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Showing 81 - 90 of 100+ results for "Compliance"

ASIC takes on NAB for fee-for-no service breaches

KARREN VERGARA  |  FRIDAY, 18 JUN 2021
... morning, ASIC representative Christopher Archibald QC recalled the bank's "prolonged under-investment" in its systems, compliance and controls as first exposed by the financial services Royal Commission, which enabled customers to be charged millions ...

ASIC drops Regal action

ANNABELLE DICKSON  |  WEDNESDAY, 16 JUN 2021
... its responsibility to clients, employees and the broader market very seriously, operating within a strict legal and compliance framework designed to maintain the highest level of integrity and standards." Last year, Regal's Atlantic Absolute Return suffered ...

iFactFind launches

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
... advisory firms look to technology to help drive practice efficiencies and client satisfaction and manage the mounting compliance burden. While there isn't a silver bullet, iFactFind can be the single source of truth regarding client details."

Interprac grows advice network

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... The two firms are formerly authorised representatives of Interprac Financial Planning. Interprac head of advice and compliance Mike Butler told Financial Standard that the two practices used Interprac Financial Planning for their licensee services and ...

Sunsuper, QSuper appoint leadership team

JAMIE WILLIAMSON  |  WEDNESDAY, 9 JUN 2021
... officer. Meanwhile, a chief of staff role has been created, with Sunsuper's executive general manager, risk, legal and compliance Lachlan East appointed. "The appointed executives have the right mix of expertise and experience to deliver outstanding ...

Halifax auditors face criminal charges

ELIZABETH MCARTHUR  |  TUESDAY, 8 JUN 2021
... looking into the company for some time, with ASIC initially finding deficiencies in the business' risk management and compliance processes in April 2013. The firm went into voluntary administration in November 2018 with $19.7 million of client funds ...

CFAs not immune to pay cuts

KANIKA SOOD  |  TUESDAY, 8 JUN 2021
... affected between January 2020 to the April/March survey were investment consultants (34% of respondents affected), compliance analysts or officers (also 34%), economists (33%), and consultants (32%). Roles where the least respondents reported a decrease ...

Life Code Compliance Committee chair named

ANNABELLE DICKSON  |  TUESDAY, 8 JUN 2021
The Financial Services Council and AFCA have jointly appointed Jan McClelland as chair of the Life Code Compliance Committee (LCCC). McClelland has extensive board experience and is currently deputy chancellor at the University of New England, chair ...

Super fee squeeze continues

KANIKA SOOD  |  MONDAY, 7 JUN 2021
... there is an overwhelming trend towards super funds lowering their fees," Rainmaker executive director of research and compliance Alex Dunnin said. Looking at the mix of fee cuts amongst the fee cutters: about a third lowered their administration fees ...

AUSTRAC investigates NAB, JBWere

KARREN VERGARA  |  MONDAY, 7 JUN 2021
... obligations, according to AUSTRAC. The financial intelligence agency is investigating NAB's "potential serious and ongoing non-compliance" with respect to customer identification procedures, ongoing customer due diligence, and its ability to comply with ...