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Showing 391 - 400 of 482 results for "Remediation"

Financial services pay top dollar for compliance, IT skills

KARREN VERGARA  |  FRIDAY, 2 FEB 2018
... compliance within the sector are forecast to boom in 2018, Robert Walters' latest salary survey shows. With large-scale remediation projects in banking and financial services firms underway, the demand for professionals with skills that can establish ...

ASIC ramps up surveillance and remediation after adviser conflict report

KARREN VERGARA  |  THURSDAY, 25 JAN 2018
ASIC is ramping up its surveillance and remediation processes to help curb further adviser conflicts of interest within vertically integrated institutions. In light of the Report 562 findings, which examined adviser conflicts of interest across bank-owned ...

ANZ Wealth business governance head departs for Vanguard

ALEX BURKE  |  THURSDAY, 7 DEC 2017
... 2013. Prior to that, he held multiple positions at ANZ including global head of policy - markets risk, head of risk remediation and acting head of risk, head of market and treasury risk for New Zealand, head of risk - margin lending and senior manager ...

Westpac to welcome new chief risk officer

JAMIE WILLIAMSON  |  MONDAY, 13 NOV 2017
... billion. While it was an increase on the previous corresponding period, the result was weakened by $118 million in remediation paid to customers for legacy issues such as superannuation disclosures. This resulted in payments to some customers with pre-existing ...

ASIC needs tougher, direct powers: Taskforce

KARREN VERGARA  |  THURSDAY, 9 NOV 2017
... appropriate amendments to its systems and processes to address how a breach occurred but has not established an appropriate remediation program to assess whether compensation is payable to consumers affected by the breach," the Taskforce said. In identifying ...

Westpac Group results solid despite challenges

JAMIE WILLIAMSON  |  MONDAY, 6 NOV 2017
... billion for the same period, showing an increase of 3%. The Group said the result was weakened by $118 million in remediation paid to customers for legacy issues such as superannuation disclosures. This resulted in payments to some customers with pre-existing ...

Advice industry compensation bill hits $37m

KARREN VERGARA  |  FRIDAY, 27 OCT 2017
... individual and companies from providing financial services and secured more than $837 million in compensation and remediation. APRA noted in its FY17 annual report tabled before Parliament, that the total number of APRA-authorised life insurers stood ...

Super consultant appoints new head

JAMIE WILLIAMSON  |  WEDNESDAY, 4 OCT 2017
... change management, program and project management with a focus on technology, regulatory change, data quality, data remediation, migrations and mergers. "As the superannuation industry continues to deal with ongoing regulatory change as well as the shift ...

ASIC targets retirement products and services

KARREN VERGARA  |  MONDAY, 4 SEP 2017
... ensure they act professionally and in consumers' best interests. ASIC will also continue to monitor advice firms' remediation programs for consumers who received non-compliant advice between 1 January 2009 and 30 June 2015. In the life insurance sector ...

Australian Ethical sees 34pct member surge

ALEX BURKE  |  THURSDAY, 31 AUG 2017
... profit to $2.9 million, the super fund and investment manager said headline results were impacted by $2.8 million in remediation costs associated with the unit pricing error which drove down profits by 62% back in February. "In order to minimise the ...