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Showing 71 - 80 of 935 results for "Sound"

ASIC issues warning over shoddy DDO practices

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... distribution obligations (DDO) shows. The regulator is calling on product issuers to ensure their distribution practices are sound, as its latest round of surveillance found improvements are needed across the board when it comes to meeting DDO requirements. ...

AMP hires GM risk, compliance

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... Investments team as we focus on providing our members with great returns, low fees and high-quality services, all governed by sound risk and compliance practices," an AMP spokesperson said in a statement. "Cloe has served in several senior risk, compliance ...

Vale Greg Bright

JAMIE WILLIAMSON  |  TUESDAY, 27 AUG 2024
The financial services industry and the journalists that cover it are mourning the loss of Greg Bright, a titan of the financial trade press. For more than four decades, Bright was instrumental in shaping Australia's financial services trade media ...

ANZ hit with $250m capital penalty

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
... Lonsdale said he is concerned at the persistence of risk governance and culture issues within the bank. "ANZ is financially sound with strong capital and liquidity levels. However, weaknesses in managing non-financial risk can lead to detrimental financial ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
Super Members Council chief executive Misha Schubert has defended the selection requirements for superannuation fund boards in the wake of the CFMEU scandal. Schubert said the shared governance model of profit-to-member funds was created with a "clear ...

MLC investment chief shares portfolio plans

ANDREW MCKEAN  |  THURSDAY, 25 JUL 2024
... rewarded. For equity markets, a big driver of portfolio returns, Farmer said that MLC has landed on a position that doesn't sound particularly inspiring, remaining neutral on equities. Positively, Farmer noted strong underlying economic conditions are ...

Adviser permanently banned for faking qualifications

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
... in the future. "ASIC found that Mr Vee engaged in conduct that was dishonest and demonstrated the opposite of integrity, sound judgment, trustworthiness, and professionalism," the regulator said. "Cojag has informed ASIC of its client review and remediation ...

ATO seeks submissions on defining an 'employee'

ELIZA BAVIN  |  WEDNESDAY, 3 JUL 2024
The Australian Taxation Office (ATO) has issued a draft update to its tax ruling TR 2023/4 for consultation which determines when a person is considered an employee under the Superannuation Guarantee (Administration) Act 1992 (SGAA). The draft update ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... AIA education modules are also a valuable resource for instilling confidence in our customers, and empowering them to make sound financial decisions," Nettheim said. The portal has also been rolled out to Vanguard, AIA said. AIA said the portal is expected ...

First Sentier Investors names people, culture lead

JAMIE WILLIAMSON  |  TUESDAY, 25 JUN 2024
... in organisational design and development strategies, change management and HR operational delivery, which coupled with a sound understanding of First Sentier Investors and its culture, are all critical elements of the chief people and culture role." ...