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Showing 271 - 280 of 577 results for "Scrutiny"

Westpac chief believes in financial advice

ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... executive Matt Comyn also fronted the committee and said he believes non-bank entities should face the same level of scrutiny as the big banks. "There have been lenders able to lend into pockets of the market the regulated financial institutional haven't ...

APRA begins super data transformation efforts

HARRISON WORLEY  |  FRIDAY, 8 NOV 2019
... collection that will pave the way for the proper comparison of super products, with choice super set to come under increased scrutiny. Known as APRA's Superannuation Data Transformation, the program will see the prudential regulator enhance the comparability ...

Magellan active ETFs retain Zenith ratings

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... (ASX:MICH). In its recent round of rating reviews finalised last week, Zenith retained the funds' ratings despite increased scrutiny from the corporate regulator into internal market making. "We feel their processes and systems are high quality and ...

WiseTech short could impact super

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 OCT 2019
... employees who reported much lower organic growth." The short seller said WiseTech is able to shield subsidiaries from audit scrutiny through a deed of cross guarantee. "WiseTech's Australian subsidiaries, through which much of the international revenue ...

Hong Kong hedge funds suffering: Report

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... the report said. It explained that Hong Kong's stability as a financial centre in the region has recently come under scrutiny due to ongoing protests and social unrest in the region, which came as a reaction to the extradition bill proposed by the Hong ...

KPMG foretells open super era

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
... how open data will impact the sector. Elkins said funds had a key decision to make with rising costs and higher public scrutiny: either they make incremental improvements in an effort to defend their corner of the market, or they make revolutionary change ...

No pain, no gain: APRA

HARRISON WORLEY  |  TUESDAY, 15 OCT 2019
... sector that while change brings challenges, it also brings rewards. Pointing to how APRA was emerging from 12 months of scrutiny following the Royal Commission, Rowell said its sharper focus on the outcomes trustees were delivering members was manifesting ...

BT Financial Group enlists research provider

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... growing. Total managed accounts FUM in Australia grew 17% in the 12 months to March 2019. The growth has prompted increased scrutiny from regulators, with an ASIC review of managed discretionary accounts imminent. It has also prompted some in the industry ...

ACCC to probe rate cut decisions

HARRISON WORLEY  |  MONDAY, 14 OCT 2019
... Banking Association said the sector stood "ready to assist the ACCC" in the inquiry. "Banks are no stranger to public scrutiny and look forward to the opportunity to cast more light on mortgage pricing and the many important factors that influence the ...

AMP shamed by CHOICE

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... CHOICE also lambasted AMP for having "the lowest customer satisfaction ratings on record" in 2018. AMP has faced increased scrutiny since the revelations from the Royal Commission which has seen a major restructure of the business. The financial institution ...