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Showing 881 - 890 of 1613 results for "Prudent"

Call general advice 'sales': CBA

ALICE URIBE  |  FRIDAY, 29 AUG 2014
... structures, corporate culture and management systems within financial institutions that will enable a firm to operate within prudent strategic settings and respond to emerging systemic risks," it said. The submission was also supportive of promoting ...

FSC: Appoint an ASIC commissioner for international issues

MARK SMITH  |  THURSDAY, 28 AUG 2014
The Financial Services Council (FSC) has called on the Financial System Inquiry to consider the appointment of a new ASIC commissioner to deal with international regulatory issues and for an agency to be established to coordinate and promote financial ...

IFM warns against foreign ownership of infrastructure

JAMES FERNYHOUGH  |  THURSDAY, 28 AUG 2014
... Australia's dependency on foreign capital, making Australia increasingly vulnerable to external financial shocks. A fiscally prudent Australia should not expect to be able to rely on foreign capital to fund its long-term infrastructure needs," the submission ...

Movers and shakers

Surprise exit for van Eyk asset consulting team Van Eyk's three person asset consultant team has left the company, the company has confirmed. Head of asset consulting Jonathan Ramsay and asset consultants Fil Andronaco and Jonathan Tolub resigned their ...

APRA releases additional requirements for large instos

LAURA MILLAN  |  FRIDAY, 15 AUG 2014
The Australian Prudential Regulation Authority (APRA) has released the updated framework for the supervision of large financial institutions, but will defer a decision on its final implementation until the end of the Financial System Inquiry (FSI). ...

CIO to step aside as EQT shifts focus

MARK SMITH  |  FRIDAY, 15 AUG 2014
Equity Trustees chief investment officer George Boubouras is to leave the company following a review of its strategic approach and the priorities for its asset management function. Dr Paul Kasian, currently head of equities at Equity Trustees, will ...

CBA appoints international experts to oversee advice program

LAURA MILLAN  |  MONDAY, 11 AUG 2014
Jeff Carmichael's Promontory Financial Group has been appointed independent expert for the Commonwealth Bank's (CBA) Open Advice Review program. The appointment follows a series of announcements made ahead of the company results, which will be released ...

Resources needed for outcomes, regulators warn Treasury

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
While Australia's financial services regulators are supportive of the government's plans to cut red tape, they have emphasised to Treasury the need for ongoing resources. The government released eight statements of expectations -addressed at each one ...

ACCI calls for end to super in awards

JAMES FERNYHOUGH  |  FRIDAY, 8 AUG 2014
The campaign to keep super in awards suffered another setback on Thursday when the Australian Chamber of Commerce and Industry (ACCI) renewed calls for an end to the Fair Work Commission's involvement in selecting default funds. The call, made at the ...

US/EU v Russia's lose-lose is China's win-win

BENJAMIN ONG  |  FRIDAY, 8 AUG 2014
... continued silence? Could China be applying one of the precepts of its own son, Sun Tzu's 'The Art of War'? "He who is prudent and lies in wait for an enemy who is not, will be victorious."