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Showing 1081 - 1090 of 1691 results for "Royal"

Instant asset write off extended

HARRISON WORLEY  |  THURSDAY, 13 SEP 2018
... assumes responsibility for ASIC, APRA and the ACCC, and will ultimately be responsible for the Government's response to the Royal Commission. His remit will extend to taxation and superannuation policy, budget, economic and fiscal policy, and major foreign ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
... was helping resolve a claimant's dispute by deliberately withholding medical information and delaying the process, the Royal Commission heard yesterday afternoon. Counsel assisting Rowena Orr turned her focus to CBA's life insurance subsidiaries ...

AMP, CBA respond to record class action bid

JAMIE WILLIAMSON  |  WEDNESDAY, 12 SEP 2018
... rates as low as 1.25% per year - lower than the RBA cash rate and rates offered on regular term deposits. Likewise, the Royal Commission revealed members within AMP's cash option were receiving negative returns on the cash held for them by AMP. In ...

Freedom sold life insurance to intellectually disabled man: Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 12 SEP 2018
... intellectually disabled man, and only cancelled the policy after several instances of correspondence with his family, the Royal Commission heard yesterday. Giving testimony at the second day of life insurance hearings, Grant Stewart told the Commission ...

Unlisted property returns surpass equities: Research

KARREN VERGARA  |  TUESDAY, 11 SEP 2018
... outlook for unlisted property remained positive. "While the detail is unknown for now, we're anticipating one outcome from the Royal Commission will be the detangling of vertically integrated models which may create a more level playing field for non-bank ...

ClearView breached anti-hawking law 300k times

KARREN VERGARA  |  MONDAY, 10 SEP 2018
The sixth round of the financial services Royal Commission heard ClearView's direct life insurance business breached anti-hawking provisions up to 303,000 times. The figure has ballooned from the 278,664 originally reported to the Commission, according ...

Life insurers admit to misconduct: Royal Commission

HARRISON WORLEY  |  MONDAY, 10 SEP 2018
This morning the Royal Commission heard about instances of misconduct in the life insurance industry and where conduct fell below community standards and expectations. Opening the sixth round of Royal Commission hearings, counsel assisting Rowena Orr ...

Australian retirement outcomes among the best

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... considered among the best in the world. "Australians should be proud of our ranking," Hambly said. However, Hambly said the Royal Commission showed there was still room for improvement. "Despite the country's good results overall, revelations from the ...

New code should apply to all: ABA

HARRISON WORLEY  |  FRIDAY, 7 SEP 2018
... requirement of a licence." Noting the association expected further changes to be made to banking following the final report of the Royal Commission, Bligh said all lenders should have to adopt the same standards to ensure industry consistency. The Customer ...

ASIC to ramp up trustee visits

KARREN VERGARA  |  FRIDAY, 7 SEP 2018
... particularly as the new Superannuation Consumers' Centre gets up and running. While it's easy to get caught up in the fact that the Royal Commission focused more on retail super funds, Eccleston reminded all trustees that it's not about whose behaviour ...