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

Search Results

Showing 131 - 140 of 1594 results for "Royal"

FSC names acting chief executive

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... Asia Funds Passport, two Life Insurance Codes and the Stewardship Code for fund managers. Loane was grilled at the Hayne Royal Commission where she struggled to answer basic questions about the dodgy sales practices of life insurers.

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... proposed]." Highlighting the conflicts on interests that exist in vertically integrated organisations as exposed by the Hayne Royal Commission, Jones said it would be naive to think that this only exists with advisers attached to retail funds. Hume agreed ...

De Ferrari returns to Credit Suisse

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... The Credit Suisse veteran took the reins at AMP on 1 December 2018 as the firm grappled with the fallout from the Hayne Royal Commission. De Ferrari was hired on a rolling contract with either party being able to terminate on six months' notice. ...

Longo's ASIC less aggressive: Report

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
Despite a flood of litigation following the Royal Commission, a new report from Herbert Smith Freehills says Joe Longo's ASIC is taking a less aggressive enforcement approach than its contemporaries. Herbert Smith Freehills' Global Financial Services ...

ASIC sues ANZ in final civil RC case

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... 'Breakfree' packages in conduct dating back more than two decades. In what is the last investigation to come out of the Royal Commission, ASIC alleges that between the mid-1990s and September 2021, ANZ failed to provide certain benefits. These ...

Avanteos faces criminal charges over deceased super members

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 DEC 2021
... entitled to do so. Avanteos has remediated all affected customers. Avanteos's conduct was the subject of evidence given at the Royal Commission in the context of fee for no service conduct in the financial sector. The maximum penalty for each offence ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... refers to as junk insurance. "Customers who trusted the big banks were ripped off and continue to be out of pocket despite a Royal Commission and numerous ASIC investigations which found Westpac's behaviour was reprehensible," Paull said. "In terms of ...

AMP advances demerger

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... and internationally." The group has grappled with several cultural, performance and operational challenges since the Hayne Royal Commission. It recently entered into an enforceable undertaking with APRA for misconduct over its superannuation businesses ...

Review of ASIC kicks off

ELIZABETH MCARTHUR  |  TUESDAY, 30 NOV 2021
... The Financial Regulator Assessment Authority (FRAA) was established in response to recommendations 6.13 and 6.14 of the Royal Commission. It is tasked with reviewing and reporting on the effectiveness and capability of ASIC and APRA. However, the first ...

Industry fund chief steps down, successor named

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... Credit Union Australia's general manager, business transformation. He has also held roles with Lloyds Banking Group, Royal Bank of Scotland and Westpac. QSuper is in the process of merging with Sunsuper. When the two funds confirmed the post-merger ...