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Showing 1621 - 1630 of 3508 results for "compliance"

Royal Commission puts bonuses on notice

HARRISON WORLEY  |  TUESDAY, 20 NOV 2018
... of Finance Professionals under the Balanced Scorecard" found fixed remuneration structures achieved higher rates of compliance than balanced score cards. Compliance rates of 75% were achieved when bonuses were taken out of the equation. Comparatively ...

ClearView launches new business, reshuffles executive team

KARREN VERGARA  |  MONDAY, 19 NOV 2018
... ClearView has made three executive promotions coinciding with the launch of a new business offering back-office and compliance services to financial advisers. LaVista Licensee Solutions, a licensing service, will be led by Mike Pope as its chief executive. ...

FASEA clarifies adviser exam rules

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... minimum hours for CPD categories as follows: Technical - five hours; Client Care and Practice - five hours; Regulatory Compliance and Consumer Protection - five hours; Professionalism and Ethics - nine hours; with the balance up to 40 hours consisting ...

AI ramping up but legal risks remain

KANIKA SOOD  |  FRIDAY, 16 NOV 2018
Financial services companies are betting on artificial intelligence (AI) more than ever, but remain sceptic of compliance and legal risks of the technology, according to a new Baker McKenzie report. Baker McKenzie surveyed 355 financial services leaders ...

Industry fund adds chief risk role

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
... role of chief risk officer. He joins from Tandem Corp where he held the same role. Vassallo will lead the risk and compliance teams, bringing more than 30 years' experience in financial services, risk management, compliance and information security. ...

Vamos joins embattled insurer

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
... the role of chair. Freedom said her appointment will bring highly relevant experience in life insurance, regulatory, compliance and risk frameworks and governance. Vamos is the former chief executive of the Association of Superannuation Funds of Australia ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... the code to be registered with ASIC. The code is enforced by the AFCA-administered independent body called Life Code Compliance Committee. "Every aspect of the life insurance industry is under the microscope following the poor behaviour brought to light ...

More than half of advisers without association membership

JAMIE WILLIAMSON  |  THURSDAY, 8 NOV 2018
... the new professional standards legislation, financial advisers must comply with a code of ethics and be a member of a compliance scheme or code monitoring body from 1 January 2020. It is expected that most industry associations will apply to monitor ...

GAM chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 7 NOV 2018
... about $10 billion in total. The first payments were made in early September. Shortly after, the group's head of compliance Natalie Baylis departed following just four months in the role. In announcing Friedman's departure, GAM chair Hugh Scott-Barrett ...

Westpac admits it didn't take FoFA seriously

KANIKA SOOD  |  WEDNESDAY, 7 NOV 2018
... higher than Westpac's previous estimate provided at September end. The bank spent over $1.1 billion on regulation and compliance this year, significantly more than what it wrote off in credit provisions. Less praise, more complaints Westpac customers ...