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Showing 931 - 940 of 2220 results for "Systems"

ASIC and FPA submit recommendations to RC

HARRISON WORLEY  |  FRIDAY, 11 MAY 2018
... required to operate advice and product manufacturing business entirely separately - calling for different principles, systems and management. FPA believes that a feature of such demarcation should extend to the banning of cross subsidy practices, maintaining ...

CBA cops $25 million for BBSW rigging

KANIKA SOOD  |  WEDNESDAY, 9 MAY 2018
... trading on the BBSW market on five occasions from February to June in 2012. The bank will also concede its policies and systems were inadequate for monitoring staff trading and communication to prevent the situation. The settlement includes a $5 million ...

S&P reaffirms Sirtex after new offer from Chinese manager

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... Australia's Foreign Investment Review Board. This offer is somewhat higher than the previous one made by US-based Varian Medical Systems, which was to acquire 100% of Sirtex at $28 per share. While there is no certainty as to whether CDH's indicative ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... credit licensees who fail to report significant breaches to ASIC within 30 days. "(Royal Commission) will consider internal systems of financial entities to identify misconduct. The Government will defer implementation of this recommendation to enable ...

S&P to remove ASX healthcare firm from index

ALEX BURKE  |  FRIDAY, 4 MAY 2018
... will be removed from the index subject to shareholder and court approval of the acquisition by NYSE-listed Varian Medical Systems. Its replacement in the index will be IDP Education (ASX: IEL). Sirtex's shareholders have included HSBC, J.P. Morgan, BNP ...

Life insurance regulation needs government backing: Poll

KARREN VERGARA  |  WEDNESDAY, 2 MAY 2018
... life insurance believe the industry needs government backing so it can properly regulate. In a survey conducted by DST Systems, a large number of respondents (85%) want to engage with ASIC to strengthen the Life Insurance Code of Practice. About half ...

Retirement spending declines faster than believed: Research

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
... experience of individual retirees as they age, though it is useful for comparable system-wide view between retirement systems. "At worst, it could mislead retirees who then underspend during the early years of retirement when they are most active. We ...

Kina expands IRESS relationship

HARRISON WORLEY  |  MONDAY, 30 APR 2018
... transactions completed within one business day. Automated data matching ensures that member details in employer payroll systems reliably match the data in the superannuation system in PNG for the first time. This is key to the delivery of a better member ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... revealed more than half (55%) of FS readers thinks the RC will result in more red tape in the industry. See more: ANZ blames systems for inadequate controls: RC AMP kept unsuspecting clients in the dark Royal Commission can only mean more red tape: Poll ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
... larger organisations will need to overhaul their advice departments to ensure they have totally automated processes and systems in place to safeguard situations like this occurring again, millions of dollars will need to be spent on systems to ensure ...