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Showing 1 - 10 of 100+ results for "Board"

AFA shuffles board, names new president

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
The Association of Financial Advisers announced several board changes overnight, including the resignation of its national president. National president Michael Nowak steps down after one year. Prior to that, he served as vice president for four years. ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
... consideration and action for different classes of unlisted assets were also identified. It also found that often a fund's board and management teams dedicated time to devising processes, rather than considering and challenging valuations, and that in ...

Westpac director stands down

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
A non-executive director at the big four bank has resigned from the board to focus on his health. Steven Harker joined the Westpac board in 2019 and was a member of the audit, board legal, regulatory and compliance and remuneration committees. "The ...

Super executives switching options in conflict: ASIC

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 OCT 2021
ASIC has released the results of surveillance into investment switching by super fund executives during market volatility at the start of the pandemic, finding possible conflicts of interest. ASIC looked at a sample of 23 trustees (including trustees ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... into a multi-year sponsorship of a sporting team failed to provide evidence that a business case was ever considered by the board at the commencement of the arrangement. APRA also found several instances where super funds renewed marketing and sponsorship ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
... markets in September and uncertainty globally around inflation and monetary and fiscal policies. "Given this environment the board has taken a prudent approach to positioning the portfolio with risk levels at a neutral setting around the middle of the ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... after the state governments' banning of school banking schemes. The New South Wales government is the latest to jump on board and ban bank-run marketing schemes in classrooms after ASIC handed down a scathing review into school banking programs ...

Harvey Kalman joins Raiz

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
Former Equity Trustees global head of business development Harvey Kalman will chair Raiz Invest. Kalman is currently board member and chair of the audit and investments board committee for the Menzies Foundation and chair of the Financial Planning Advisory ...

Sally Loane resigns as FSC chief

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... and the medical community." She thanked current FSC chair David Bryant, former chairs Geoff Lloyd and Greg Cooper, the FSC board and deputy chief executive Blake Briggs. "Sally strengthened the FSC's contributions in a range of important policy areas ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... 1 January 2022. The minister for superannuation, financial services and the digital economy Jane Hume thanked the FASEA board and its staff for the work they have undertaken in setting professional standards for the financial advice industry and the ...
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