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Showing 151 - 160 of 388 results for "Hayne"

ANZ overcharges 3.4 million customers

ALLY SELBY  |  THURSDAY, 19 DEC 2019
... - identifying 3.4 million customers who have been overcharged as the bank swiftly makes good on recommendations from the Hayne Royal Commission. ANZ chief executive Shayne Elliot told shareholders at the bank's annual general meeting in Brisbane on Tuesday ...

No joy in the advice world this Christmas

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
... the way for the big banks to dominate the financial services industry and were the architects of the damage uncovered by Hayne - they are now unwinding their wealth and insurance divisions at great cost to their shareholders, industry and the tax payer," ...

Dealer group boosts compliance team

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
... on licensees became more complex. "The compliance regime for planners has become much more demanding in the wake of the Hayne Royal Commission. Licensees have a duty to their authorised representatives to stay on top of the changes, and the only way ...

ASIC takes action against TAL over RC case

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... commenced proceedings against TAL Life in the Federal Court over one of the cases referred to it by Royal Commissioner Kenneth Hayne. The corporate regulator has filed a civil case against TAL, alleging the insurance giant breached the ASIC Act, Corporations ...

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
... over the period, particularly during key milestones of the Royal Commission. In December 2017 when Commissioner Kenneth Hayne was appointed, the solution saw 1707 digital advice sessions. The following January following the initial public hearing, it ...

Dealer group launches transition support service

HARRISON WORLEY  |  FRIDAY, 13 DEC 2019
... said she looked forward to its launch next year. "There is much change unfurling within our industry in the wake of the Hayne Royal Commission, particularly in relation to new AFSLs entering the market," Tunkin said. "Lifespan Partnership is designed ...

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
... of this tardy insurer," O'Halloran said. It comes two weeks after APRA proposed changes to pass recommendations from the Hayne Royal Commission to reduce conflicts of interest in insurance in superannuation. These changes will assure that insurance arrangements ...

Culture index launched

ELIZA BAVIN  |  TUESDAY, 10 DEC 2019
In response to current concerns around Australian corporate culture exposed by the Hayne Royal Commission, a Melbourne-based startup has launched a standardised index creating culture transparency. The Workability Index (TWI) aims to provide companies ...

Deloitte hires from OneVue

ELIZA BAVIN  |  MONDAY, 9 DEC 2019
... "Given the strong market demand in this space, as the industry continues to both remediate and build for the future, post the Hayne Royal Commission into Misconduct in Banking, Superannuation, and Financial Services, Gomes is a welcome addition to the ...

APRA proposes new banking data policies

ALLY SELBY  |  FRIDAY, 6 DEC 2019
... credit unions and building societies. It comes as various scandals continue to tarnish Australia's banking industry post Hayne Royal Commission. According to APRA, the move will increase accountability, support competition and lift overall industry standards ...