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Showing 1121 - 1130 of 1691 results for "Royal"

ANZ grilled over Smart Choice sales

JAMIE WILLIAMSON  |  THURSDAY, 16 AUG 2018
The selling of superannuation products by ANZ branch staff has been called into question, with the Royal Commission suggesting the bank's practices are misleading and deceptive. Appearing before the Commission this morning, ANZ head of superannuation ...

SMSFA addresses policy hurdles

HARRISON WORLEY  |  THURSDAY, 16 AUG 2018
... stability, the more politicians and the policymakers look at ways of forcing more change to the system." "Apart from the Royal Commission hearings, we've had the Productivity Commission draft report, the ASIC SMSF advice report, budget recommendations ...

Hayne sees red over failed merger

KARREN VERGARA  |  THURSDAY, 16 AUG 2018
... between Catholic Super and the Australian Catholic Superannuation Retirement Fund (ACRF) dated back to October 2016, the Royal Commission heard yesterday. By not going ahead with the merger, it failed to prioritise members' interest - a similar case ...

Entertainment spend retains members: Hostplus

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
The Royal Commission has questioned whether splurging on client entertainment is in the best interest of super fund members. Hostplus chief executive David Elia took to the witness stand on the issues of substantiating corporate expenses and multiple ...

Financial services confidence continues spiral

DARREN SNYDER  |  WEDNESDAY, 15 AUG 2018
... finance and insurance companies are likely to fall beyond their current consumer sentiment low-point as the financial services Royal Commission continues. For the third consecutive year, banks and financial institutions have rated at the bottom of the ...

Finding value in Fairfax

JAMIE WILLIAMSON  |  WEDNESDAY, 15 AUG 2018
... for credit will shift but the supply of credit will change," he said. Describing it as a game changer, Hopperton said the Royal Commission has served as a catalyst for Auscap to short the banks. "The Royal Commission basically told the banks they've ...

Poor systems delay MySuper transitions: CFS

KARREN VERGARA  |  WEDNESDAY, 15 AUG 2018
Operational constraints and poor systems once again took a beating at this morning's Royal Commission hearing, contributing to what Colonial First State admits was a lengthy transition of members to MySuper products. CFS executive general manager ...

CFS and a messy MySuper transition

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
Colonial First State's messy MySuper transition came under the Royal Commission's lens on Tuesday. Taking the witness box, Colonial First State executive general manager Linda Elkins told the Commission CFS initially failed to transition 13,000 members ...

Suncorp suppressed tax benefits to super members

KARREN VERGARA  |  TUESDAY, 14 AUG 2018
The Hayne Royal Commission put the spotlight on obscure administration fees and intra-company arrangements, as well as tax benefits superannuation funds are withholding from members. Suncorp was in the hot seat this morning, represented by Maurizio ...

Trust in financial services down since Royal Commission: Poll

HARRISON WORLEY  |  TUESDAY, 14 AUG 2018
... Financial Standard readers say trust and satisfaction levels in banking and financial services have taken a hit since the Royal Commission began. Eighty-seven per cent of respondents to a Financial Standard poll either agreed or strongly agreed the levels ...