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Showing 1031 - 1040 of 1257 results for "Royal Commission"

Dover advisers turn orphans

JAMIE WILLIAMSON  |  FRIDAY, 6 JUL 2018
While there are Dover financial advisers that have managed to transition elsewhere in recent weeks, latest ASIC data shows hundreds of advisers will be without a licensee when the disgraced AFSL shutters today. Rainmaker analysis of ASIC's Financial ...

Phone life insurance sales 'hawking' customers: Royal Commission

KARREN VERGARA  |  FRIDAY, 6 JUL 2018
The financial services Royal Commission exposed more boiler room sales tactics of call centre staff selling life insurance which drove poor behaviour and a sales-driven culture, and effectively breached anti-hawking provisions. Select AFSL managing ...

Royal Commission cracks down on life insurance phone sales

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
The banking and financial services Royal Commission has unearthed the unethical practices and incentives of life insurers selling policies over the phone at the expense of the most vulnerable customers living in remote communities. ASIC Indigenous Outreach ...

Risk and compliance expertise in demand

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
Risk and compliance officers and in-house corporate lawyers are highly in-demand talent thanks to the Royal Commission, which has helped boost the professionals' pay grade well above the national average. This is based on a Robert Walters wage analysis ...

Risk and compliance expertise in demand

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
Risk and compliance officers and in-house corporate lawyers are highly in-demand talent thanks to the Royal Commission, which has helped boost the professionals' pay grade well above the national average. This is based on a Robert Walters wage analysis ...

Trade-off needed on existing adviser standards: Fox

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... said, is to send a strong message to consumers that it is cracking down on existing advisers in the wake of the Royal Commission. However, this must be done while ensuring a sufficient supply of competent advisers remain to service the five million Australians ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... other institutions. The move by Macquarie and BTFG follows the condemnation of grandfathered arrangements by the Royal Commission earlier this year. The big banks and AMP copped widespread criticism for the practice - a legacy of the 2013 FoFA reforms ...

Centrepoint bumps up advice litigation provision

KARREN VERGARA  |  MONDAY, 2 JUL 2018
... "well placed to meet the growing use of technology, increasing regulation and the changes that will come from the Royal Commission." He added the company is in an "excellent position to take advantage of the changes underway in the financial services ...

ASIC takes civil action against AMP

HARRISON WORLEY  |  WEDNESDAY, 27 JUN 2018
... planners complied with the best interests duty of the Corporations Act. First aired during advice hearings at the Royal Commission earlier this year, AMP Financial Planning faces allegations that specific financial planners engaged in 'rewriting ...

AZ NGA merges embattled advice firm

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... In April 2018, then-Henderson Maxwell chief executive Sam Henderson was called before the financial services Royal Commission where it was revealed he had instructed employees to impersonate clients on several occasions and provided advice that would ...