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Showing 151 - 160 of 350 results for "Final Report"

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... encourage errant behavior as funds try to sign up the first-time entrants into the superannuation system." In the final report of the financial services Royal Commission handed down last Monday, Hayne came to the same conclusion as the Productivity Commission ...

NAB most distrusted bank in Australia

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... distrusted bank brand in a Roy Morgan survey conducted after the financial services Royal Commission handed down its final report and NAB bosses resigned. In January, Commonwealth Bank had the lowest trust score but after Commissioner Kenneth Hayne singled ...

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... amended the SIS Act and some of its superannuation bills to include recommendations made in the Royal Commission's final report. Superannuation fund trustees are set to be banned from treating employers in efforts to be selected as their default ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... likely to be disrupted as the Federal Government looks to implement the recommendations of the Royal Commission's final report. Latest insights from Roy Morgan show intermediaries account for the distribution of about 35% of the total value of major ...

Royal Commission will worsen credit crunch: Poll

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
... Financial Standard 's latest spot poll shows. The majority of respondents (64%) agreed Commissioner Hayne's final report, which was released on February 4, will have the unintended consequences of making it tougher to obtain finance. About one-in-four ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... Account. Commenting on NAB's executive leadership shakeup after the financial services Royal Commission's final report, Costello said the bank's leadership has responded appropriately and shown responsibility for the bank's actions. "Normally ...

NAB wealth exit delayed

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
... was yet to arrive about the proposed legislative changes resulting from the recommendations of the Royal Commission final report, the current regulatory and operating environment for wealth business was tough. "A delay of the intended public markets ...

NAB chief executive and chair exit

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... acknowledges the bank has "sustained damage" as a result of past practices and comments made in the Royal Commission's final report about them. Commissioner Kenneth Hayne lambasted the leadership of Thorburn and Henry, believing they have not learned ...

NAB calls trading halt

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... commencement of trade on February 8, or when the announcement is released to the market. The bank was singled out in the final report of the Royal Commission released on February 4. Commissioner Kenneth Hayne criticised the leadership of chief executive ...

AFCA appoints new ombudsman

DARREN SNYDER  |  THURSDAY, 7 FEB 2019
... chief executive and chief ombudsman David Locke said: "AFCA recognises the importance of small businesses and the final report from the Hayne Royal Commission clearly demonstrates how devastating it can be when they have financial disputes that are not ...