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Showing 1111 - 1120 of 4056 results for "LIT"

AFA rebukes ideological drive against conflicted remuneration

HARRISON WORLEY  |  WEDNESDAY, 27 FEB 2019
The Association of Financial Advisers came out swinging in a public response to the Royal Commission's final report this morning. Speaking at the Sydney leg of the association's annual Connect Tour, AFA general manager of policy and professionalism ...

ASIC finalises EU with HSBC

KARREN VERGARA  |  FRIDAY, 22 FEB 2019
ASIC has completed an enforceable undertaking with HSBC Bank Australia and is satisfied the bank met all requirements. HSBC entered the court enforceable undertaking with ASIC on 13 May 2016. The regulator was concerned HSBC provided "potentially deficient ...

ASIC flags post-RC criminal prosecutions

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
The corporate regulator is anticipating a number of criminal actions to stem from its investigations into misconduct revealed at the financial services Royal Commission. Providing an update on its enforcement work in relation to the Royal Commission ...

IOOF braces for new super package, grandfathered commissions changes

KARREN VERGARA  |  TUESDAY, 19 FEB 2019
IOOF's bottom line will take a hit from the newly legislated Protecting Your Super package and the proposed removal of grandfathered commissions. Acting chief executive Renato Mota and chief financial officer David Coulter told an investor briefing ...

Royal Commission recommendations split industry

KARREN VERGARA  |  MONDAY, 18 FEB 2019
Commissioner Kenneth Hayne's final recommendations received a mixed reaction in Financial Standard' s latest spot poll. About a third (31%) surveyed by Financial Standard last week believed the banking Royal Commission final recommendations ...

Former super fund executive joins fintech

DARREN SNYDER  |  WEDNESDAY, 13 FEB 2019
Digital financial literacy company Money101 started 2019 with the appointment of its new chief executive. Money101 has welcomed Theresa Mills in the top role. She currently sits on the Federal Government's Financial Literacy Board and is a former executive ...

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
The Federal Government has amended the SIS Act and some of its superannuation bills to include recommendations made in the Royal Commission's final report. Superannuation fund trustees are set to be banned from treating employers in efforts to be ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
Financial product distribution is likely to be disrupted as the Federal Government looks to implement the recommendations of the Royal Commission's final report. Latest insights from Roy Morgan show intermediaries account for the distribution of about ...

Don't fear credit crunch: Deloitte

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
Financial advisers with clients working towards purchasing their first property or starting their own business need not be too concerned with tightened lending policies post-Royal Commission. Speaking at the Financial Standard Chief Economists Forum ...

Fearless Girl comes to Melbourne

KARREN VERGARA  |  FRIDAY, 8 FEB 2019
Cbus and HESTA, together with Maurice Blackburn, will bring the Fearless Girl statue to Australia in bid to stand for equality and diversity. The 50-inch bronze statue of a little girl standing defiantly in front of Wall Street's famous Charging ...