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GOVERNANCE

Policy & Regulation

The Governance Institute has said ASIC’s governance arrangements are no longer “fit for purpose” in a time when financial markets are quickly innovating and cyber crime b...

Superannuation

With some superannuation funds projected to grow by 200% to 300% by 2030, super funds will need to address key challenges in their investment governance arrangements, acc...

Superannuation

Being too slow to process an investment change is an example of bad governance, according to a superannuation panel, and one fund could have missed $90 million in returns...

Funds management

If the US was put on the same environment, social, and governance playing field as Europe it would open up the sector and lead to strong inflows, deVere chief executive N...

Financial planning

The bank has appointed Colin Carter to the review panel while a man has been charged for using Westpac’s transfer system to pay for live-streamed child abuse videos in so...

Financial planning

The authority has increased the bank’s capital requirement to $1 billion and will focus on directors and senior managers that breached the Banking Act in relation to the ...

Superannuation

Orbis has voted against proposals calling for sustainability reporting and policies to strengthen prevention of workplace sexual harassment, and holds a logistics firm th...

Financial planning

Flaws in the methodology used to rate environmental, social and governance compliance in companies meant they could get away without being fully compliant....

Financial planning

APRA’s agenda to reduce poor behaviour and misconduct in the financial sector is an ambitious plan that will take four years to succeed, according to its chair....

Policy & Regulation

The Australian Prudential Regulatory Authority has announced a new organisational structure, including several new executive appointments....

Funds management

Legg Mason affiliate Martin Currie has been rewarded the top ESG rating for third year in a row by the Principles for Responsible Investments....

Superannuation

A regulatory review of the 2013 prudential framework for the super industry has found that while its objectives were largely met, more change may be needed to keep it up-...

Financial planning

AMP Limited has defended its vertically integrated structure in the face of Royal Commission criticism while confirming it has punished past executives with forfeiture of...

Funds management

The Australian Securities Exchange has failed to protect the rights of investors, according to fund manager Allan Gray....

Funds management

Ausbil argues that if a business relies on underpaid workers, slavery, or weak regulation on social issues, their earnings will unlikely be sustainable....

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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 5 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 weeks 5 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

2 weeks ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 6 days ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks 4 days ago