Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1041 - 1050 of 1257 results for "Royal Commission"

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
The level of bank customer trust and satisfaction is worsening thanks to the banking and financial services Royal Commission, according to new surveys. Prior to the Royal Commission, bank customer satisfaction reached 82.3% in January 2018 but plunged ...

ASIC admits AMP inaction

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
ASIC has acknowledged it was aware prior to the Royal Commission that AMP was allegedly attempting to mislead the regulator. Appearing before the House of Representatives Standing Committee on Economics in Canberra today, senior leaders at ASIC admitted ...

Quantifeed eyes Australian expansion with $13.5m raising

KANIKA SOOD  |  WEDNESDAY, 20 JUN 2018
... experience in developing compliant trading platforms for cash, equities and derivatives. Brant also said the Royal Commission would attract new participants to providers who lay out clear parameters of their service. "Our business runs in a long-sales ...

The future of advice fee structures

JAMIE WILLIAMSON  |  MONDAY, 18 JUN 2018
To ensure the success of financial advice businesses in the post-Royal Commission world, financial advisers must separate planning and product advice fees, as well as benchmark both planning advice fees and portfolio performance. That is the view of ...

Industry leaders in sales and marketing recognised at MAX Awards

STAFF WRITER  |  FRIDAY, 15 JUN 2018
... the industry but, at the same time, the huge responsibility in their hands to restore consumer trust. "With the Royal Commission inquiry and the Productivity Commission findings, it is incumbent upon the industry to regain public trust. Everyone in this ...

Industry responds to Dover shutdown

JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
... financial services." In this context, and that of Dover chief executive Terry McMaster's appearance at the Royal Commission in April, the AFA acknowledged that efforts to facilitate meetings between its licensee partners and affected advisers may ...

What worries Aussie advisers: Natixis

KANIKA SOOD  |  TUESDAY, 12 JUN 2018
The financial services Royal Commission coupled with the recent collapse of Dover Financial Advisers suggests it should come as no surprise that financial advisers are finding it difficult to navigate Australia's regulatory landscape. The 2018 Natixis ...

AMP adds legal expert to board

KARREN VERGARA  |  TUESDAY, 12 JUN 2018
... Catherine Brenner's resignation triggered a number of changes to AMP's board following its appearance at the Royal Commission. Financial System Inquiry overseer and former CBA chief executive David Murray replaces Brenner in July. Three directors ...

AFA criticises draft FASEA standard

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
... of ethics or addresses how to establish the correct compliance culture. What emerged from the second round of Royal Commission hearings is that the advice industry "remains vulnerable to negative stories about misconduct on the part of a minority of ...

Managing Director departs AMP-backed planning network

HARRISON WORLEY  |  MONDAY, 4 JUN 2018
... resignation follows a series of high profile departures from AMP and its related entities in the wake of the Royal Commission. In May the wealth manager lost Pally Bargri, chief risk officer of its advice business who cited challenging times ahead for ...