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Showing 1031 - 1040 of 1691 results for "Royal"

Aged care RC will spook Aussies into advice

HARRISON WORLEY  |  THURSDAY, 11 OCT 2018
Delegates today heard the impending Royal Commission into aged care could serve as a catalyst for more Australians to access financial advice. While presenting a focus session on the new age of aged care, Challenger technical services manager Sean Howard ...

FPA finds Sam Henderson guilty

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
... on Channel 10's 'The Project' and Channel 9's 'The Today Show'. He copped a testy hearing at the Royal Commission on April 26, when he admitted (with reservations) staff had impersonated his clients over the phone to their super ...

A question of ethics

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
The Royal Commission could have been avoided if one simple question had been asked: Does this feel right? Reinforcing closing remarks from the HIH Royal Commission in 2003, The Ethics Centre senior adviser Trent Moy said it is groupthink that reinforces ...

Royal Commission an opportunity: Anderson

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
Financial advice businesses must use the Royal Commission as an opportunity to reflect on whether they have an acceptable culture and right approach to risk management. Speaking as part of a panel session at the Association of Financial Advisers' National ...

APRA will rethink how it assesses risk: Byres

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
APRA chair Wayne Byres says the regulator will "clearly need to reflect" on the way it thinks about risk after Royal Commission revelations, but the financial services industry needs to step up to change its culture. "I'm not going to give a full response ...

Perception is everything: Kewin

JAMIE WILLIAMSON  |  WEDNESDAY, 10 OCT 2018
... shifting the public perception of advice to ensure Australians are willing to seek advice going forward. Discussing the Royal Commission, Kewin said it's not enough that advisers and their clients know the failures identified aren't representative ...

CFA Institute asks FASEA to recognise charterholders

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
... standards in the advice industry. CFA Institute chief executive Paul Smith was in Sydney for a briefing that addressed the Royal Commission and its implications for the financial services industry. The association made a submission to the Royal Commission ...

Banks vow to end grandfathered commissions

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
... ensuring there are no conflicts for advisers," she said. The ABA's response comes 12 days after Commissioner Hayne released the Royal Commission's interim report. In a media conference that afternoon, Bligh called it the "bank's day of shame." Fees for ...

ANZ compensation bill hits earnings

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... bank will recognise the losses in 2H18 for refunds owed to customers. It also factored in legal costs associated with the Royal Commission of $55 million (pre-tax). These relate to issues that have been identified from reviews to date and such reviews ...

Bank cross-selling success declines: Research

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... only about 30% of their customers' total spending on financial services products, according to new research. During the Royal Commission, the banks copped criticism for consistently referring existing customers to other product lines within the same ...