Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 1637 results for "Responsibility"

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
... these practices reduced licensees' ability to identify incidents," ASIC said. It added that all licensees placed responsibility on staff members to identify and report situations, but some did not adequately train staff on how to do so. For some, training ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... up to 12 months before receiving their payments. Swan apologised to Cbus members and said the fund takes "full responsibility" for its failures. "I want to apologise to all those who've been affected. When we first became aware of the magnitude of ...

Regulators warn of possible issues with FAR reporting

ELIZA BAVIN  |  THURSDAY, 28 NOV 2024
... 2024 and takes effect for the insurance and superannuation industries on 15 March 2025. It imposes a strengthened responsibility and accountability framework on APRA-regulated entities, their directors, and most senior executives. The letter outlines ...

Gensler to leave SEC in January

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2024
... markets remain the best in the world," Gensler said. "I thank President Biden for entrusting me with this incredible responsibility. The SEC has met our mission and enforced the law without fear or favour. I've greatly enjoyed working with my fellow ...

Chalmers unveils new superannuation reforms

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2024
... actively with their super, ultimately leading to better retirement outcomes. "Super funds have shouldered a lot of the responsibility for educating Australians - we welcome an increased effort from the government in this area because it is so important ...

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... faced," she said. "Trustees cannot outsource accountability when it comes to claims handling. It is the trustee's responsibility to ensure there is adequate oversight of their systems and to prioritise the resources necessary to deliver the services ...

Magellan warns of staggering sovereign debt

KARREN VERGARA  |  WEDNESDAY, 6 NOV 2024
... expected to exceed US$100 trillion by the end of this year. Magellan warns that in many parts of the world, fiscal responsibility is no longer a priority as governments focus on more immediate issues and winning elections. "In the United States, the ...

Cole puts funds on notice as expenditure data is revealed

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2024
... trail isn't what this is all about. This isn't about form over substance. It's about the substantive responsibility of trustees to put the best financial interests of members first. It's time to see that translate into action, without ...

Rest appoints interim co-chief investment officers

ANDREW MCKEAN  |  MONDAY, 21 OCT 2024
... Management team, which was integrated into Rest's investment team in 2020. Meanwhile, Singh joined Rest in 2021 with responsibility for Rest's listed equities, fixed income, and credit asset classes, encompassing both internally and externally managed ...

Goldman Sachs switches up equity research leadership

ELIZA BAVIN  |  TUESDAY, 15 OCT 2024
... analyst Paul Young will join Matthew Ross as co-head of Australia and New Zealand equity research with oversight responsibility for the Melbourne and Sydney research business. Additionally, Kane Hannan will become deputy head of ANZ equity research. ...