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Showing 1111 - 1120 of 8462 results for "Day"

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
... risk management and who don't 'walk the talk' - that is, they might say the right thing in meetings but what happens in the day to day is a different matter."

Chief economist update: Victoria's victory against the virus voided

BENJAMIN ONG  |  FRIDAY, 28 MAY 2021
... with the effects compounded by the absence of support measures like JobKeeper". If all goes well, this newly-imposed seven-day lockdown would go the same way of the five-day lockdown imposed only three months earlier (February) - short and minimal disruption ...

Criminal charges filed against ME Bank

JAMIE WILLIAMSON, KANIKA SOOD  |  THURSDAY, 27 MAY 2021
The Commonwealth Director of Public Prosecutions is pursuing criminal charges against ME Bank following an ASIC investigation. The regulator said the charges relate to contraventions of sections 12DB(1)(g) and 12GB(1) of the ASIC Act and sections 64(1) ...

Potential small carve out for annual renewal law

KARREN VERGARA  |  THURSDAY, 27 MAY 2021
... requires advisers to provide a fee disclosure statement (FDS) during the transition year that covers a 12-month period up to the day immediately before the day the FDS is provided. The problem, the AFA said, is that advisers have only one day to issue ...

ASX deputy chief executive resigns

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... after 11 years in the role and 23 years with the company. Hiom was also the group executive of business development.His last day with the ASX will be July 1. He is leaving to join fintech investor Motive Partners as an industry partner. "Peter has made ...

ASIC cancels AFSLs

ANNABELLE DICKSON  |  TUESDAY, 25 MAY 2021
The corporate regulator has cancelled the Australian financial services licences (AFSL) of two providers for failing to lodge audited financial accounts and failing to maintain an AFCA membership. Victorian-based financial services provider and mortgage ...

Advisers filter clients via ethical lens

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The rise of ethically minded financial advisers has reached the point where clients have been sacked because they do not align with their values. This is according to Zurich risk strategy specialist Adam Crabbe, who is seeing a shift in the emergence ...

Long way for super complaints overhaul

KANIKA SOOD  |  THURSDAY, 20 MAY 2021
... funds must have stronger internal dispute resolution systems but a new ASIC survey shows many are still overshooting the 45-day deadline for resolving member complaints. The new IDR rules were set out in RG 271 introduced last July. Under it, efficient ...

The secret to looking good in the media: Panel

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
... companies often fail to realise how important it is to have a trusting relationship with the media. "It amazes me in this day and age how many people don't understand it is just a human relationship," he said. Kitney offered an example of meeting ...

Budget no cure for hangover from last one

ELIZABETH MCARTHUR  |  WEDNESDAY, 19 MAY 2021
An Australian Institute of Superannuation Trustees policy expert has laid out just how much work super funds have ahead of them in dealing with the last two federal budgets. AIST head of advocacy Mel Birks updated the Conference of Major Superannuation ...