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Showing 101 - 110 of 906 results for "Deputy Chair"

Vanguard cops fine for greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 2 DEC 2022
... sales." "Greenwashing is not limited to environmental claims but extends to misleading ethical propositions," ASIC deputy chair Sarah Court said. "Entities which seek to promote ethical investing must ensure their statements are accurate and able to ...

ASIC case against Commonwealth Bank dismissed

CASSANDRA BALDINI  |  WEDNESDAY, 30 NOV 2022
... to ensure that the financial services covered by its licence were provided efficiently, honestly and fairly. ASIC deputy chair Sarah Court said: "ASIC pursued this case because we believed CBA did not have robust compliance systems to ensure customers ...

Marketing oversight must improve: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... fund marketing. "We expect responsible entities to meaningfully supervise their funds management business," ASIC deputy chair Karen Chester said. "As managed fund gatekeepers, they need to monitor, supervise and ultimately approve the fund's marketing ...

Super fund board renewals need work: APRA

JAMIE WILLIAMSON  |  MONDAY, 28 NOV 2022
APRA deputy chair Margaret Cole says there is "material scope" for improvement in super fund board renewal strategies. In a speech to the AIST Chairs Forum, Cole outlined the regulator's expectation of trustee boards, saying the issue of board governance ...

ASIC sues crypto fintech over unlicensed advice

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2022
... protections. Simply because a product hinges on a crypto-asset, does not mean it falls outside financial services law," ASIC deputy chair Sarah Court said. "ASIC is aware that many consumers are interested in purchasing or investing in crypto-assets. ...

Super funds told to report asset valuations more frequently

ANDREW MCKEAN  |  FRIDAY, 18 NOV 2022
... access to valuation information and costs," APRA stated. Speaking to the intention of the updated guidance, APRA deputy chair Margaret Cole said: "Many funds have grown in size and complexity and the intensity and quality of governance must keep pace. ...

NGS Super chair to retire

JAMIE WILLIAMSON  |  THURSDAY, 17 NOV 2022
... QIEC Super. Shearman, who is also chair of the investment committee, will depart the fund at the end of December and deputy chair Geoff Newcombe will act as chair until a permanent, independent replacement is found. Georgina Smith will be interim deputy ...

Spirit Super farewells chair, names successor

CHLOE WALKER  |  TUESDAY, 15 NOV 2022
... superannuation sector worldwide. She currently serves as director of the Victorian Funds Management Corporation, deputy chair of Infrastructure Victoria, board governor of the CFA Institute, member of the Queensland State Investment Advisory Board and ...

APRA proposes changes to successor fund transfers

ANDREW MCKEAN  |  FRIDAY, 11 NOV 2022
... the performance test and heatmaps. Although the regulator strongly supports further industry consolidation, APRA deputy chair Margaret Cole said successor fund transfers often run into problems that erode the benefit to members. "One of the best ways ...

APRA slaps extra conditions on Insignia trustees

JAMIE WILLIAMSON  |  FRIDAY, 4 NOV 2022
... high standard of governance and risk management practices to ensure their members' interests are protected," APRA deputy chair Margaret Cole said. "As the Insignia Trustees have grown substantially in recent years, it is important their governance and ...