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

Search Results

Showing 10931 - 10940 of 28277 results for "NOT"

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... contrast to Morrison's confidence, Connect Financial Services Brokers chief executive Paul Tynan said RC has showed ASIC is not prepared for ASIC reports. See More: Dead advice clients slugged ongoing service fees Royal Commission case study: advice ...

ROYAL COMMISSION: Top stories

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... had been transitioned into a BOLR pool. Under this arrangement, clients would continue to be charged fees while they were not receiving services for up to 90 days. AMP platform fees laid bare Several gaping holes in AMP's fee charging mechanisms across ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
... ASIC will also strengthen its powers to refuse, revoke or cancel financial services or credit licenses where the licensee is "not fit or proper" and be granted access to telecommunications intercept material to improve its investigative tools. "The Turnbull ...

One third of Aussies struggling financially

HARRISON WORLEY  |  FRIDAY, 20 APR 2018
... said: "A key finding is that financial wellbeing is largely determined by a person's behaviour and attitudes towards money, not just their financial knowledge and experience, or how much they earn," she said. She added that ANZ will use the results to ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... resulting in buying into products - without affecting revenue? Wright said there are instances in which the banks' advisers have not charged customers a fee - but at times, there is a genuine need for a product solution, he said. That's why, Wright said ...

Royal Commission to boost ETFs: VanEck

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... The fifth-largest ETP manager in Australia said it expects a regulatory overhaul following Commissioner Hayne's findings, if not before. It also believes low-cost, passive options will become go-to investment vehicles. ETFs are far more cost-effective ...

Royal Commission must be extended: FSU

HARRISON WORLEY  |  FRIDAY, 20 APR 2018
... misconduct continue to arise from the inquiry. The Finance Sector Union said the inquiries of Commissioner Kenneth Hayne should not be halted due to time constraints. Additionally, the FSU believes the investigation should allow for the examination of ...

Chief economist update: Australian workers, don't expect a pay rise

BENJAMIN ONG  |  FRIDAY, 20 APR 2018
... household consumption accounts for around 60% of Australia's GDP, expect economic growth to remain in the slow lane as well. Not only this, forget asking for a pay rise. This is because the weakening trend in employment indicates that there are plenty ...

Meller to leave AMP immediately

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... he was honoured to have served as chief executive and is personally devastated by the issues publicised this week. "This is not the AMP I know and these are not the actions our customers should expect from the company," he said. "I do not condone them ...

Industry fund signs on to insurance code

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... for insurance or make a claim," Smith said. He added super funds have the capacity to provide cover that many people would not access normally. "AT REI Super we recognise that cost effective insurance is a critical component of superannuation for Australians ...