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Showing 41 - 50 of 121 results for "Lonsdale"

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
... minimums, APRA's actions reflect how seriously we view breaches of our prudential requirements," APRA deputy chair John Lonsdale said. The objective is to obtain assurance that Westpac is complying with APRA's liquidity requirements while also sending ...

Dealer group chief executive departs

ELIZABETH MCARTHUR  |  TUESDAY, 24 NOV 2020
... appointing two new chief executives to lead them. The first group brings together integrated advice businesses consisting of Lonsdale, Millennium3 and IOOF Alliances and will be led by Millennium3 chief executive Helen Blackford. The second group will ...

Dealer group chief departs

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
... executive of an IOOF licensee will depart the group, as the impacts of the company's wealth restructure continues to be felt. Lonsdale Financial Group chief executive Mark Stephen will depart at the end of the month. The move comes after Milennium3 ...

IOOF fund operations lead departs

JAMIE WILLIAMSON  |  THURSDAY, 22 OCT 2020
... spokesperson for IOOF could not confirm whether current Consultum chief executive Joe Botte, FSP head Geoff Kellett or Lonsdale chief executive Mark Stephen will remain with the licensees or IOOF.

Bendigo and Adelaide Bank overstates liquidity

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... liquidity coverage ratio which will remain in place until the third party review has been completed. APRA deputy chair John Lonsdale said the liquidity requirements ensure financial institutions can withstand an acute or longer-term stress scenario. ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... appointing two new chief executives to lead them. The first group brings together integrated advice businesses consisting of Lonsdale, Millennium3 and IOOF Alliances and will be led by Millennium3 chief executive Helen Blackford. The second group will ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... release payment and as a result this has the unavoidable effect of adding time to the process." He asked APRA chair John Lonsdale whether that was acceptable. "That seems extraordinarily slow. Will APRA take any actions on funds that are underperforming ...

APRA introduces annual stress-testing

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
... frameworks after the findings indicated a number of considerations for improved capabilities. APRA deputy chair John Lonsdale said to complement the ongoing improvement in stress testing, APRA is moving towards greater frequency and depth of stress testing ...

APRA joins in on Westpac scrutiny

ELIZA BAVIN  |  TUESDAY, 17 DEC 2019
... strengthen risk governance in recent years, including through its self-assessment," APRA said. APRA deputy chair John Lonsdale said AUSTRAC's statement of claim in relation to Westpac contains serious allegations that question the prudential standing ...

How much a self-licensee spends on compliance

KANIKA SOOD  |  THURSDAY, 28 NOV 2019
... self-licensee will need two to three authorised representatives to break even on the cost. Docker's view was shared by Lonsdale Financial Group chief executive Mark Stephen. His dealer group has 220 advisers and 60 self-licensed planners. "Roughly ...