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Showing 981 - 990 of 2145 results for "AUD"

Mercer expands responsible investment team

HARRISON WORLEY  |  THURSDAY, 12 APR 2018
The appointments all form part of Mercer's expanding global responsible investment team. Timothy Stamp, Max Messervy and Tomi Nummela are joining the firm and Stamp represents the Australian hire. Nummela will join the UK responsible investment team ...

ASIC fees to more than double

JAMIE WILLIAMSON  |  THURSDAY, 12 APR 2018
The cost of doing business with the corporate regulator has gone up under draft legislation supporting the new funding model for ASIC, released by Treasury yesterday. Under the draft reforms, the hourly rate charged by ASIC will more than double from ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
The Association of Financial Advisers (AFA) has slammed the Parliamentary Joint Committee's report on life insurance, highlighting several aspects as surprising, perplexing and disappointing. The AFA hit out at the PJC's assessment of the direct, group ...

MAX Awards nominations close soon

DARREN SNYDER  |  TUESDAY, 10 APR 2018
Less than two weeks remain for nominations in the 2018 Marketing, Advertising and Sales Excellence (MAX) Awards. The annual event is hosted by Financial Standard and there are 23 award categories this year including Advertising Campaign of the Year ...

ASIC disqualifies two SMSF auditors

ALEX BURKE  |  TUESDAY, 10 APR 2018
ASIC disqualified two self-managed super fund auditors - one in South Australia and one in the ACT - for breaching independence requirements. The South Australian auditor, John Tretola, was found to have breached his independence requirements of APES ...

Prime Access bungle costs ANZ $50 million

KANIKA SOOD  |  FRIDAY, 6 APR 2018
ANZ bank has entered an enforceable agreement with ASIC and has footed a $50 million compensation bill as it puts the lid on its Prime Access compliance bungle. Back in 2015, an investigation by the corporate regulator revealed the bank had failed to ...

IRESS acquires digital advice compliance business

ALEX BURKE  |  WEDNESDAY, 4 APR 2018
IRESS will acquire a regtech and data analytics provider after making a minority investment in the business last year. Lucsan provides financial advisers with comprehensive compliance coverage including daily oversight, targeted adviser auditing, best ...

Active managers must explain value better: Formica

DARREN SNYDER  |  TUESDAY, 3 APR 2018
The co-chief executive at a $484 billion (US$370bn) global asset manager believes the industry can take lessons from Shrek and vacuum manufacturers to improve storytelling and customer service. Speaking at a media lunch in Sydney last week, Janus Henderson ...

Asset manager bets on blockchain for private equity audits

KANIKA SOOD  |  TUESDAY, 27 MAR 2018
A 130-year-old wealth and asset manager is using blockchain - the latest technology reshaping financial services - to speed up the auditing of private equity lifecycle events. Northern Trust is assigning blockchain nodes to audit firms, which will give ...

Aurora repays stolen $1 million

ALEX BURKE  |  TUESDAY, 27 MAR 2018
Aurora Funds Management has repaid the $1 million misappropriated from its Buy-Write Income Trust (AUP). The money, which Aurora traced to SIV Asset Management (SAM), formerly known as Aurora Funds Limited, was fully repaid into AUP. In addition, Aurora ...