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Showing 1091 - 1100 of 1691 results for "Royal"

Life insurer undertakes strategic review

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
In the lead up to an appearance at the Royal Commission, an ASX-listed life insurer has announced it is undertaking a strategic review. Freedom Insurance Group said the decision to assess its options was spurred by the release of ASIC's review into ...

Increasing trust not up to APRA: Byres

HARRISON WORLEY  |  THURSDAY, 6 SEP 2018
... Speaking at the Annual Risk Management Association CRO conference in Sydney this week, APRA chairman Wayne Byres said the Royal Commission brought many well-known industry issues before the eyes of the public for the first time. Byres said a miscalculation ...

Trustees caught in a balancing act

KARREN VERGARA  |  THURSDAY, 6 SEP 2018
The financial services Royal Commission exposed substantial breaches of fiduciary duties that show superannuation trustees have to lift their game and improve governance standards, a legal expert says. Holding Redlich partner Paul Faure told the AIST ...

No time for complacency: AIST

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
Not-for-profit funds have been vindicated by the Royal Commission's "damning" preliminary findings into the retail super sector but can't afford to be complacent, according to the Australian Institute of Superannuation Trustees. Kicking off ...

APRA to reopen old wounds for CBA, IOOF

KARREN VERGARA  |  WEDNESDAY, 5 SEP 2018
APRA will dig its heels into a list of concerns magnified in the Royal Commission into superannuation that mainly involve IOOF, CBA and Suncorp. In response to the preliminary findings concluding the fifth round, APRA said the Commission unearthed new ...

Federal oversight of financial services sector clarified

JAMIE WILLIAMSON  |  TUESDAY, 4 SEP 2018
... Federal Government has confirmed who will be responsible for the financial services sector, including responding to the Royal Commission. Despite the ongoing Royal Commission and continued uncertainty within the sector, last month's Liberal Party ...

IFM Investors return fees to investors

KANIKA SOOD  |  TUESDAY, 4 SEP 2018
... years to now sit at $869.5 million. IFM managed to grow its pre-tax profit margin to 25% and at the time Himbury said he saw Royal Commission as an opportunity. At the Royal Commission, AustralianSuper head of mid-risk portfolios Jason Peasley was grilled ...

VicSuper among top pension funds, others climb

KANIKA SOOD  |  TUESDAY, 4 SEP 2018
... funds need to diversify and pay attention to governance to meet good returns, he added. "We need to look at governance. The Royal Commission has illustrated a number of shortcomings within the Australian system and how funds have operated," Newfield ...

Linear pushes MGP into the red

KARREN VERGARA  |  MONDAY, 3 SEP 2018
... offerings to the stockbroking and financial advisory market," he added. Sharp said the fallout from the financial services Royal Commission is expected to result in a continued movement of advisers from the big banks to non-aligned advisory firms. As ...

FSC responds to direct life insurance findings

KARREN VERGARA  |  FRIDAY, 31 AUG 2018
... questions or concerns about appropriate cover, they should contact a financial adviser," the FSC said. The sixth round of the Royal Commission will examine the current regulatory regime for the insurance industry, calling the Financial Services Council ...