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Showing 1061 - 1070 of 1691 results for "Royal"

BlackRock outlines ETF plans for Australia

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... to increase our share of the wallet because ETFs are a wonderful building block for the managed accounts," he said. "The Royal Commission may increase this fragmentation as more advisers go independent but it will be a tailwind for ETFs and the managed ...

NAB, MLC face class action

JAMIE WILLIAMSON  |  THURSDAY, 27 SEP 2018
... Paull said. "In the case of the life cover, the policy was of minimal value to many customers. NAB admitted as much in the Royal Commission," he said. "Both NAB and MLC were in much stronger bargaining positions than any of the people they were contacting ...

Super funds call for grandfathering ban

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... stronger sanctions on those that fail to act in the best interests of members. In its submission to the financial services Royal Commission, the Association of Superannuation Funds of Australia noted that trailing commissions paid to financial planners ...

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 ...

Make sure you have cash: Geoff Wilson

KANIKA SOOD  |  WEDNESDAY, 26 SEP 2018
... they don't see any major threats. This is partly because banks are "pre-empting the changes" that may come out of the Royal Commission. WAM laid out three examples of this: banks are already divesting their wealth business to move away from vertical ...

AFA rejects criticism over grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
The Association of Financial Advisers used a submission to the Royal Commission to hit back at suggestions the advice industry has not adequately responded to the prevalence of grandfathered commissions. Citing historic government media releases and ...

CommInsure, TAL engaged in troubling conduct: Royal Commission

KARREN VERGARA  |  MONDAY, 24 SEP 2018
In closing the sixth round of the Royal Commission, counsel assisting found that CommInsure, TAL and Rest may have engaged in conduct that fell below community standards after hearing "troubling" evidence from various case studies. CommInsure and Colonial ...

Royal Commission hears industry fund admitted wrongdoing to ASIC

HARRISON WORLEY  |  MONDAY, 24 SEP 2018
... the Superannuation Industry (Supervision) Act (SIS Act) in a breach report filed with ASIC on the penultimate day of the Royal Commission's sixth round of hearings. Making his closing statement on the final day of the Commission's insurance hearings ...

Give life code a chance, Loane tells Royal Commission

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
... claim handling in the Corporations Act to using "a sledgehammer to crack a nut." Appearing before the financial services Royal Commission on the final day of its Round Six hearings into insurance, Loane said the FSC would like the second iteration of ...

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 ...