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Showing 601 - 610 of 1306 results for "Audit"

Industry Super Australia chief executive resigns

ALEX BURKE  |  FRIDAY, 13 APR 2018
... global position at IFM Investors in September. Before ISA, he was a director at HESTA and STA as well as a member of the audit, compliance and risk management committee at AustralianSuper. Commenting on Whiteley's departure, ISA chair Peter Collins said ...

Mercer expands responsible investment team

HARRISON WORLEY  |  THURSDAY, 12 APR 2018
The appointments all form part of Mercer's expanding global responsible investment team. Timothy Stamp, Max Messervy and Tomi Nummela are joining the firm and Stamp represents the Australian hire. Nummela will join the UK responsible investment team ...

ASIC fees to more than double

JAMIE WILLIAMSON  |  THURSDAY, 12 APR 2018
The cost of doing business with the corporate regulator has gone up under draft legislation supporting the new funding model for ASIC, released by Treasury yesterday. Under the draft reforms, the hourly rate charged by ASIC will more than double from ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... features or underwriting issues across the three channels, it said. Another concern was the PJC's recommendation ASIC should audit 20% of life insurance advisers every three years. The AFA warned any costs incurred will only pass onto consumers. The ...

ASIC disqualifies two SMSF auditors

ALEX BURKE  |  TUESDAY, 10 APR 2018
ASIC disqualified two self-managed super fund auditors - one in South Australia and one in the ACT - for breaching independence requirements. The South Australian auditor, John Tretola, was found to have breached his independence requirements of APES ...

Prime Access bungle costs ANZ $50 million

KANIKA SOOD  |  FRIDAY, 6 APR 2018
ANZ bank has entered an enforceable agreement with ASIC and has footed a $50 million compensation bill as it puts the lid on its Prime Access compliance bungle. Back in 2015, an investigation by the corporate regulator revealed the bank had failed to ...

IRESS acquires digital advice compliance business

ALEX BURKE  |  WEDNESDAY, 4 APR 2018
IRESS will acquire a regtech and data analytics provider after making a minority investment in the business last year. Lucsan provides financial advisers with comprehensive compliance coverage including daily oversight, targeted adviser auditing, best ...

Asset manager bets on blockchain for private equity audits

KANIKA SOOD  |  TUESDAY, 27 MAR 2018
... services - to speed up the auditing of private equity lifecycle events. Northern Trust is assigning blockchain nodes to audit firms, which will give them access to a "golden copy" of fund data which is essentially an immutable master file. While auditing ...

Aurora repays stolen $1 million

ALEX BURKE  |  TUESDAY, 27 MAR 2018
Aurora Funds Management has repaid the $1 million misappropriated from its Buy-Write Income Trust (AUP). The money, which Aurora traced to SIV Asset Management (SAM), formerly known as Aurora Funds Limited, was fully repaid into AUP. In addition, Aurora ...

Convicted SMSF auditor disqualified

KANIKA SOOD  |  MONDAY, 19 MAR 2018
ASIC has disqualified a Melbourne-based SMSF auditor who is serving a jail term for previous charges. Nayanaka Arjuna Samarakoon pleaded guilty to criminal offences that included dealing with property reasonably suspected of being proceeds of crime ...