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Showing 1001 - 1010 of 2427 results for "NEC"

Advice industry in hot water

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
Dishonesty and greed were the key themes that underscored the Royal Commission's hearing into financial advice, Commissioner Kenneth Hayne has said. Releasing his interim report today, Hayne has said of the misconduct within Australia's major ...

Hayne admonishes ASIC

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
Commissioner Kenneth Hayne criticised ASIC's negotiation strategies and tardiness in remediating misconduct that can take years to resolve and for its inability to prevent future breaches. In his interim report Hayne disapproved of ASIC's preferred ...

Royal Commission interim report released

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
Passing new law to deter financial services companies from erring again would add an extra layer of complexity to an already complex regulatory regime, the Royal Commission has said in its interim report released this afternoon. "The law already requires ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
Numerous policy questions that arose from the life insurance round of the Royal Commission could shake up the direct life insurance segment and potentially ban conflicted remuneration in risk products. The document, released yesterday, questions the ...

Diversity a material economic indicator: AXA IM

HARRISON WORLEY  |  WEDNESDAY, 26 SEP 2018
The subsidiary of a global investment manager with about $1.2 trillion in assets under management believes diversity is a material economic indicator. Latest research from AXA Investment Managers' (AXA IM) quantitative platform Rosenberg Equities shows ...

Retirement living advice is an opportunity: Challenger Financial Standard Technical Services Forum

KARREN VERGARA  |  FRIDAY, 21 SEP 2018
On the back of the aged care Royal Commission recently announced, financial advisers should delve deeper into the retirement living conversation with clients, according to a technical services expert. Speaking at yesterday's Challenger Financial ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
An inquiry has been launched to examine the implications of Labor's policy to remove refundable franking credits. The House of Representatives Standing Committee on Economics will investigate the implications of removing refundable franking credits. ...

Government establishes aged care Royal Commission

HARRISON WORLEY  |  MONDAY, 17 SEP 2018
A prominent law firm believes elder financial abuse should form one of the main issues to be examined at the newly established Royal Commission in to the aged care sector. Maurice Blackburn Lawyers welcomed the Federal Government's intention to establish ...

New accounting standards put pressure on life insurers

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
Australian life insurers are unprepared for two new major accounting standards that will shake up the way profit is reported, a KPMG survey shows. The global survey of 160 life and health insurers, and reinsurers included Australian companies. It gauged ...

UK adviser competency to be re-evaluated

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
Financial advisers in the UK are facing similar challenges to their Australian counterparts, with the Financial Conduct Authority introducing a new assessment aimed at raising standards and competence. The FCA has partnered with the Chartered Insurance ...