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

Search Results

Showing 161 - 170 of 338 results for "Accountable"

SMSF scheme sees creator jailed

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... sentence handed down demonstrates that promoters who encourage illegal early access to superannuation will be held accountable. "While the majority of SMSFs do the right thing, this case serves as a reminder that there are severe penalties for those ...

Super Consumers Australia launches, slams MySuper products

KRISTI CHENG  |  WEDNESDAY, 25 SEP 2019
... superannuation system. The organisation is promising to "keep the industry on its toes": "Trustees need to be held accountable for decisions that end up costing members money," O'Halloran said. A survey conducted by Super Consumers Australia showed ...

Chief executive bonuses unscathed by public perception

ELIZA BAVIN  |  TUESDAY, 17 SEP 2019
... occurred in a year when the Royal Commission was in full swing, revealing evidence that executives were not being held accountable for poor conduct, and in the wake of soaring 'first strike' votes against remuneration reports." Domino's Pizza boss Don ...

AMP advisers prepare for battle

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2019
... canvassed legal firms and potential funders, AMPFPA chief executive Neil Macdonald said members intend to hold AMP accountable for the "severe financial, reputational and psychological harm it is inflicting on its own advisers". "AMP is on the record ...

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
... establish a board-level privacy committee as well as a board nominating committee, but no individuals were held personally accountable. By joining the litigation, CalSTRS seeks additional reforms of Facebook's board and share structure. CalSTRS' Corporate ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
... greatly and quickly enhanced-good for everyone!"...holds no sway for the independent Fed! The US Federal Reserve "is accountable to the public and the U.S. Congress", not the president of the day. This sharply contrasts with the People's Republic ...

Frydenberg flags new advice disciplinary system

HARRISON WORLEY  |  MONDAY, 19 AUG 2019
... determined to restore trust in the financial system. To that end, the government plans to hold sections of the industry accountable for failing to act in line with the cultural, governance and remuneration changes sweeping the industry. For financial ...

Netwealth FUA, adviser numbers rise

KARREN VERGARA  |  MONDAY, 19 AUG 2019
... make errors, we rectify them," Tong said. "The board is committed to always acting ethically, being transparent and accountable. These attributes are essential for the long-term performance, sustainability and success of Netwealth." Meanwhile, the Royal ...

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... Francesco De Ferrari said. The group's culture will also be overhauled to one that is client-led, entrepreneurial and accountable, with effective management of financial and non-financial risks. Additionally, AMP will seek to grow AMP Capital through ...

Former adviser cops 20-year prison sentence

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2019
... life's savings - most of which she used for her own personal benefit," US Attorney Robert K. Hur said. "She's been held accountable for her lies and theft and will now spend years in federal prison." Her co-defendant, Bradley Mascho, pleaded guilty to ...