The Royal Commission: Questions to ask in financial services
It’s important financial services institutions start questioning their risk management, culture and governance processes in light of the Royal Commission.
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Superannuation comes under scrutiny: Issues of note
Director Jane Byrne gives us her thoughts on the royal commission’s investigation into misconduct in superannuation funds in Australia.
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Why is risk management a challenge for banks?
Here we explore why banks can find risk management challenging, and suggest a more strategic, intentional approach to developing their frameworks.
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Case Study – Barnardos Australia
This is amongst the most rewarding work I’ve done. Without it, Barnardos’ funding structures would not have changed – which has led to lives being positively transformed” – Adrian McGarva, PFS Consulting
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The collaboration conundrum: Lessons from the APRA/CBA report
APRA’s inquiry into Commonwealth Bank misconduct has been called the most scathing regulatory report produced in Australia. What can we learn from the findings?
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The evolution of people-centred risk management
Risk management was traditionally seen as a technical profession. Since the Global Financial Crisis however, risk management has become much more people-centred. Read on to find out what this means, and the benefits of this approach.
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Governance in the digital age – is your board ready?
In an increasingly digital world, you need to transform your business from the top down. This starts with having digitally-savvy board members who can integrate technology into a long-term business strategy, and requires consultation on how to restructure your governance arrangements.
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How to manage your cyber risk
The risk of cybersecurity incidents is mounting, both in terms of monetary loss but also reputational damage. Australian businesses have been a little behind in adopting cybersecurity measures, but the Notifiable Data Breaches scheme is changing that. How can you keep your business cybersecure?
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Proposed changes to superannuation: The PFS POV
Changes are coming to the way superannuation funds operate. In December, the Australian Prudential Regulation Authority (APRA) proposed adjustments to the way funds implement business objectives, measure their outcomes and make significant expenditures. Jane Byrne of PFS Consulting tells us more.
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PFS Consulting’s rebrand: Same values, stronger identity
In 2001, three business consultants had an idea: create an advisory firm that put its clients, not itself, at the heart of what it did. Professional Financial Solutions was conceived out of this notion. The firm grew, but the branding stayed the same. Until now. Here’s a look at PFS Consulting’s new branding.
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