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Showing 91 - 100 of 276 results for "Accountable"

APRA slaps extra conditions on Avanteos

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... legal obligations," Rowell said. "However, by imposing additional licence conditions, we are ensuring Avanteos is held accountable, and that any ongoing weaknesses in governance or internal controls are identified and remedied. That is especially important ...

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... its affairs with skill and diligence and cooperate with APRA, as well as a second set of obligations that relate to "accountable persons"; ensuring the liability of senior executives. "There are various people designated by Westpac under the act as accountable ...

Update on FASEA code guidance on the way

ELIZABETH MCARTHUR  |  FRIDAY, 29 NOV 2019
... as they can but they are not the ones who will ever enforce one standard of the code or hold one financial planner accountable to the code. "Therefore their interpretation of the code becomes almost irrelevant once this thing really goes live." Glenfield ...

FASEA compliance has silver lining

KANIKA SOOD  |  FRIDAY, 29 NOV 2019
... code applies to practitioners, not licensees. "You want to be able to protect yourself by holding them [licensees] accountable to high standards."

Brian Hartzer steps down from Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... taking over as acting chief executive from December 2. Hartzer said: "As chief executive I accept that I am ultimately accountable for everything that happens at the bank. And it is clear that we have fallen well short of what the community expects of ...

How personality tests add value in advice

ELIZABETH MCARTHUR  |  THURSDAY, 21 NOV 2019
... to rest and reflect is your last priority then we can work out how to put that into your calendar. We can hold you accountable." Scifo and Goldberg's particular breed of personality testing is a customised version of the objective personality typing ...

ASIC to survey whistleblower policies

ELIZA BAVIN  |  THURSDAY, 14 NOV 2019
... wrongdoing and by deterring people from doing the wrong thing. "They play a crucial role in achieving a more fair and accountable corporate environment." In addition, ASIC said it is granting relief to public not-for-profit companies or charities with ...

Westpac chief believes in financial advice

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... financial services sector identified by the Hayne Royal Commission, it is important that financial institutions are held accountable and to ensure that they make the crucial improvements needed to start restoring trust in our financial institutions." ...

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... sentence handed down demonstrates that promoters who encourage illegal early access to superannuation will be held accountable. "While the majority of SMSFs do the right thing, this case serves as a reminder that there are severe penalties for those ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
... superannuation system. The organisation is promising to "keep the industry on its toes": "Trustees need to be held accountable for decisions that end up costing members money," O'Halloran said. A survey conducted by Super Consumers Australia showed ...