Search ResultsShowing 1 - 10 of 41 results for "Banking Royal Commission"
Netwealth FUA, adviser numbers rise
KARREN VERGARA  |  MONDAY, 19 AUG 2019
... of financial advisers who flocked to wealth management institutions for Netwealth as a result of the banking Royal Commission have helped boost the platform's funds under administration by 30% to $23.3 billion. Financial results for the end of ...
CBA remediation bill drags performance
KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... at $78.51 at publication time. Chief executive Matt Comyn said six of the recommendations from the banking Royal Commission have been implemented. "[We are] going to make sure we complete at least another eight before the end of the calendar ...
More scrutiny for super fund, insurance firm chiefs
KARREN VERGARA  |  MONDAY, 5 AUG 2019
... as well as examine how well financial institutions are implementing the recommendations of the banking Royal Commission. Financial services associations will also be called upon to appear before the standing committee. Treasurer Josh ...
Industry wide pay cut for boards
ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... Governance Institute chief executive Megan Motto said: "It is clear that the effects of the Banking Royal Commission are already being felt by Australia's financial institutions, as shareholders and their boards move to act upon ...
Super funds can spearhead infrastructure: Expert
HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... banks go back to their bread and butter," Ong said. Thomas added he found it interesting that the banking Royal Commission peered into vertical integration but chose not to outlaw it. "I think it was interesting that the Royal Commission looked ...
Life insurers prioritise customer service over tech
KARREN VERGARA  |  TUESDAY, 7 MAY 2019
... "As the sector faces increased scrutiny partly owing to the compliance issues identified in the banking Royal Commission, now more than ever, insurers need to be on the front foot in addressing their regulatory requirements. This is one reason ...
ESG enthusiasm booms post-Royal Commission
ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... and employees, rather than external forces or market pressure. Cottier said fallout from the Banking Royal Commission may be a part of what is driving this internal push for ESG. "Directors being even more aware of the importance of ...
NAB, Nippon lock heads over MLC
KARREN VERGARA  |  THURSDAY, 2 MAY 2019
... Elsewhere, NAB's wealth business suffered a $3.8 billion net outflow as the effect of the banking Royal Commission continues to roil its results. The wealth division, which includes financial advice, asset management and superannuation ...
APRA self-assesses shortcomings
KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
... the fitness and propriety of responsible persons, including their skills and experience. Given the banking Royal Commission advocated for the Banking Executive Accountability Regime (BEAR) should be extended to superannuation, APRA said it is ...
One third of Australians trust robo-advice
ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... as their faith in the human side of the financial services sector continues to waver following the Banking Royal Commission. Futurist and innovation strategist Anders Sorman-Nilsson said: "Previously, Australians have trusted digital tools with ...
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