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Showing 61 - 70 of 904 results for "Deputy Chair"

OnePath fined over MySuper bungle

JAMIE WILLIAMSON  |  WEDNESDAY, 14 JUN 2023
... seriously and will act swiftly in deploying its enforcement toolkit where trustees fall short of our expectations," APRA deputy chair Margaret Cole said. "We expect trustees to have robust governance, compliance and risk management frameworks embedded ...

Greg Combet steps down as IFM Investors, ISA chair

ANDREW MCKEAN  |  WEDNESDAY, 14 JUN 2023
... 30. "This is my 10 th year on the IFM Investors board. I'm immensely privileged to have served as a director, deputy chair and the chair during this time," Combet said. "IFM invests on behalf of industry super funds and global pension funds to benefit ...

Heatmaps drive efficiencies, more consolidation: Cole

CHLOE WALKER  |  FRIDAY, 2 JUN 2023
Speaking at a standing committee this morning, deputy chair Margaret Cole noted that the heatmaps and performance tests have created a more efficient and transparent superannuation system that will ultimately drive more consolidation. While that might ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
... was revealed that APRA is investigating the financial relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain transactions. While refraining from naming any entities ...

Lazard implements new leadership

CHLOE WALKER  |  MONDAY, 29 MAY 2023
... his role as executive chair." Jacobs served as chair and chief executive of Lazard since 2009. Previously, he was deputy chair of the firm and chief executive of Lazard North America since 2002. He initially joined Lazard in 1988. Parsons added: "He ...

Poor policy administration sees MLC Life pay $22m

JAMIE WILLIAMSON  |  FRIDAY, 19 MAY 2023
... will pay the benefits promised to them and keep them properly informed if there are changes to their policies," ASIC deputy chair Sarah Court said. "The failings recognised by the Court are the result of poor governance, poor controls, and poor systems ...

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... obviously unable to monitor their accounts and were entirely reliant on the representatives of their estates." ASIC deputy chair Sarah Court said: "The AMP companies had been notified that these customers had died, and despite this, continued to charge ...

HCF Life under ASIC surveillance

CASSANDRA BALDINI  |  FRIDAY, 12 MAY 2023
... insurance, and a reasonable person "in the circumstances could not be expected to have been aware of the condition." ASIC deputy chair Sarah Court added insurers need to ensure that all terms in their contracts, including important pre-existing condition ...

Courtenay House affiliate faces prison

CHLOE WALKER  |  TUESDAY, 9 MAY 2023
... undermined public confidence in the regulatory regime of the financial services industry. Commenting on the matter, ASIC deputy chair Sarah Court said: "ASIC has taken civil action to freeze assets, assisted liquidators and is now seeing justice for ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... to ASIC... Importantly those firms account for the large majority of consumer complaints made through IDR," ASIC deputy chair Karen Chester said. "The staged implementation will also allow more time for many smaller firms to prepare for the start of ...