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Showing 121 - 130 of 148 results for "Financial Services Royal Commission"

AZ NGA merges embattled advice firm

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... In April 2018, then-Henderson Maxwell chief executive Sam Henderson was called before the financial services Royal Commission where it was revealed he had instructed employees to impersonate clients on several occasions and provided advice that would ...

Bank customer trust plummets: Research

KARREN VERGARA  |  TUESDAY, 26 JUN 2018
The level of bank customer trust and satisfaction is worsening thanks to the banking and financial services Royal Commission, according to new surveys. Prior to the Royal Commission, bank customer satisfaction reached 82.3% in January 2018 but plunged ...

What worries Aussie advisers: Natixis

KANIKA SOOD  |  TUESDAY, 12 JUN 2018
The financial services Royal Commission coupled with the recent collapse of Dover Financial Advisers suggests it should come as no surprise that financial advisers are finding it difficult to navigate Australia's regulatory landscape. The 2018 Natixis ...

AMP appoints group general counsel

DARREN SNYDER  |  FRIDAY, 25 MAY 2018
... spent two years with the ASX. Salter departed at the height of AMP's recent appearances at the financial services Royal Commission and when its financial advice division faced much scrutiny. He was one of several executives to depart including then AMP ...

Praemium chief executive returns to board

HARRISON WORLEY  |  MONDAY, 14 MAY 2018
... improved the value of the company for shareholders," Lewin said. "With the fallout from the Financial Services Royal Commission, Praemium is extremely well placed to be a beneficiary of the shift to independence, and we welcome Michael's ongoing ...

AMP to fight class actions, prioritise performance

HARRISON WORLEY  |  THURSDAY, 10 MAY 2018
... vigorously defend two class action lawsuits brought against it by shareholders in the wake of the Financial Services Royal Commission. In an ASX announcement on the morning of its AGM, AMP stated it had been served with two class action proceedings. ...

What the 2018 Budget means for you

DARREN SNYDER  |  TUESDAY, 8 MAY 2018
... Federal Government is committing $10.6 million to ASIC and $2.7 million to APRA in light of the financial services Royal Commission. The Federal Government is also proposing middle and lower income earners pay up to $530 less in tax, starting next year. ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
Both ASIC and APRA will receive additional payments from the Government in light of the financial services Royal Commission. ASIC will receive $10.6 million over two years from 2017-18 and APRA will receive $2.7 million in 2018-19. The Government said ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... to allow for disgorgement of profits in civil proceedings. However, it is waiting for the financial services Royal Commission's findings to act on three sets of recommendations: self-reporting, industry codes and giving ASIC powers to direct licensees. ...

Macquarie platform, wrap businesses soar

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
... contributed $560 million to the bottom line, up 9% year-on-year. Platforms were a hot topic in the financial services Royal Commission last month. Commissioner Kenneth Hayne described AMP's fee structure as a "collection mechanism" that automatically ...