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Showing 481 - 490 of 1508 results for "Assessment"

Perth Mint to review audit processes

KANIKA SOOD  |  MONDAY, 15 JUN 2020
The Perth Mint says it will initiate an independent third-party review of its audit process after an AFR investigation raised concerns about conflicts in how it sources gold. The Western-Australian government owned Perth Mint allegedly buys up to $200 ...

Chief economist update: Don't fight the Fed

BENJAMIN ONG  |  THURSDAY, 11 JUN 2020
Steady all the way... to 2022. As expected, the US Federal Reserve left the fed funds rate target at 0-0.25% at the conclusion of its 9-10 June FOMC meeting, repeated their commitment "to using its full range of tools to support the U.S. economy... ...

Super consolidation to slash 60% of funds

HARRISON WORLEY  |  TUESDAY, 9 JUN 2020
... including slower growth and poor member outcomes." He added that funds committing to mergers must "follow rigorous assessment on member outcomes and robust due diligence and transition planning activity". "The implications of getting it wrong at any ...

38 staff punished over AUSTRAC scandal: Westpac

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
... poor individual judgements," the bank said. Westpac chief executive, Peter King, said the management accountability assessment, conducted with external assistance, looked back over 10 years and where fault was identified, appropriate action has been ...

Magellan to use BasisCode for trading compliance

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
... elements of a compliance program, according to BasisCode. "[It] includes modules for testing and certifications, risk assessment, Forms Studio, gifts and entertainment, whistleblower, document portal, robust reporting and a portal for ease of use and ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... downturn will not be severe as earlier thought." Australians, all, let us rejoice! For this relatively more optimistic assessment came only three weeks and a bit after the RBA revealed its forecasts. These includes: "In the baseline scenario, output ...

Industry fund named top employer

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
... recognised this year. "We are humbled to have been recognised as a Kincentric Best Employer, based on our employees' assessment of the workplace environment that we have all created," EISS Super chief executive Alexander Hutchison said. "It's always ...

Boutique launches sustainable Aussie equities strategy

KANIKA SOOD  |  TUESDAY, 19 MAY 2020
A Legg Mason boutique that manages $20 billion has launched a new sustainable equity strategy that will use proprietary sustainability analysis instead of just relying on negative screening. Martin Currie Australia Sustainable Equity Strategy will be ...

Westpac admits to failures

ELIZABETH MCARTHUR  |  MONDAY, 18 MAY 2020
On Friday, Westpac filed its defence in the Federal Court in relation to proceedings brought by AUSTRAC regarding alleged breaches of anti-money laundering and counter terrorism financing laws. "Westpac accepts the gravity of the issues raised by the ...

Morningstar downgrades two Vanguard funds to neutral

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
... this report levies a fee that ranks in its Morningstar category's second-cheapest quintile. Even so, based on our assessment of the fund's People, Process and Parent pillars in the context of these fees, we don't think this share class will ...