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Showing 991 - 1000 of 2631 results for "Practices"

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
... business model and enhance the long-term value of Facebook as a corporation", believing that weak corporate governance practices contributed to the misuse of private data and damage to Facebook's bottom line. This is evident in the aftermath of Cambridge ...

Peak bodies respond to government roadmap

KRISTI CHENG  |  TUESDAY, 20 AUG 2019
... called on the government to prioritise recommendations to stop conflicts of interest in the sector, as well as the "worst practices" among banks and other for-profit entities. This includes the recommendation to ban the hawking of super products, such ...

AMP advice lead rejects AMPFPA claims

JAMIE WILLIAMSON  |  MONDAY, 19 AUG 2019
... Buyer of Last Resort mechanism will change, with advisers previously in line to receive 4x recurring revenue for their practices upon retirement to now receive a multiple consistent with current market conditions. In response, the AMP Financial Planning ...

Court dismisses Westpac lending practice case

KARREN VERGARA  |  THURSDAY, 15 AUG 2019
The Federal Court has dismissed ASIC's case against Westpac, alleging it breached responsible lending practices for home loans. ASIC alleged that between December 2011 and March 2015, the bank failed to properly assess whether borrowers could meet repayment ...

Risk advisory firms merge

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2019
Two practices specialising in risk will merge to become an advisory business with about $55 million in premiums under management. MBS Insurance (MBS) and Complete Risk Analysis (CRA) will join forces in a bid to increase scale and improve efficiencies. ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
... also announced it will cease the vast majority of grandfathered commissions in early 2020. De Ferrari added that those practices that commit to seeing through the disruption will likely end up much more profitable, healthier and sustainable as a result. ...

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
... just $17 million. This half's results were also impacted by Buyer of Last Resort arrangements. AMP says the impact of practices submitting Buyer of Last Resort notices and other factors resulted in a revaluation of client registers. The AMP board decided ...

Workplace deaths missing from ESG reports: ACSI

KRISTI CHENG  |  TUESDAY, 6 AUG 2019
... died in their workplaces in 2018, 16 of which were contractors, suggesting there is a "disconnect between the safety practices of companies and the standards they require of contractors". ACSI found 67 of the ASX200 companies were not reporting workplace ...

AMP MDA constraints frustrate advisers

ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
... Standard that AMP Financial Planning's limited MDA arrangement has caused a number of issues for AMP Financial Planning practices because they can no longer efficiently execute changes to client portfolios - one of the key advantages of having an MDA ...

Fitzpatricks expands footprint

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
... stake in Perth-based Stewart Symonds & Partners, representing 38 new advisers who have joined. It is one of seven new practices for Fitzpatrick Group. The amount paid is undisclosed. Fitzpatricks said the Stewart Symonds addition is in line with its ...