyed 750 institutional investors, including 205 in Asia ...

Three-month relief proposal gains traction

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
The relief that will allow financial advisers to sit the November examination regardless of their last sitting is closer to becoming official. The Financial Advisers Standards and Ethics Authority announced yesterday that the Corporations (Relevant ...

Halifax auditor to cough up fines

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... appropriate tests to identify material misstatements in the accounts, while Evett failed to take responsibility for the overall conduct of the audits and did not ensure that staff had the skills to conduct the audit. The court found that if the audits ...