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Showing 151 - 160 of 1877 results for "Monday"

Banks, ASIC still at war over fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 12 MAR 2019
... years and cover 36 licensees from the six institutions that currently authorise more than 7,000 advisers," Press said on Monday. "However, we believe the institutions have failed to sufficiently prioritise and resource their reviews, particularly as ...

Government consults on super legislation

HARRISON WORLEY  |  TUESDAY, 5 MAR 2019
... Government has released draft legislation amending various pension related aspects of super legislation for consultation. On Monday, Assistant Treasurer Stuart Robert said the proposed changes to super legislation would correct the way market-linked ...

Industry funds wary of stapling default members

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... 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 on the matter - that each person have one default account ...

MGP chief executive departs

KARREN VERGARA  |  FRIDAY, 15 FEB 2019
... as the company embarks on its next stage of growth and development." Don Sharp, who stepped down as executive chair on Monday to become acting group chief financial officer, will assume the role of acting chief executive if a suitable candidate is not ...

FASEA confirms code of ethics standard

HARRISON WORLEY  |  TUESDAY, 12 FEB 2019
... the code of ethics set to govern the behaviour of financial planners and advisers from next year has been confirmed. On Monday, FASEA released the legislative instrument and explanatory statement of its code of ethics standard, after 18 submissions informed ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... demand. Commissioner Kenneth Hayne did not make a specific recommendation on them in his final Royal Commission report on Monday. "The desirability of predictable and stable funding for the legal assistance sector and financial counselling services is ...

Synchron slams RC on commissions

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... recommendations to cull commissions are causing advisers some concern, according to Synchron director Don Trapnell. On Monday, Commissioner Kenneth Hayne formally recommended an end to grandfathered commissions, and asked government to push to its current ...

CBA posts $4.6b in profits, dividend flat

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
... remediation. CBA's stock jumped on Tuesday, as the Royal Commission's final report delivered after market close on Monday stayed away from recommending an end to vertical integration.

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Treasurer Josh Frydenberg said eliminating misconduct was important, but the Government has other considerations to bear when implementing the Royal Commission's final recommendations. Speaking at the Australian Finance Industry Association conference ...

Super fund slashes fees, switches administrator

KARREN VERGARA  |  WEDNESDAY, 21 NOV 2018
... stopped sending half-yearly statements dated July 1 to December 31; and extended its call centre hours from 8am to 8pm (AEST) Monday to Friday. EISS was the super fund exclusively for workers in the energy industry in NSW until it opened to the public ...