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Showing 681 - 690 of 1307 results for "Audit"

ASIC cancels responsible entity AFSL

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
The Australian Securities and Investment Commission cancelled the AFSL of a responsible entity for failing to comply with a number of its key obligations as a financial services licensee. The company, DD&D Securities, is the responsible entity for Dwyers ...

ASIC cancels suspended AFSL

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
ASIC has cancelled the Australian financial services licence of Parramatta-based company Rural & General Insurance Broking for failing to comply with legal obligations and licence conditions. The regulator found the company failed to lodge annual financial ...

QIC reorganises SA infrastructure business

ALEX BURKE  |  WEDNESDAY, 5 APR 2017
... Australia, transitioning to a senior consultant for QIC Global Infrastructure. Laura Reed, currently chair of Epic Energy's audit and risk committee, will take on Rickus' position. Reed was previously a sustainability manager and senior manager, social ...

ASIC cancels AFSL licences

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
ASIC cancelled the Australian financial services licenses of two financial services companies for failure to comply with a number of key obligations. Rebate Financial Services, a Melbourne-based licensed securities dealer, and Capstone Capital, a Perth-based ...

CommInsure cleared of medical misconduct

ALEX BURKE  |  THURSDAY, 23 MAR 2017
... had been abused. Since June 2016, CommInsure no longer uses the same database; ASIC said its new system has a more robust audit functionality. "Based on the evidence we have obtained, ASIC does not consider there are any grounds to take any action in ...

Fintech Nod takes on the unadvised

EMMA RAPAPORT  |  TUESDAY, 21 MAR 2017
A new fintech is hoping to reach out to the 80% of people who don't see financial advisers via a digital financial advice platform. Nod, backed by accelerator H2 Ventures, is aiming to bring financial experts to people on demand. Clients can ask a question ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... non-compliance concerns regarding adviser conduct, inadequate background and reference-checking processes, and inadequate audit processes to assess whether the advice complied with the 'best interest' duty and other obligations. As of 31 December 2016 ...

Major ASIC project finds serious financial advice concerns

ALEX BURKE  |  FRIDAY, 17 MAR 2017
ASIC has released a report on how large financial advice firms have addressed serious conduct, compliance and customer remediation issues, revealing serious concerns about how the industry has operated over the past five years. The report is part of ...

Global insurance tech eyes Australian expansion

ALEX BURKE  |  FRIDAY, 17 MAR 2017
... and we're excited to extend it with our benchmarking, organisational change management, process optimisation and project audit capabilities." FINEOS currently has 13 insurer clients in Australia and New Zealand using the FINEOS Claims software for group ...

Actuaries Institute names new president

ALEX BURKE  |  WEDNESDAY, 15 MAR 2017
... answer." Lyon succeeds Lindsay Smartt, who took on the role in January 2016. Smartt is currently chair of BT Financial Group's audit committee and was formerly head of performance and reporting and actuarial services at NAB.