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Showing 151 - 160 of 632 results for %22Financial Services Royal Commission%22

Calls for overhaul of AFSL system

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
... a professional registration for individual advisers to replace the current system. Currently, an Australian financial services licence (AFSL) is required to provide advice. FPA chief executive Dante De Gori said the law should be changed to focus the ...

Banks accused of violating worker ethics

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... Policy Network of the University of Divinity. It examines the impact that the internal policies of banks and financial services companies have on the working lives of eight FSU members. "Workers have bore the brunt of efforts to extract maximum profits ...

IOOF settles class action

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
... deceptive conduct, that executives knew of the risky conduct and that IOOF Investment Management and Questor Financial Services breached their duties as superannuation trustees. The action was on behalf of shareholders who bought stock between 27 May ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... systems - the Hayne Royal Commission of late (which dealt with the shenanigans of banks, superannuation and financial services industry most recently) - have had Australia correct "mistakes of its past". This is perfectly rational. However, to apply ...

ASIC bans RC case study adviser

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... 10-year ban handed down by ASIC. ASIC has banned Adelaide-based adviser Christopher Norman Harris from providing financial services for 10 years, after the regulator found his advice was not always in the best interests of clients, and did not always ...

Government delays RC implementation timeline

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
... announcement today balances the need to implement the recommendations of the Royal Commission with the need to ensure our financial institutions are in a position to devote their resources to responding to the significant challenges posed by the coronavirus," ...

FASEA extension to pass next week

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... webinar for the Financial Planning Association of Australia members, assistant minister for superannuation, financial services and financial technology Jane Hume delivered some welcome news about the extension to FASEA requirements. Hume confirmed the ...

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... facing significant disruption." ASIC said in the six months between July 1 and 31 December2019, it recorded 55 financial services related results. Additionally, as at 1 January 2020, ASIC had 14 criminal and 58 civil financial services related matters ...

New firm joins Count Financial network

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
Count Financial has become the licensee of an accounting-led financial advice firm in Queensland. Affinitas Financial Planning has joined Count Financial as its newest corporate authorised representative. Affinitas Financial Planning managing director ...

AMP director retires

ALLY SELBY  |  MONDAY, 23 MAR 2020
AMP has announced the retirement of another director, as the beleaguered financial services powerhouse continues to shake-up its board as part of a three-year transformational strategy. Andrew Harmos will retire from AMP on May 8 to dedicate his time ...