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Showing 1131 - 1140 of 1691 results for "Royal"

NAB complicated plan service fee issue: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
NAB Wealth failed to make its plan service fee issue easy to solve, the Royal Commission heard today. Counsel assisting Michael Hodge suggested to NAB chief customer officer and former group executive of NAB Wealth Andrew Hagger that the bank's ...

Indigenous Australians face super challenges: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
The Royal Commission heard today of the difficulties indigenous Australians face in engaging with the superannuation system. Introducing the topic of this morning's hearing, counsel assisting Rowena Orr outlined the systemic issues indigenous Australians ...

Failed industry fund merger laid bare at Royal Commission

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... the merged fund, even though the merger would have delivered significant financial benefit to Energy Super's members, the Royal Commission heard. A KPMG report commissioned by Energy Super's management showed that merging with Equipsuper, the smaller ...

Royal Commission on social media: Former Treasurer weighs in

HARRISON WORLEY  |  FRIDAY, 10 AUG 2018
As the Royal Commission turned its attention to superannuation this week, financial services executives and commentators took to twitter to have their say. The Royal Commission into banking is correct... having multiple super accounts may mean paying ...

NAB CEO apologises over super failures

HARRISON WORLEY, DARREN SNYDER  |  FRIDAY, 10 AUG 2018
... media yesterday to apologise on behalf of the group's 34,000 staff for failures identified at the financial services Royal Commission. Speaking about confronting allegations at the Royal Commission, the NAB chief executive said it was clear the banking ...

IOOF executives dismiss conflicts of interest

KARREN VERGARA  |  FRIDAY, 10 AUG 2018
... conflicts of interest existed in choosing to boost revenues over meeting "community expectations." The financial services Royal Commission continued its line of questioning to IOOF general manager of distribution Mark Oliver. Yesterday afternoon, Senior ...

We have won the battle, not the war: AustralianSuper CEO

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
AustralianSuper chief executive Ian Silk told the Royal Commission the industry super Fox in the Henhouse campaign helped win the battle, but the war continues over default superannuation arrangements. The chief executive of Australia's largest ...

Conflict of interest too great for NULIS: Royal Commission

HARRISON WORLEY  |  THURSDAY, 9 AUG 2018
Conflicts of interest between NULIS and NAB Wealth were too great for the superannuation trustee to manage, the Royal Commission has heard today. Counsel assisting Michael Hodge suggested to former NULIS chair Nicole Smith the trustee "simply couldn't ...

MLC MySuper investment budget was tight-fisted: Royal Commission

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... that its current investment fee budget wasn't adequate to boost the performance of its lagging MLC MySuper product, the Royal Commission heard. Resuming former NULIS chair Nicole Smith's questioning on day three, senior counsel assisting Michael ...

AMP profits nosedive, new board director announced

KANIKA SOOD  |  WEDNESDAY, 8 AUG 2018
... half of the year as the wealth manager took a $290 million hit from advice remediation following the financial services Royal Commission. It brought in a net profit of $115 million as compared to $445 million in last year's first half. The wealth protection ...