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Showing 1161 - 1170 of 2989 results for "Community"

Brian Hartzer steps down from Westpac

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... ultimately accountable for everything that happens at the bank. And it is clear that we have fallen well short of what the community expects of us, and we expect of ourselves." Hartzer has been given 12 months' notice and will be paid his fixed remuneration ...

Consultation opens for retirement income review

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
The financial services industry and wider community has just over two months to make submissions to the government's retirement income review. The retirement income review's consultation period officially opened late on Friday afternoon, providing industry ...

Vale David Smith

ELIZABETH MCARTHUR  |  MONDAY, 25 NOV 2019
... Smith also served on the fund's investment committee. "David brought to the HESTA board a deep knowledge of the community services sector and experience drawn from more than 25 years passionately defending and advancing the rights of working Australians. ...

Politician urges Treasurer to protect advisers

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... compliance in light of new regulations and the impact this may have on accessibility to financial advice in the broader community. Finally, she added: "The recommendation by ASIC that advisers work on a strictly hourly basis with clients is of concern ...

Financial planning pioneer to speak at FPA Congress

KANIKA SOOD  |  FRIDAY, 22 NOV 2019
... advice for their clients. Financial planning was not Anthony's first career of choice - he came to it after decades in community support work. Anthony studied theology and philosophy at university. When he was 25, he set up a crisis helpline for farmers ...

Grandfathering phase out tussle continues

ELIZABETH MCARTHUR  |  FRIDAY, 22 NOV 2019
... not available 40 years ago to prevent the $50 billion of product failure that has been unfairly blamed on the advice community," Johnston said. The AIOFP is mounting a High Court challenge against the banning of grandfathered remuneration. "We think ...

Cbus, UniSuper back new housing bond

KANIKA SOOD  |  THURSDAY, 21 NOV 2019
... million. UniSuper's investment size was not reported by NHFIC. The money raised by the bond will be loaned to seven community housing providers, who will build 2000 properties and support 360 new social and affordable dwellings. NHFIC chief executive ...

Westpac faces 23 million breaches

ELIZA BAVIN  |  WEDNESDAY, 20 NOV 2019
... into Westpac's non-compliance. "These laws are in place to protect Australia's financial system, businesses and the community from criminal exploitation. Serious and systemic non-compliance leaves our financial system open to being exploited by criminals," ...

APRA to take transparent approach

HARRISON WORLEY  |  TUESDAY, 19 NOV 2019
... degree of regulatory prescription and oversight is needed to achieve the requisite improvement in GCRA practices and community outcomes," Lonsdale said. The APRA deputy chair also said the regulator would exercise the new approach with a level transparency ...

Total Financial Solutions to shutter next year

ELIZA BAVIN  |  TUESDAY, 19 NOV 2019
... the mentioned firms are $763,000. "TFS has undertaken its own transformation in recent years. It has a strong sense of community and has moved to the "new world" of advice and away from conflicted remuneration models," Rowe said. "It has not been easy ...