Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 1206 results for "Royal Commission"

Investors, advisers need further ESG education

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
... around combating climate change and embracing sustainability," he said. "Further, as the dust settles from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, the advice industry is turning its attention ...

AFA hits back at QAR submissions from Choice, ISA

CASSANDRA BALDINI  |  MONDAY, 11 JUL 2022
... and is full of unfair judgments and generalisations. "They make the often-repeated statement that the Banking Royal Commission exposed widespread misconduct in the financial advice industry," AFA said. "It might be worthwhile pointing out that only one ...

Subjects of Royal Commission case study found guilty in court

CHLOE WALKER  |  MONDAY, 11 JUL 2022
The Federal Court has found that Select AFSL (Select), BlueInc Services Pty Ltd (BlueInc) and Insurance Marketing Service Pty Ltd (IMS) engaged in unconscionable conduct when selling insurance products. The Court also found Russell Howden, the managing ...

Chorus of self-interest in financial advice: SCA

JAMIE WILLIAMSON  |  WEDNESDAY, 6 JUL 2022
... UK for inspiration when it comes to providing access to conflict-free financial advice, saying lessons of the Royal Commission have been forgotten and "a chorus of self-interest has emerged". In a new op-ed, Super Consumers Australia director Xavier ...

ASIC takes Mercer Financial Advice to court

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
Mercer Financial Advice is being sued by ASIC over fee for no service conduct that continued after the Royal Commission and impacted members of both a corporate and government super fund. The regulator alleges that between July 2016 and June 2019 Mercer ...

AIST president to step down

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... unwavering commitment to our sector, putting others first". "During her tenure we've had two federal elections, a royal commission and the global pandemic, all of which have increased the number of board meetings that Catherine has had to lead," ...

Queen's honours highlight industry veterans, ESG experts

JAMIE WILLIAMSON  |  TUESDAY, 14 JUN 2022
... Public Service Medal for his work in delivering the extensive package of legislative reform that followed the Royal Commission in 2018 as well as the government's response to COVID-19; "Writer's outstanding leadership and excellent service in the ...

Calls for Indigenous super beneficiary changes renewed

ANDREW MCKEAN  |  MONDAY, 30 MAY 2022
... "In 2019 Treasury held a consultation on this issue, which was also identified by Commissioner Hayne during the Royal Commission. There have been no developments here and we will lobby the new government to reprioritise this piece of work." She added ...

How AMP plans to bounce back

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... acknowledged AMP's poor financial performance in recent years, largely because of all that was exposed by the Royal Commission. In rectifying this, AMP opted against paying a dividend to shareholders in 2021. Today, Hazelton said the company is still ...

Trust in financial services jumps: CFA

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... significantly since 2020 when just one in four investors trusted the financial services industry, with the Hayne Royal Commission eroding confidence in the asset management industry given the significant amount of negative news coverage at the time." ...