Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 111 - 120 of 1232 results for %22Royal Commission%22

Most shorted companies on ASX: Report

ELIZABETH MCARTHUR  |  TUESDAY, 2 NOV 2021
... excess of short sellers taking positions on the stock. "The company is a leading casino operator and a recent royal commission investigation concluded that the company had engaged in 'illegal, dishonest, unethical, and exploitative' conduct," Fintel ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... Prosecutions, which will prosecute the case in the Federal Court at a later date. CBA's conduct was revealed during the Royal Commission and was the subject of a case study in the final report from Commissioner Hayne. The charges also come after ASIC ...

New FSC board appointment

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
... chief executive at the end of the year. Loane has led the industry body for seven years, including through the Royal Commission and its aftermath. "Sally strengthened the FSC's contributions in a range of important policy areas - for our industry ...

AFA shuffles board, names new president

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... an outstanding president of the AFA." He commended Nowak's tireless advocacy on behalf of the AFA as the Royal Commission reforms have continued unabated and the COVID-19 pandemic created major operational challenges for the AFA and its members. ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... post‐tax statutory loss of about $26 million after the transaction. St Andrew's was embroiled in the Hayne Royal Commission for its affiliation with Select AFSL's dodgy sales practices. Select terminated its agreement to distribute and promote ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... sales agents could qualify for included overseas holidays and a Vespa scooter. ASIC is taking action following the Hayne Royal Commission's case study of Freedom Insurance, which is now in liquidation. In one instance, the firm sold life insurance ...

Sally Loane resigns as FSC chief

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... chief executive at the end of the year. Loane has led the industry body for seven years, including through the Royal Commission and its aftermath. In her time, Loane was involved in several key industry projects including the development of the Asia ...

Better Advice Bill gets green light

KARREN VERGARA  |  FRIDAY, 22 OCT 2021
... which introduces a new disciplinary body, passed the senate overnight. Under the Financial Sector Reform (Hayne Royal Commission Response-Better Advice) Bill 2021 (Better Advice Bill), from 1 January 2022, the Financial Services and Credit Panel within ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
... industry, and pressures on the financial advice sector. "With the introduction of increased regulation post the Hayne Royal Commission, the exit of the major banks from the wealth management sector and the ongoing reductions in the number of licensed ...

Actuaries Institute devises director skills checklist

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
... devised a checklist, specifically aimed at banks and insurance companies, to help avoid issues raised in the Royal Commission. Rafe and Laughlin believe all new board members should be assessed against a clearly defined criteria, saying doing so would ...