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Showing 91 - 100 of 302 results for %22Commonwealth Public Service%22

Final farewell for industry association

JAMIE WILLIAMSON  |  FRIDAY, 7 JUN 2019
After more than 96 years as a recognised industry association, members of the Superannuated Commonwealth Officers of Australia have come together for the last time. About 100 of the industry body's remaining members attended its final meeting - a special ...

ASIC names new default super fund

JAMIE WILLIAMSON  |  TUESDAY, 28 MAY 2019
... the ASIC Act instead of the Public Service Act. Under the Public Service Act, new employees were defaulted into the Commonwealth Superannuation Scheme (CSS), Public Sector Superannuation Scheme (PSS) or the Public Sector Superannuation accumulation plan ...

Big four satisfaction on road to recovery

HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
... 83.8%, 7.9 percentage points better than their larger counterparts, whose satisfaction levels are clustered together. Commonwealth Bank leads the way, sitting at 78.1% satisfaction, with the worst of the big four, NAB (72.7%) no more than 5.4 percentage ...

ASIC to strengthen complaints handling

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... to identify systemic complaints were key findings of both the Royal Commission and the Prudential Inquiry into the Commonwealth Bank. "With the benefit of broad consultation, ASIC's new standards will lift complaints handling performance of firms and ...

TCorp appoints general manager

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
TCorp has hired Commonwealth Bank's long-standing head of debt markets. Simon Ling is joining TCorp as its general manager, financial markets. TCorp chief executive David Deverall said: "I'm delighted to welcome Simon to the executive team and I am ...

KPMG expands advice remediation team

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
... NULIS after its plan service fee debacle was revealed during Royal Commission public hearings. Earlier this month Commonwealth Financial Planning was ordered by ASIC to stop charging ongoing service fees after it failed to provide ASIC with an attestation ...

ASIC flags post-RC criminal prosecutions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
... institutions and individual representatives. "ASIC expects these investigations to result in a number of referrals to the Commonwealth Director of Public Prosecutions for assessment for criminal prosecution," the regulator confirmed. Work on the 11 specific ...

NAB most distrusted bank in Australia

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... conducted after the financial services Royal Commission handed down its final report and NAB bosses resigned. In January, Commonwealth Bank had the lowest trust score but after Commissioner Kenneth Hayne singled out NAB's leadership almost a fortnight ...

Commonwealth FP fails to meet EU obligations

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
Hours before the final report from the Royal Commission goes public, Commonwealth Financial Planning has been ordered by ASIC to stop charging ongoing service fees. It is also barred from entering any new ongoing service arrangements with customers. ...

Australia Day honours recognise industry stalwarts

JAMIE WILLIAMSON  |  TUESDAY, 29 JAN 2019
... 2007. He is also chair of Catholic Church Insurance Asset Management. Haddock also previously served as chair of Commonwealth Bank's Commonwealth Managed Investments from 2009 to 2014. An AO was also awarded to Dr Bronwyn King, the founder and chief ...