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Showing 2651 - 2660 of 7871 results for "Board"

Status quo not option for remuneration: APRA

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
APRA chair Helen Rowell used her speech at an Australian Institute of Company Directors breakfast to push the ongoing need for accountability in financial services and said APRA plans to push ahead with its draft remuneration plan despite harsh criticism. ...

Westpac forks out $80m for AUSTRAC scandal

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... Anti-Money Laundering and Counter Terrorism Act on over 23 million occasions. The bank said in response it has established a board financial crime committee, implemented priority screening and reporting of transactions indicative of child exploitation ...

HSBC to cut 35,000 jobs

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... after the bank appointed a new Australian chief executive at the end of January, while global chair Mark Tucker said the board has embarked on a "rigorous" process to search for a new global chief executive. Tucker said the bank expects to announce a ...

Former SMSFA chair returns to role

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
... conflict of interest following her appointment to the government's retirement income review. Bowerman will remain on the board as deputy chair, and said the association couldn't be in better hands. "He [Hamilton] brings enormous knowledge of the industry ...

Long-time IOOF director steps down

HARRISON WORLEY  |  WEDNESDAY, 19 FEB 2020
A member of IOOF's board has stepped down after a decade and a half as a director of the wealth manager. IOOF has announced the retirement of former PWC partner Jane Harvey, who steps down from the board after 15 years. However her retirement is set ...

Franklin Templeton to acquire Legg Mason

JAMIE WILLIAMSON  |  WEDNESDAY, 19 FEB 2020
... additional disclosures and information concerning the transaction. The investigation is looking into whether Legg Mason and its board of directors violated federal securities laws and/or breached their fiduciary duties to shareholders by failing to obtain ...

Frontier Advisors welcomes AustralianSuper director

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
Asset consultant Frontier Advisors has appointed a new director to its board who will represent part-owner AustralianSuper. John Dixon will replace Lucio Di Bartolomeo as the appointed representative of AustralianSuper. Di Bartolomeo was appointed to ...

Super fund director departs

JAMIE WILLIAMSON  |  MONDAY, 17 FEB 2020
A corporate superannuation fund is looking to fill a vacancy on its board of directors following a recent departure. Qantas Super is on the hunt for a new board director to represent Group E, after Hendrik van Calcar stepped down in December. Group ...

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
Despite a $2.5 billion shortfall and losing 444 advisers, AMP's board has approved an 80% increase to chief executive Francesco De Ferrari's remuneration. It has also announced the resignation of its chief risk officer. The country's largest wealth ...

QSuper member drags board to court, loses

KANIKA SOOD  |  WEDNESDAY, 12 FEB 2020
A member dragged the $113 billion QSuper's board to court over treatment of an insurance claim but had the appeal thrown out. Queensland resident Daniel Chapman went to the Federal Court wanting QSuper to pay him a greater interest on a delayed ...