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Showing 511 - 520 of 1306 results for "Audit"

TCorp chair steps down

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
... demonstrated both as chair and director over the past 10 years." During his tenure on the TCorp board Chronican chaired the Audit and Risk Committee, the board Investment Committee and the People and Remuneration Committee. Chronican will replace Ken ...

Will financial advisers cease to exist?

JAMIE WILLIAMSON  |  TUESDAY, 18 JUN 2019
More than half of all financial advisers believe the role they perform today will change substantially or cease to exist over the coming decade, according to research from the CFA Institute. With the necessary skillset to be a financial adviser evolving ...

Fee discounts harder for active ETFs

KANIKA SOOD  |  TUESDAY, 18 JUN 2019
... investment specialist Sam Morris. "It is much easier to administer fee rebates via unlisted trusts through wrap platforms with audit trails and reconciliation issued back to the end clients. With ETFs you can't really have established processes for rebates," ...

AUSTRAC zeroes in on Afterpay

HARRISON WORLEY  |  MONDAY, 17 JUN 2019
Tech-darling Afterpay is feeling the regulatory heat after AUSTRAC ordered an audit of the fintech's compliance with Anti-Money Laundering and Counter-Terrorism Financing Act (AML/CTF) laws. AUSTRAC said an external auditor will examine Afterpay's governance ...

ANZ cleared of $50m fee bungle

KANIKA SOOD  |  FRIDAY, 14 JUN 2019
ASIC has cleared ANZ of the $50 million fee-for-no-service misconduct connected to its Prime Access offering. The corporate regulator said it is satisfied by the audited attestation it received from ANZ, signed by managing director private banking and ...

Industry veterans recognised

ELIZABETH MCARTHUR  |  TUESDAY, 11 JUN 2019
... financial advice and wealth management to family offices and endowments. He also acts as director and chairman of finance, audit and risk for The Smith Family. HSBC's head of crime threat mitigation Paul Jevtovic was honoured for his service to financial ...

Magellan changes board responsibilities

KANIKA SOOD  |  WEDNESDAY, 5 JUN 2019
... executive chairman of Ten Network Holdings. He joined Magellan as a non-executive director in March, 2016 and is a member of the audit and risk committee and remuneration and nominations committee. Robert Fraser has been appointed as the chair of the ...

Suncorp Super appoints new chair

ELIZABETH MCARTHUR  |  FRIDAY, 3 MAY 2019
... board since August 2013 and is also chair of the Suncorp Portfolio Services Trustee Investment Committee and a member of the Audit and Risk Committee.

ASIC suspends advice group AFSL

ELIZABETH MCARTHUR  |  THURSDAY, 2 MAY 2019
... obtain membership of the Australian Financial Complaints Authority (AFCA), therefore breaching its financial reporting and audit obligations. ASIC's licence suspension for the firm took effect at the end of March, and ASIC says it will consider whether ...

Australian fund caught in email scandal

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... financial officer is a former chief operating officer of JP Morgan Chase Australia. The findings, released in a performance audit report on the fund conducted by the Auditor General, show the NAIF failed to implement a proper Protective Security Policy ...