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Showing 71 - 80 of 165 results for "Operational Risk"

AMP bolsters managed portfolio offering

HARRISON WORLEY  |  WEDNESDAY, 3 JUL 2019
... managed portfolios have grown to manage more than $62 billion in assets, due in part to advantages such as reduced operational risk - managed portfolio transactions are generally centrally implemented - and not requiring the production of a statement ...

Material weakness in super funds, insurers exposed

KARREN VERGARA  |  THURSDAY, 23 MAY 2019
... sufficiently material that APRA is considering stronger supervisory responses, including the application of an operational risk capital overlay," he said. He warned APRA's policy agenda for the next 12 months includes strengthening prudential expectations ...

Vanguard launches ETF, appoints new lead

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... head of QEG. She moved into the role as incumbent Mike Roach transitions into a new role as head of US equity operational risk at Vanguard's US headquarters. Kolganova joined Vanguard in February 2000 and has worked in senior roles, including as ...

Royal Commission will guide remuneration standard: APRA

DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
... However the regulator soon expects to release its response to revised capital requirements for credit risk and operational risk. "The next phase of consultation will focus on the treatment of residential mortgages for all banks, and other amendments ...

Perpetual hires former Macquarie exec

KANIKA SOOD  |  WEDNESDAY, 5 DEC 2018
... of chief risk officer. She has previously worked as Macquarie Funds Group's and KPMG's head of compliance and operational risk. She has also held the role of Macquarie Group's head of deal management in a 23-year-long career. In her most recent role ...

Industry fund adds chief risk role

JAMIE WILLIAMSON  |  TUESDAY, 13 NOV 2018
... services, risk management, compliance and information security. Most notably, Vassallo is a former general manager, operational risk and compliance of NAB's business banking division. Prior to that he held various senior risk roles with NAB, having spent ...

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
Operational constraints and poor systems once again took a beating at this morning's Royal Commission hearing, contributing to what Colonial First State admits was a lengthy transition of members to MySuper products. CFS executive general manager ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... the 2014 deadline by the time CFS finished the transfers. "I do recall [the slow down occurred] because of the operational risk," Elkins said. "We had declared the business out of risk appetite because we were doing a number of technology projects at ...

Group insurers pressed for resources

KANIKA SOOD  |  MONDAY, 30 JUL 2018
... superannuation funds." "You think that all that work funneling down to largely two administrators from 1 July 2019, the operational risk in that and the risk around member outcomes. I frankly think sticking 1 July 2019 is reckless and it could be chaotic." ...

Socio-economics dictate insurance needs of young Aussies: Insurer

JAMIE WILLIAMSON  |  THURSDAY, 19 JUL 2018
... ability for the industry to execute these changes by 1 July 2019 involves a very high likelihood of prudential and operational risk, operational failure and errors for superannuation funds and fund members."