Search ResultsShowing 61 - 70 of 100+ results for "Regulatory"
Mercer hires from industry fund
ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
... that we've invested in heavily over the years, and while it has always been a top priority, with the changing regulatory environment particularly for superannuation funds, it is more important than ever," Mercer Pacific's chief executive Ben ...
ETF investing at record highs: Report
ELIZA BAVIN  |  THURSDAY, 5 DEC 2019
... to 19% of client inflows over the next three years, compared to 11% for other advisers. "In an age of unprecedented regulatory scrutiny on their practices, financial advisers are increasingly adopting ETFs within their advice business," Vynokur said. ...
CBA chief tasked with rebuilding banking
ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... economy," Comyn said. "The industry is working hard to improve customer outcomes, implement the Royal Commission and other regulatory changes, and align the Government's objectives to grow the economy." Bendigo and Adelaide Bank chief executive Marnie ...
Regulators circle as scandal engulfs Westpac
ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
APRA has put Westpac on notice; warning the disgraced bank could face fines and disqualification of senior directors and executives as it considers whether to launch legal action. APRA chair Wayne Byres told a parliamentary hearing on Monday that the ...
FASEA under pressure on managed accounts
ELIZABETH MCARTHUR  |  WEDNESDAY, 4 DEC 2019
... with this idea that the code only needs to be complied with in a general sense," Potter said. A lawyer in the IMAP regulatory group pointed out to Potter that explanatory guides are only referred to by judges when the law is unclear. "There's nothing ...
Equity Trustees renews custody mandate
ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... its Equity Trustees wealth services funds. The new agreement will see State Street provide custody, fund accounting, regulatory reporting, compliance and tax services across a range of Equity Trustees managed investment schemes and trusts. State Street ...
Life insurers lost $3.4b over five years: APRA
ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... product that is vital for protecting the financial security of Australians," Zurich said. "Zurich will comply with all regulatory changes, and will review and consider all recommendations made. We are strongly committed to providing our customers with ...
Sargon opens door to trustee tech
ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... funds is inherently complex, and this complexity and its associated cost only continues to grow under an increasing regulatory burden," Kingston said. "For Australian superannuation, members' fees now exceed $30 billion per year. Improving efficiencies ...
Cbus hikes fees
ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... first account keeping fee increase in a decade and will make sure fund services keep pace with member expectations and regulatory requirements. "We work hard to keep fees as low as possible and this is the first increase to the weekly flat fee in 10 ...
Deutsche Bank offloads $76b in assets
ELIZA BAVIN  |  TUESDAY, 3 DEC 2019
... in July. Sewing announced the plan to cut exposure to markets in which the German lender was struggling as part of regulatory risk management in a major restructure. Deutsche said it has sold packets of equity derivatives in three auctions and is now ...
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