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Showing 1661 - 1670 of 6079 results for "Commission"

ANZ scraps individual bonuses

HARRISON WORLEY  |  TUESDAY, 6 AUG 2019
... ANZ noted its redesigned remuneration structure was a key initiative it set out for itself in response to the Royal Commission's recommendations in February, and said staff still need to satisfy specific conduct and performance requirements to earn variable ...

Adviser stole $200k from SMSFs

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
The Australian Securities and Investments Commission (ASIC) permanently banned a former financial adviser who stole more than $200,000 from client self-managed superannuation funds. Robert Michael of Bentleigh, Victoria has been permanently banned from ...

More scrutiny for super fund, insurance firm chiefs

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... sector, as well as examine how well financial institutions are implementing the recommendations of the banking Royal Commission. Financial services associations will also be called upon to appear before the standing committee. Treasurer Josh Frydenberg ...

EQT welcomes head of insurance

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... accountant. Executive general manager of the superannuation trustee office Mark Blair said the financial services Royal Commission, which concluded early this year, threw into sharp focus the importance of a strong and operationally independent trustee ...

AMP MDA constraints frustrate advisers

ELIZABETH MCARTHUR  |  MONDAY, 5 AUG 2019
The additional conditions imposed on AMP Financial Planning's managed discretionary account (MDA) licence has resulted in so many constraints on financial advisers that the offering is reportedly "unusable". A source told Financial Standard that AMP ...

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition taking ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... newer, better and more-affordable products are available on the market," he said. The final report of the Hayne Royal Commission recommended repealing the grandfathering provisions "as soon as is practicable". De Gori said the cost of the commission ...

More jobs more problems: FSC

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... account, while the old one gets eroded by fees and charges." The FSC supports the recommendation of the Productivity Commission and the Royal Commission that super members should be defaulted into a super account only once and should remain in that account ...

Xplore continues hunt for chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... from $627.5 million to $537 million. Xplore Wealth said retail inflows being down were a direct result of the Royal Commission, which impacted one of the larger clients in the MDA business leading to significant outflows over the quarter. The group also ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... community to gain the most up-to-date progress report on Professional Standards, FASEA and the implementation of Royal Commission implementations," he said "It is so important that delegates have the opportunity to hear more about the Government's ...