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Showing 861 - 870 of 1622 results for "Review of"

Fraser review challenges super board independence

DARREN SNYDER  |  FRIDAY, 17 FEB 2017
The Bernie Fraser review of industry superannuation fund governance puts the onus of proof back on the government to demonstrate that one-third independent boards are the best way forward. "It is far from self-evident that simply mandating minimum numbers ...

Copia boutique wins micro-cap mandate

ALEX BURKE  |  FRIDAY, 17 FEB 2017
... Contango said OCFM was selected after an "extensive process involving an independent consultant who conducted a detailed review of micro-cap managers, their investment process and the quality of their investment team." OCFM is Contango's second investment ...

FPA expels and fines dishonest member

EMMA RAPAPORT  |  WEDNESDAY, 15 FEB 2017
... finding.The AAT heard the stay application on 27 January and on 9 February refused the stay, but has yet to set a date for the review of ASIC's banning decision. The Association of Financial Advisers, of which Tindall is still a member, told Financial ...

APRA urges banks to raise capital

EMMA RAPAPORT  |  MONDAY, 13 FEB 2017
... changes in an orderly manner." Byres' remarks coincide with the release of the International Monetary Funds' annual review of the Australian financial system, which noted Australia's robust economy despite commodity price and mining investment bust. ...

YTML goes for growth

EMMA RAPAPORT  |  THURSDAY, 9 FEB 2017
... Highlighter product, following its partnership with SuiteBox last year. "[The partnership] has transformed the collection and review of data and the scheduling of adviser/client meetings and is also proving popular," he said. YTML has also partnered ...

CBA to pay $23 million for poor advice

JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2017
... than 350,000 households contacted by the bank for inclusion in the program. Promontory is completing its independent review of advice assessed through the Open Advice Review program, with a final report expected on 31 March 2017. The cases assessed date ...

ASIC targets NAB super after compliance breakdown

ALEX BURKE  |  THURSDAY, 2 FEB 2017
... has said it will compensate affected members. Under ASIC's licence conditions, NAB's independent expert will undergo a review of NULIS' risk management procedures, product change implementation and potential conflicts of interest within the NAB super ...

Banks flag adviser transparency in customer program

ALEX BURKE  |  MONDAY, 30 JAN 2017
... whistleblowers; a commitment to transparency regarding financial advisers with histories of poor conduct; and an independent review of the Code of Banking Practice. ABA chair and National Australia Bank chief executive Andrew Thorburn said: "This program ...

AMP cuts venture capital funding

JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
AMP shut down its venture capital arm after launching it less than two years ago. A strategic review of the AMP New Ventures program has resulted in its closing, with the roles of those working in the unit made redundant. A spokesperson for AMP said ...

CBA defends 'incorrect' personal advice claims

JAMIE WILLIAMSON  |  MONDAY, 16 JAN 2017
... there is no record of personal advice because personal advice was not provided," he said. Gamertsfelder also cited a review of the case conducted by the Financial Ombudsman Service in 2012 which found in favour of the bank. Despite this, Gamertsfelder ...