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Showing 1161 - 1170 of 1691 results for "Royal"

MLC refunds $67m in advice fees

KARREN VERGARA  |  FRIDAY, 27 JUL 2018
... changes made to death and total and permanent disablement insurance in both products. NULIS is due to appear before the Royal Commission, scheduled to run from August 6-17. "MKPS members regularly received the contact details of their financial adviser ...

Credit Suisse promotes private banking specialist

JAMIE WILLIAMSON  |  FRIDAY, 27 JUL 2018
... relationship manager, becoming team leader in 2013 and market leader in 2017. He previously worked at Macquarie Group, the Royal Bank of Canada and Hambros Bank. He also served seven years in the British Army. In announcing the appointment, Wade said ...

Airlie backs financials but wary on banks

DARREN SNYDER  |  THURSDAY, 26 JUL 2018
... Commonwealth Bank. Williams said Australia's banking sector faces numerous headwinds and poor sentiment, especially around the Royal Commission, but he does believe this will pass and it could offer an opportunity to invest in future years. "Over ...

Grandfathered commission debate an overreaction: AFA

JAMIE WILLIAMSON  |  THURSDAY, 26 JUL 2018
... Advice and Macquarie to remove these payments, is a "massive overreaction" as a result of AMP head of advice Jack Regan's Royal Commission testimony. "The assumption about the prevalence of grandfathered commissions that emerged from the Royal Commissions ...

Banks take 1500 days to identify breaches: ASIC

KANIKA SOOD  |  THURSDAY, 26 JUL 2018
... suggesting solutions to the trust deficit problem. He said if the conflicts of interest (such as were highlighted at the Royal Commission) are embedded in remuneration, they will become embedded in the organisation's culture. And shifting culture ...

Nicholas Moore to retire from Macquarie Group

HARRISON WORLEY  |  THURSDAY, 26 JUL 2018
... all operations, and effective consequence management. He added Macquarie Group made submissions to the financial services Royal Commission, and confirmed the bank would continue to respond to the inquiry, which launches into its fifth round of public ...

Super under microscope at Royal Commission

DARREN SNYDER  |  MONDAY, 23 JUL 2018
Among its latest witness list, the financial services Royal Commission managed to capture about 50% of both the retail and industry superannuation fund segments in terms of funds under management. Rainmaker analysis shows superannuation funds called ...

CPA Australia scraps advice offering

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
... and Ethics Authority (FASEA), increased regulation and costs, as well as potential outcomes from the Financial Services Royal Commission, the board will prudently consider how CPA Australia can be best equipped to support members in the provision of ...

Ex-industry super fund chief joins robo-adviser

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
... excited about joining Six Park, believing there is huge potential in robo-advice particularly in the climate created by the Royal Commission. "Robo-advice removes the conflict that exists in many forms of financial advice. Six Park is leading the way ...

Pressure mounts on regional advice

JAMIE WILLIAMSON  |  MONDAY, 23 JUL 2018
... availability of financial advice in regional and rural Australia is at risk of being further undermined as the fallout from the Royal Commission continues. An analysis of the ASIC Financial Adviser Register (FAR) shows 4700 financial advisers are operating ...