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Showing 211 - 220 of 2146 results for "Internal"

Sue Brake joins NZ Super, Lisa Gray departs VFMC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... investment and capital markets. Early in her six-year tenure at the helm of the quasi-sovereign wealth fund, Grey had run internal 'fire drills' to heighten the fund's readiness and preparedness for shock events. The value of the fire drill ...

ASIC sues Binance over customer protection failures

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... failed to give a Product Disclosure Statement to retail clients, make a target market determination, have a compliant internal dispute resolution system, do all things necessary to ensure that its financial services were provided efficiently, honestly ...

Active Super transfers members to Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
Challenger will take over Active Super's Guaranteed Income offering after it was determined transferring these member accounts to Vision Super would not be in their best interests. Active Super has informed members with a Guaranteed Income account ...

ANZ chief to retire, external successor named

MATTHEW WAI  |  MONDAY, 9 DEC 2024
... appointed a new leader as chief executive Shayne Elliot prepares to retire. ANZ said it assessed a range of external and internal candidates, with the board "spoilt for choice" in the process, ANZ chair Paul O'Sullivan said. In the end, the successful ...

More work to do on reportable situations compliance, ASIC says

JAMIE WILLIAMSON  |  WEDNESDAY, 4 DEC 2024
Licensees are generally slow to report to ASIC because of deficient internal processes and poor monitoring of compliance with the reportable situations regime, a review found. Recent surveillance by ASIC found financial services and credit licensees ...

Half of advice, super complaints result in no remedy

ELIZA BAVIN  |  WEDNESDAY, 4 DEC 2024
ASIC has released its first publication of industry-wide data reported under the internal dispute resolution (IDR) data reporting framework, flagging concerns firms are not reporting data accurately. Under the IDR framework, most licensed financial ...

Sally Auld to take on chief economist role at NAB

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
... continue Alan's legacy and lead our economics function into the future. Her appointment reinforces our commitment to internal succession planning," Goonan said. The news comes after Auld was placed to take on a new role within JBWere following the departure ...

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
... lineup of strategically selected asset managers, particularly in the public markets portfolio. It said this allows the internal teams to focus more on its internalised private and real assets capabilities which "continue to prove their mettle." However ...

Macquarie fined $25m over 400 fake trades

MATTHEW WAI  |  WEDNESDAY, 27 NOV 2024
... Travis Klein, a relatively junior trader from MBL's metals and bulks trading desk, issued 426 fictitious trades on the internal systems of MBL. The fictitious trades were designed by Klein to conceal his actual loss-making positions, the FCA said, which ...

AustralianSuper to pay $4.2m for delayed claims handling

ELIZA BAVIN  |  THURSDAY, 21 NOV 2024
... compensate around 7000 beneficiaries to the sum of $4.2 million for death benefit claims that took longer than the fund's internal target handling time of four months from the date when the claim form was received. The fund said affected beneficiaries ...