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Showing 721 - 730 of 4429 results for "Poor"

Institutions fail to adequately manage social risk

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
... Condition Report to aid board and management in their respective duties." According to the paper, management and boards have a poor understand of their relationships with social groups. Laughlin and Bernau write: "As the Royal Commission amply demonstrated ...

NZ Super responds to Australian social media laws

ELIZABETH MCARTHUR  |  MONDAY, 8 APR 2019
... Atlassian co-founder and co-chief executive Mike Cannon-Brookes tweeted upon the passing of the laws: "Sad to report the poor, rushed legislation covering 'Streamed Terrorism' passed both houses just now - despite objections from bodies as diverse as ...

Poor governance spurs calls for directorship caps

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2019
Governance experts are questioning how directors of multiple boards fulfil their duties and drive sustainable performance. Appearing at the Financial Executive Women Leadership Conference in Sydney last month, BMFS Consulting managing director Sarah ...

Ironbark, Zurich shutter funds

KANIKA SOOD  |  FRIDAY, 5 APR 2019
Ironbark Asset Management and Zurich Investments are shutting down three funds after the Sydney boutique managing them said it will stop asset management operations in July. Denning Pryce managed about $270 million for Aussie investors in alternative ...

Consumers confused by general, personal advice

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... consumers are having a hard time telling the difference between 'general' and 'personal' advice, putting them at risk of making poor financial decisions. ASIC deputy chair Karen Chester said: "This disturbing gap in understanding whether the advice they ...

Zero tolerance approach to poor culture needed

KARREN VERGARA  |  MONDAY, 18 MAR 2019
The newly appointed lead of APRA's capability review is taking a no-nonsense approach to fixing poor behaviour and getting culture right. Monash Business School professor Graeme Samuel, who appeared at the 2019 Conference of Major Super Funds (CMSF) ...

Reforming bank culture rests on regulators: Silk

KARREN VERGARA  |  FRIDAY, 15 MAR 2019
... banks and retail sector. AustralianSuper chief executive Ian Silk says he's doubtful that the organisations called out for poor behaviour at the Royal Commission have what it takes to become good corporate citizens - if left to their own devices. Appearing ...

Rejuvenated APRA asserts authority

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... to super funds to expect a more assertive and demanding prudential regulator that will crack down on underperformance and poor cooperation. But it is being held back by the long-awaited passage of a Bill. Deputy chair Helen Rowell told the Conference ...

ASIC scolds banks over fee-for-no-service delays

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... establish suitable customer review and compensation programs." ASIC said the delays boiled down to a variety of issues, but cited poor record keeping and the "legalistic" approach to the determination of what advice services institutions were required ...

Australia in effective recession: Academic

KANIKA SOOD  |  THURSDAY, 7 MAR 2019
... the quarter. GDP per capita shrunk in both Q3 and Q4. UNSW Business School's Richard Holden labelled the GDP is "very poor" and should be much more than the current headline level. "The ability of Australia's economy to avoid recession for 27 ...