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Showing 1341 - 1350 of 3378 results for "Committee"

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
... although Hagger said this has since been remedied. When Meyn's conduct was originally reported to NAB's breach review committee, NAB general manager, risk, wealth advice Luke Haworth-Booth did not consider Meyn's conduct a serious compliance concern ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... and at one point an 'E' - meaning he failed to meet the most minimum standards. Mr E was then referred to the advice committee (which Britt chaired) that ultimately decided not to terminate his employment. Instead, it provided him additional training ...

ROYAL COMMISSION: Top stories

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... ongoing service fees to clients that had died. Referring to a document from a December 2015 CBA risk and compliance committee meeting, Senior Counsel Assisting Michael Hodge outlined three instances including one in which a client had passed away in ...

Meller to leave AMP immediately

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... leadership and governance renewal over the past year but we know we have much more to do to." AMP has established a board committee to review the issues related to its advice business as revealed by the Royal Commission this week. The committee is to ...

Dead advice clients slugged ongoing service fees

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... ongoing service fees to clients that had died. Referring to a document from a December 2015 CBA risk and compliance committee meeting, Senior Counsel Assisting Michael Hodge told the Commission of an instance in which service fees were charged to a client ...

Suncorp names new chair

HARRISON WORLEY  |  THURSDAY, 19 APR 2018
... McLouhglin has served on the Suncorp board since February 2015, and is the current chairman of the Suncorp remuneration committee. She is also a member of the bank's risk committee. McLoughlin is a veteran of the financial services industry with more ...

RC findings bring shame on advice industry: social media

ALEX BURKE  |  TUESDAY, 17 APR 2018
... to questions. Watching the Banking Royal commission, I'm reminded of what we recommended to the Joint Parliamentary Committee 9 years ago regarding fee for no service in financial planning. 9. Years. Ago. #BankingRC pic.twitter.com/hz4oFGuLaP - Tim Mackay ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
Following today's round of hearings for the Royal Commission, the Finance Sector Union of Australia (FSU) noted that "banks had better systems in place to track incoming revenue than to make sure customers had been given the ongoing advice they were ...

Royal Commission must cast net wider

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... superannuation funds is being overlooked. Adding fuel to these calls was a February hearing of the Parliamentary Joint Committee on Corporations and Financial Services - where ASIC deputy chair Peter Kell conceded the regulator has failed to effectively ...

Industry Super Australia chief executive resigns

ALEX BURKE  |  FRIDAY, 13 APR 2018
... September. Before ISA, he was a director at HESTA and STA as well as a member of the audit, compliance and risk management committee at AustralianSuper. Commenting on Whiteley's departure, ISA chair Peter Collins said: "Under David's stewardship, ISA ...