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Showing 161 - 170 of 228 results for "operational risk"

Westpac hires senior compliance manager from CommSec

ALEX BURKE  |  THURSDAY, 7 JUL 2016
... Dorota Piotrowicz joins Westpac from CommSec, where she was a risk senior manager. Prior to that, she worked in operational risk at BNP Paribas and was an internal audit manager at Macquarie. This news follows Westpac's results for the first half of ...

Decimal appointment strengthens compliance

KERRIE SYDEE  |  THURSDAY, 30 JUN 2016
... telecommunications sectors, having held roles such as executive general manager for regulatory relations, compliance and operational risk and chief information officer at NAB. The advisory board was established to help guide the industry and digital ...

Australian Ethical further reduces super fees

DARREN SNYDER  |  FRIDAY, 24 JUN 2016
... Ethical said fees charged to super members will reduce by 0.22%. Of that amount, 0.07% is a reduction of the fund's operational risk financial requirement levy. The funds under management-based revenue margin has been adjusted to 1.24%, down from 1.74% ...

Mercer bolsters compliance offering

DARREN SNYDER  |  TUESDAY, 10 MAY 2016
Mercer has acquired a web-based compliance and risk management provider as a "logical move" that supports an already well-established business partnership. The global retirement and investment consultant announced yesterday it has purchased ExtraTextual ...

First State Super announces new custodian

DARREN SNYDER  |  WEDNESDAY, 2 MAR 2016
First State Super has announced it is appointing State Street to provide custodial services at the $52 billion industry superannuation fund. State Street will now provide master custody, investment administration and custody ancillary services, and ...

KPMG boosts wealth management with industry fund veterans

ALEX BURKE  |  FRIDAY, 19 FEB 2016
... legal counsel at Industry Super Australia. Together they will oversee the company's governance, investment and operational risk management, customer experience, strategic planning, retirement products and regulatory compliance. "We are delighted to appoint ...

Equip drops super fees

DARREN SNYDER  |  WEDNESDAY, 16 DEC 2015
... from investment fee reductions for all Equip investment options except cash, and from the removal of the 0.08% operational risk levy that has applied since August 2013 to build fund reserves. For an Equip MySuper member with a $50,000 account balance ...

APRA debates whether "to model or not to model"

ALEX BURKE  |  FRIDAY, 13 NOV 2015
... denominator in all firms." Noting the advent of internal models in the Basel framework in 1996 and then credit and operational risk models in Basel II, he said that up until the GFC, "models reigned supreme... Regulators even calibrated the framework ...

ME and mutuals must embrace fintech

DARREN SNYDER  |  MONDAY, 9 NOV 2015
... start-up RISKflo to help executives have a clearer view of risk management and prevention. ME general manager operational risk and compliance Sean Coady is quoted in the KPMG report as saying that RISKflo has "removed administrative complexity and cost ...

New Calastone service automates distribution processing

MARK SMITH  |  WEDNESDAY, 12 AUG 2015
... fund managers and platform investors allowing them to use existing infrastructure and benefit through reduced operational risk and cost. "The income and annual tax statement process has always been an extremely manual and time-consuming undertaking for ...