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Showing 461 - 470 of 1306 results for "Audit"

Why women struggle in financial advice

ELIZABETH MCARTHUR  |  THURSDAY, 16 JAN 2020
... retention of women. A 2012 study from the US National Bureau of Economic Research titled The market for financial advice: An audit study found a stark difference in the financial advice offered to men and women. Women were found to receive worse investment ...

Iress invests in blockchain

ALLY SELBY  |  TUESDAY, 7 JAN 2020
Financial services software company Iress has acquired a blockchain communication platform to improve accountability and efficiency in data collection and storage. BC Gateways' platform allows for the secure exchange of data and documents for the financial ...

JANA dragged into Rest legal stoush

ELIZABETH MCARTHUR  |  TUESDAY, 7 JAN 2020
... the court documents stating that Rest should provide: "Agendas, minutes of meetings and all documents placed before the Audit Risk Compliance Committee and board evidencing consideration of any amendments to the RMS relating to climate change." McVeigh's ...

FASEA loses board director

ELIZA BAVIN  |  MONDAY, 6 JAN 2020
... part of FASEA's board and supporting committees standing on both the Standards Committee and more recently as chair of the Audit and Risk Management Committee," FASEA said. "The board wishes her success in her future role." Her resignation comes as the ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
Westpac has been ordered by the Federal Court of Australia to pay $9.15 million over poor financial advice provided by just one former adviser. The court case relates to poor financial advice provided by Sudhir Sinha which breached the best interest ...

Dealer group boosts compliance team

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
A privately-owned dealer group has strengthened its compliance capabilities with a hire from MLC Wealth. Lifespan Financial Planning has appointed Anna Mirzoyan to the newly created role of compliance and technical officer. In her new role, Mirzoyan ...

Half of all AFSL applications approved

ELIZABETH MCARTHUR  |  MONDAY, 16 DEC 2019
ASIC revealed just 53% of AFSL applications received this year were approved. ASIC received approximately 2491 applications in 2018-2019 - 64% of AFS licences, 27% for credit licences and 9% relating to professional auditor registrations. In the report ...

ASIC launches action against AFSL, director

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... conflicts of interest and failed to ensure all financial statements of Sterling Income Trust were completed and available for audit within two months of the relevant period and were lodged with ASIC on or before the lodgment date. "ASIC is seeking declarations ...

Risk roles on the rise: SEEK

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
... regulators." Risk will continue to mean big business for the financial sector. "Compliance officers, directors of risk and audit, operations risk and risk and business continuity roles are contributing to job growth in the sector," SEEK said. Currently ...

ASIC suspends Melbourne-based AFSL

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
... The regulator said Australian Golden Securities, formerly AFS Capital Securities, has failed to lodge it's accounts and audit report as a licensee for the year ending 30 June 2018, lodge reports or compliance plan auditor reports for the registered managed ...