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Showing 161 - 170 of 276 results for "Accountable"

Major banks receive Budget shakeup

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... Budget, the Government has also allocated $1.1 million to Treasury to oversee the timely implementation of A More Accountable and Competitive Banking System - a continuation of the existing reform agenda. It will also receive $1.2 million to undertake ...

Super associations unite to warn against 'political panel'

EMMA RAPAPORT  |  MONDAY, 8 MAY 2017
... provision of technical, evidenced based analysis required to inform decision making, and holding the panel publicly accountable for its decisions. In the draft report published in March, the Productivity Commission recommended a number of changes to ...

Government pushes ahead with new ASIC funding model

ALEX BURKE  |  FRIDAY, 5 MAY 2017
... regulatory costs are recovered from those entities that create the need for regulation. This will make industry more accountable and by increasing transparency of ASIC's costs and activities make ASIC a stronger regulator." The draft legislation prescribes ...

Labor renews calls for banking Royal Commission

EMMA RAPAPORT  |  MONDAY, 24 APR 2017
... experiences in the sector. "The big four have been ripping people off for decades - it's time that they were held accountable to their customers," one complaint read. "The banks are a joke with no service high account fees and far too high interest rates ...

Financial advice standards body revealed

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
... model code of ethics. The new body will commence 1 July 2017, with a key objective to appoint a chief executive to be accountable for the Authority's strategic decisions.

NAB chief promises greater accountability

KARREN VERGARA  |  MONDAY, 6 MAR 2017
... accountability is a fundamental principle in our bank. It's my role to make sure that executives know what they're accountable for and what behaviour is expected of them. This is then cascaded all the way down through the bank," he said. As a formal ...

Financial services exposed to high cyber risk

JAMIE WILLIAMSON  |  TUESDAY, 20 DEC 2016
... continue to play an increasingly active role in the cyber security of their own business. After all, they are ultimately accountable for it," Fouche said. "This is particularly important in this sector because data breaches will impact the reputation ...

ASIC gives green light to FPA fees code

JAMIE WILLIAMSON  |  THURSDAY, 24 NOV 2016
... Gori. "Importantly, any organisation proposing a code must also have the means and resources to hold code subscribers accountable. The FPA has developed appropriate monitoring arrangements, which will be overseen by an Independent Code Administrator." ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
... first time the industry has had an industry-wide set of standards to which they are all committed and can be held accountable." Trowbridge said submissions to his initial report from financial advisers in particular highlighted a need for a lift in standards ...

Howard: Bank scrutiny "strange"

KERRIE SYDEE  |  THURSDAY, 6 OCT 2016
... Conference and highlighted the importance of the banks in supporting Australia's economy. "Banks like everybody else are accountable to the Australian public. Politicians are accountable and financial advisers are accountable but it passes as strange ...

Editor's Choice

Australian Retirement Trust people chief to depart

ELIZABETH FRY
Australian Retirement Trust has confirmed the departure of chief people officer Helen Jackson, who will leave at the end of the financial year.

SSGA loses $2.4bn in two months

KARREN VERGARA
State Street Global Advisors (SSGA) suffered $2.4 billion in net outflows over the last two months of 2023, the majority of which hit its Australian and international equities products.

AFCA seeks industry feedback on approaches

ELIZA BAVIN
The financial complaints authority is asking the industry for feedback on how it approaches issues and reaches decisions.

Apex, ACA partner to broaden client services

ANDREW MCKEAN
Apex Group and ACA Group have formed a partnership to offer their clients a wider range of services.

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