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Showing 1001 - 1010 of 3483 results for "Compliance"

Credit Suisse confirms multibillion-dollar loss

JAMIE WILLIAMSON  |  WEDNESDAY, 7 APR 2021
... said. In announcing the hit, Credit Suisse also confirmed investment bank chief executive Brian Chin and chief risk and compliance officer Lara Warner stepped down. Warner's departure was immediate, while Chin will remain in his role until the end of ...

Rice Warner acquired by Deloitte

KANIKA SOOD  |  THURSDAY, 1 APR 2021
... assistance and actuarial (financial modelling and defined benefits); Life insurance (benchmarking, tenders, product design, compliance and reporting).

ASIC sues CBA over monthly fees

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... first breach reports in May 2019. "ASIC commenced this proceeding because financial institutions need to have robust compliance systems to meet their obligations to customers," the regulator said. "Financial institutions need to put customers first ...

Why advisers don't recommend annuities

KANIKA SOOD  |  WEDNESDAY, 31 MAR 2021
... protect themselves against outliving their retirement savings. "There needs to be a greater balance between comprehensive compliance and giving advisers the freedom to provide advice in a meaningful and engaging way with clients." The Orford Initiative ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
... of limited or scaled advice compared to holistic advice and wanting to be able to provider a cheaper service but the compliance costs are too high. "The industry has a cost and it's starting to increase which has a flow on effect to the consumer," Hodge ...

Morningstar releases DDO solution

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... obligations fast approaching, Morningstar has released a new solution. "The most meaningful way to keep regulatory compliance costs low for industry participants and consumers is in the taxonomy used to describe a Target Market Determination (TMD)," ...

Kelly O'Dwyer joins EQT board

KANIKA SOOD  |  MONDAY, 29 MAR 2021
... a focus on economic and tax policy, Australia's financial regulatory framework, corporate governance, risk and compliance, and significant leadership experience. "Her experience in reforming the superannuation system and financial services, and her ...

Westpac considering NZ demerger

ANNABELLE DICKSON  |  THURSDAY, 25 MAR 2021
... commission independent reports into its risk governance and liquidity risk management. "We have experienced ongoing compliance issues with Westpac NZ over recent years, most recently involving material failures to report liquidity correctly, in line ...

Industry fund chief steps down

KARREN VERGARA  |  TUESDAY, 23 MAR 2021
... that would attract other funds to the platform. We have built a complete solution that delivers efficiencies, improves compliance and transparency, and frees up fund managers and promoters to focus on growth and their members," he said. The merger is ...

ASIC praises super trustees

ELIZA BAVIN  |  TUESDAY, 23 MAR 2021
... non-compliant because of issues with procedures and record keeping." ASIC said despite some of its assessments showing non-compliance, it did not identify any serious consumer detriment.