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Showing 1091 - 1100 of 4621 results for "Issues"

APRA closes Westpac probe

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... anti-money laundering and counter-terrorism laws. APRA's investigation examined the bank's actions to rectify and remediate the issues after they were identified. In June last year, APRA delegated certain enforcement powers under the Banking Act to ASIC ...

Frontier zeroes in on poor culture

KARREN VERGARA  |  THURSDAY, 11 MAR 2021
... putting investment managers on notice, warning them to expect a tougher appraisal of how they manage cultural and governance issues. While it has always assessed and considered culture when it formulates manager ratings and recommendations, the asset ...

Pandemic boosts scam complaints

ANNABELLE DICKSON  |  THURSDAY, 11 MAR 2021
... financial firms reach an agreement. "It's vital that consumers and financial service providers work together to resolve issues quickly," Untersteiner said.

Allianz to rectify past deficiencies

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... (CEU) from Allianz acknowledging its past risk and compliance weaknesses and committing to finish rectifying the serious issues. "The CEU commits Allianz to completing a series of transformation programs that relate to risk maturity, compliance, conduct ...

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... sluggishness into investigating the fund, particularly as Woodford claimed that the regulator was made aware of going-concern issues since 2018. Link Group did not respond to our request to provide comments for this article.

Women hit hardest by pandemic

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... toll on their mental health compared to men, new research shows. Two in three women tended to suffer from mental health issues compared to half of men, according to SuperFriend's latest wellness at work research, which canvassed over 10,300 workers ...

Westpac best for ESG reporting in Australia: Report

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... best in the world for ESG reporting. It was the highest-ranked company in the ASX 50 for levels of transparency on ESG issues, according to the Currie Global ESG Monitor (GEM) study. The positive ESG result for the bank may be surprising given Westpac ...

Adviser levy to increase by 160%

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... is losing thousands of advisers a year (just over 20,000 remain on the ASIC Financial Adviser Register now) - highlights issues with the funding model and will cause more advisers to exit the industry. The group says the funding model doesn't account ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... the Statewide leadership team, including the chief executive and chief risk officer, apparently first became aware of the issues with Acurity in January 2017. A breach report lodged by Statewide with ASIC in September 2019 identified the issue impacting ...

AMP launches new intra-fund advice offer

ELIZABETH MCARTHUR  |  THURSDAY, 4 MAR 2021
... a phone-based service that aims to provide members with a simple, fast conversation that might help them clear up some issues around retirement goals and options. AMP said its own financial wellness research indicates 44% of Australians are concerned ...