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Showing 181 - 190 of 348 results for "Final Report"

Royal Commission to suppress bank stocks

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... major banks to trade at the premium they've been accustomed to. And the financial services Royal Commission's final report, due today, will play its part. The major banks have experienced numerous earnings downgrades and the outcome of the Royal ...

MLC drops wrap and super admin fees

DARREN SNYDER  |  TUESDAY, 29 JAN 2019
... products and services are meeting their changing needs.'' The fee cuts are also arriving before the Royal Commission's final report; and during an ongoing ASIC and MLC civil case in the Federal Court over separate fees-for-no-service issues. The chief ...

Parametric critiques Productivity Commission's final report

HARRISON WORLEY  |  THURSDAY, 24 JAN 2019
Parametric have taken the final Productivity Commission report into superannuation to task in its latest research report. According to the firm, the PC missed an opportunity to highlight how super members retiring on after-tax returns are penalised ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
Nearly two weeks after the Productivity Commission unveiled its final report, has its push to overhaul the superannuation system fallen on deaf ears? Two legal experts discuss what could happen next. Following a three-year review that produced 31 recommendations ...

Managed accounts not immune to Royal Commission

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... report. It is an area Wivell Plater "confidently" predicts Commissioner Hayne will recommend increased focus in the final report due on February 1. Wivell Plater said advisers who offer or recommend managed accounts by and large have a "genuine conviction ...

SMSF returns not accurate in Productivity Commission report

KANIKA SOOD  |  MONDAY, 21 JAN 2019
The Productivity Commission's final report quoted SMSF costs at "close to double" of the actual cost of running SMSFs $500,000 or less in net assets, Class said. In July last year, Class made a submission to the PC saying APRA and ATO used different ...

COBA appoints former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... customers. "The review of the code will seek to ensure stakeholders concerns are openly gathered to help guide the final report," he said. "I am delighted to have the opportunity to be working with COBA once again." COBA's code is reviewed every five ...

Kelly O'Dwyer to leave parliament

HARRISON WORLEY  |  MONDAY, 21 JAN 2019
... culminated in the Royal Commission hearings in 2018. With the Government awaiting the release of the Royal Commission's final report before implementing the Productivity Commission's findings, the former Minister for Revenue and Financial Services could ...

Australian Ethical divests IOOF

KARREN VERGARA  |  FRIDAY, 18 JAN 2019
... has disputed some key facts about its actions. "As a result, we decided to wait until the Royal Commission's final report before making a decision about whether to divest from IOOF. "However, APRA's legal action in December 2018 prompted us to ...

IOOF, ANZ deal not in best interests of members: Morningstar

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JAN 2019
... conclude such a successor fund transfer is in the best interest of members," a Morningstar research note said. The final report to come out of the Royal Commission next month will likely further damage IOOF's chances, Morningstar added. "We believe the ...