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Showing 591 - 600 of 4092 results for "Conduct"

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
The prudential regulator is reinforcing the importance of superannuation funds to conduct more rigorous and frequent stress testing amid the fracas over valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance ...

AMP adds three group executive roles

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
AMP is expanding its executive leadership as it moves to a flatter organisational structure following its recent divestments. The wealth manager said it will elevate the leadership of its platforms and advice businesses in two new roles on its executive ...

Less than two weeks to nominate: Power50

STAFF WRITER  |  THURSDAY, 20 JUL 2023
... literacy and awareness. They might be well known and respected among their peers, viewed as role models in the way they conduct their professional practice, or successful business owners, award-winners, policy influencers, mentors, and financial educators. ...

Does ESG have a fiduciary issue?

ROSE MARY PETRASS  |  MONDAY, 17 JUL 2023
ESG alone cannot drive value creation, but ESG integration can be used to gain competitive advantage, according to Prequin. The investment data company's latest survey of limited partners featured in Preqin's ESG in Alternatives 2023 report ...

CFS settles super fees class action

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... illegally charged to members to pay commissions to financial advisers. The action related to members of CFS FirstChoice and conduct carried out between July 2013 and June 2020. The class action - brought by Slater and Gordon - alleged that CFS did not ...

ACCC publishes draft guidance on greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 14 JUL 2023
... combat greenwashing by businesses and protect consumers. The ACCC has published a draft guidance to address "concerning conduct" arising from a recent greenwashing internet sweep, which found 57% of businesses reviewed were making potentially misleading ...

Michele Bullock to be next RBA governor

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
Prime Minister Anthony Albanese and Treasurer Jim Chalmers announced this morning Michele Bullock will take over as Reserve Bank of Australia (RBA) governor from Philip Lowe in September. Chalmers said the government is proud to announce the ninth governor ...

Lowe hands down RBA board shake up

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... May, August, and November. This has been changed from its current release on the following Friday. The Statement on the Conduct of Monetary Policy, the document that captures the shared understanding of monetary policy between the RBA and the Australian ...

Advice firm revenues jump 45%

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
Despite employing fewer staff and a reduction in client numbers, financial advice firms saw revenues shoot up by nearly 50% from two years ago. A survey of 122 advice practices conducted by Business Health and Iress found average revenue jumped from ...

AZ NGA welcomes head of M&A

CASSANDRA BALDINI  |  MONDAY, 10 JUL 2023
... acquisitions, AZ NGA said. In her new role she will support the business and underlying AZ NGA firms to identify suitable targets, conduct due diligence, structure, and execute deals. Prior to joining AZ NGA, she spent almost 15 years in M&A at People ...