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Showing 11 - 20 of 27 results for tarnish

Banks will step out of wealth: Medcraft

DARREN SNYDER  |  TUESDAY, 31 OCT 2017
Outgoing ASIC chair Greg Medcraft believes the big four banks will continue to sell wealth management arms because it's tough to restore the consumer trust repeatedly tarnished by these businesses. Speaking at a Sydney Financial Forum event yesterday ...

CBA chief executive will stand down

EMMA RAPAPORT  |  MONDAY, 14 AUG 2017
Embattled Commonwealth Bank chief executive Ian Narev will retire from the bank by the end of the 2018 financial year, board chair Catherine Livingstone has announced. The decision, said to have been made by the board in conjunction with Narev, will ...

Finance Sector Union appoints former NSW Premier

ALEX BURKE  |  FRIDAY, 12 MAY 2017
The Finance Sector Union is welcoming a former New South Wales Premier as its deputy leader. Nathan Rees, who served as NSW Premier from September 2008 to December 2009, before being deposed by Kristina Keneally, contrasted himself with other former ...

Advice licensees must think digital

DARREN SNYDER  |  THURSDAY, 9 FEB 2017
The need for financial advice licensees to increase digital and social media education was uncovered in the latest industry survey. The survey of 153 advisers showed only 12.8% believed their licensee was providing adequate education when it came to ...

CBA unveils tougher adviser standards

LAURA MILLAN  |  MONDAY, 14 JUL 2014
In the wake of the Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC), the Commonwealth Bank (CBA) will lift the minimum education standards for its financial advisers and demand that they belong to a ...

Market Wrap AM

AAP  |  TUESDAY, 22 JAN 2013
The Australian market looks set to open flat despite rises on European markets, with London hitting a near five-year high in light trading amid a public holiday in the United States. At 0617 AEDT on Tuesday, the March share price index futures contract ...

FPA praises 'truth in labelling' legislation

MARK STORY  |  THURSDAY, 29 NOV 2012
Draft legislation released yesterday states that only those fully licensed and authorised to provide personal financial advice are actually entitled to call themselves a financial planner/adviser. Currently, under the Corporations Act 2001, there is ...

Murdoch defies shareholder sentiment

MARK SMITH  |  FRIDAY, 19 OCT 2012
Rupert Murdoch has told investors protesting against the amount of power he wields at News Corporation to sell their stock if they are unhappy with the way the business is managed. The media mogul expects to remain ensconced in his dual-role as News ...

S&P calls for adviser education on new ETF indices

MELANIE TIMBRELL  |  MONDAY, 20 FEB 2012
Adviser education on the indices underlying new fixed income exchange traded funds is needed to undo damage caused by misinformation on ETFs, according to S&P Indices. Recent changes to the Australian Securities Exchange Aqua listing rules to cover ...

Wingate slams Everest governance, wants board out

MICHELLE BALTAZAR  |  THURSDAY, 22 APR 2010
Wingate Group wins a small victory in its campaign to oust the Everest board due to poor governance after Everest said it will not award an options package to its chief executive Jeremy Reid. The Everest board said Reid has elected not to take up the ...