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Showing 1001 - 1010 of 1257 results for "Royal Commission"

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... Nominees has appointed a new chair, replacing Nicole Smith, who is due to appear before the financial services Royal Commission this week. According to the latest NULIS Nominees Executive Officer Disclosure, Peter Promnitz was appointed as chair in July ...

NAB looked to keep plan service fees, Royal Commission hears

HARRISON WORLEY  |  TUESDAY, 7 AUG 2018
The Royal Commission heard this morning that NAB considered ways to justify retaining plan service fees (PSF) it charged superannuation fund members despite the services not actually being supplied. Questioning former NAB general manager of superannuation ...

Lose grandfathered commissions, lose business: MLC

KARREN VERGARA AND JAMIE WILLIAMSON  |  MONDAY, 6 AUG 2018
The financial services Royal Commission questioned if MLC's decision to stick with grandfathered arrangements was in the best interest of members following a large consolidation of superannuation funds that provided an opportunity to remove them. ...

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... coming clean about charging members advice fees in return for no services well before the financial services Royal Commission kicks into its latest round of public hearings. In the Royal Commission's fifth round, which kicked off in Melbourne this ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... entity (RSE) licensee should retain its MySuper authorisation. As the regulator prepares to appear before the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry, APRA also called for enhanced powers, saying ...

Rethink property investment: Poll

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... Westpac's decision to no longer offer SMSF loans. In our new poll, we ask: Since the banking and financial services Royal Commission, the levels of consumer trust and satisfaction have worsened. Do you agree? Let us know here.

Super funds suit up for Royal Commission

KARREN VERGARA  |  MONDAY, 6 AUG 2018
The financial services Royal Commission will put Australia's $2.6 trillion superannuation system under the spotlight over the next two weeks and legal experts say a key question is whether conflicts of interest are influencing super funds and letting ...

Royal Commission work impeded: Hayne

DARREN SNYDER  |  THURSDAY, 2 AUG 2018
... publicly recorded delays in accessing documents from IOOF ahead of the fifth round of the financial services Royal Commission, beginning August 6. In a ruling published yesterday, the Commissioner detailed that IOOF subsidiary Questor Financial Services ...

ARCO takes a net short on Australian financials

KANIKA SOOD  |  WEDNESDAY, 1 AUG 2018
... wrong risk at the wrong point in the cycle." "They may have less capacity to deal with changes coming from the Royal Commission, from a systems point of view because on some cases their core operating systems are getting quite old," he said. Colman is ...

Super fund members satisfied but restless

KANIKA SOOD  |  TUESDAY, 31 JUL 2018
... their laurels, given the fundamental shifts that are expected to flow from the Productivity Commission and the Royal Commission," Choi said. Member guidance services are the key to further filling the satisfaction gap, with Choi saying: "Super funds ...