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Showing 281 - 290 of 599 results for "Scrutiny"

Charlie Aitken resigns from Contango

ELIZABETH MCARTHUR  |  THURSDAY, 19 DEC 2019
... endeavours." Aitken is the chief executive and chief investment officer of Aitken Investment Management. Aitken has been facing scrutiny lately over the performance of his Aitken Investment Management high conviction fund. The fund was down 9.9% for ...

APRA joins in on Westpac scrutiny

ELIZA BAVIN  |  TUESDAY, 17 DEC 2019
APRA has launched a formal investigation into Westpac for possible breaches of the Banking Act. The prudential regulator said the investigation will focus on the conduct that led to AUSTRAC launching its criminal charges against the bank over an alleged ...

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
... group insurance claims handling times. "We welcome AMP's explanation for these delays as there is currently very little scrutiny on whether super funds are providing appropriate insurance services to their members," O'Halloran said.

APRA releases MySuper heat map

HARRISON WORLEY  |  TUESDAY, 10 DEC 2019
... heat map marked a game-changing moment for the super industry. "The heat map will subject trustees to a new level of scrutiny, and it's understandable that some in the industry feel uncomfortable," Rowell said. "Creating a single document that robustly ...

APRA proposes new banking data policies

ALLY SELBY  |  FRIDAY, 6 DEC 2019
... increase accountability, support competition and lift overall industry standards in a shift towards greater transparency and scrutiny of the banking sector. The prudential regulator has pushed for all data from authorised deposit-taking institutions ...

ETF investing at record highs: Report

ELIZA BAVIN  |  THURSDAY, 5 DEC 2019
... client inflows over the next three years, compared to 11% for other advisers. "In an age of unprecedented regulatory scrutiny on their practices, financial advisers are increasingly adopting ETFs within their advice business," Vynokur said. The report ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
... Superannuation Industry (Supervision) Regulations. "Some industry participants thought that this interpretation would limit scrutiny on the performance of choice products," APRA said. "APRA's view is that absent the final SIS Regulations defining a comparable ...

ASIC probes Regal Funds Management

HARRISON WORLEY  |  WEDNESDAY, 27 NOV 2019
... parties and individuals involved. Regal added that as an active participant in Australian equity markets, regulatory scrutiny was expected "from time to time". "Regal's responsibility to its clients is paramount and it takes its obligations to comply ...

Best of times, worst of times for advice

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... it's a real shame they couldn't control the advice given." Following the Royal Commission, he explained, the increase in scrutiny on compliance has resulted in immense stress for advisers that has at times gone unnoticed. "But, at the same time there ...

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... results and findings of these be published to the fullest extent possible. We believe that using transparency to increase scrutiny and accountability will help ensure GCRA is a higher priority for boards and management, and make it more likely they will ...