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Showing 1421 - 1430 of 6079 results for "Commission"

The growing risk to financial advisers

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... educational requirements and compliance pressures, in addition to major trust issues on the back of the Hayne Royal Commission. "The industry is in a state of flux and for those of us who remain, the transition is not an easy one," Hutton said. "The ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
More than a year after it was recommended by Commissioner Kenneth Hayne, the government has taken steps to extend the Banking Executive Accountability regime to include super funds and other APRA-regulated entities. Set to be known as the Financial ...

Your Super, Your Choice debate heats up

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... insurance levels, effectively forcing these individuals to maintain multiple super account." The FSC cited Productivity Commission modelling suggesting an individual with two accounts for their whole working life will be 6% worse off than those with ...

Banking sector losses continue

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... slowdown are being felt around the country, coupled with the sector's public scandals and ongoing fallout from the Royal Commission. ANZ took the biggest loss to its brand value out of the banks, down 26%, and the second biggest against all other companies ...

Millions up in smoke in cannabis scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... the owner - a US film producer - spent the money on a yacht and several luxury cars. The US Securities and Exchange Commission has filed charges against Guy Griffithe and Robert Russell for an alleged scheme that defrauded investors who thought they ...

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
Maurice Blackburn Lawyers today filed a class action on behalf of more than 330,000 National Australia Bank superannuation customers. The action relates to MasterKey Business Super and Personal Super account holders and accuses NAB of breaching its ...

What people really think about life commissions

ELIZABETH MCARTHUR  |  TUESDAY, 21 JAN 2020
... Relationship Report looked at what clients want from financial advice and life insurance. The research found that "commission" isn't necessarily a dirty word to clients - but they want flexibility in how they pay. Eight in 10 consumers with life insurance ...

Fraudster dyed hair, grew beard to evade regulator

ELIZABETH MCARTHUR  |  MONDAY, 20 JAN 2020
... and grew a beard in an attempt to go unrecognised as he launched a new bitcoin scheme. The US Securities and Exchange Commission charged Boaz Manor last week with raising over US $30 million from hundreds of investors in a fraudulent bitcoin offering. ...

Mayfair fights for use of word

ELIZA BAVIN  |  MONDAY, 20 JAN 2020
... said it has hired senior counsel Matthew Darke to represent it. Darke recently represented Westpac following the Royal Commission. "Platinum Asset Management has been facing its own challenges since Kerr Neilson stepped down [as chief executive] in February ...

Chief economist update: Happy New Year rat

BENJAMIN ONG  |  MONDAY, 20 JAN 2020
... same time injecting CNY400 billion (US$56.94 billion) in the system. In September, the National Development and Reform Commission (NDRC) announced more than 1 trillion yuan of infrastructure projects to reverse slowing economic growth. More recently ...