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Showing 191 - 200 of 288 results for "DAS"

NAB to face Senate grilling over advice scandal

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
National Australia Bank (NAB) head of wealth Andrew Hagger will face tough questioning from the Senate Economics Committee at a hearing in Melbourne this afternoon. "The reason why we called this hearing is because we want to get to the bottom of this ...

From oil at US$300 to oil at US$30

BENJAMIN ONG  |  MONDAY, 1 DEC 2014
And an oil, oil here, oil, oil there, everywhere an oil, oil. It had been on a slippery slope since prices peaked in the dying days of June this year, but 'twas only last week when the headlines splattered oil all over our faces and onto market consciousness. ...

FoFA disallowance could put industry into breach of law

LAURA MILLAN  |  WEDNESDAY, 19 NOV 2014
A Senate alliance between Labor, the Greens and three crossbench Senators has pushed for a motion to disallow the Coalition's proposed changes to the Future of Financial Advice (FoFA) legislation in a move that could put the industry immediately into ...

Questions raised about ANZ and Timbercorp

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
The Senate Economics Committee inquiry into forestry managed investment schemes heard victims of Timbercorp point to the failed scheme's relationship with ANZ Banking Group. "The evidence presented at the first hearing of the Senate inquiry in forestry ...

CBA appoints litigators as customer advocates

LAURA MILLAN  |  MONDAY, 3 NOV 2014
Commonwealth Bank (CBA) has appointed three law firms as independent customer advocates for its Open Advice Review compensation program. Maurice Blackburn, Shine Lawyers and Slater and Gordon have been appointed to support individual customers through ...

Coalition secures PUP support on FoFA vote

LAURA MILLAN  |  THURSDAY, 2 OCT 2014
The Coalition defeated a Labor motion to disallow the changes to the Future of Financial Advice (FoFA) legislation after it secured the support from Palmer United Party (PUP) and other crossbench Senators. Labor Senator Sam Dastiary's attempt to disallow ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
Labor and the Greens have asked the government to postpone again the vote on the changes to the Future of Financial Advice (FoFA) legislation until the Financial System Inquiry (FSI) releases its conclusions. "Labor Senators urge the government to withdraw ...

Bipartisan Senate inquiry to grill financial services again

LAURA MILLAN  |  FRIDAY, 5 SEP 2014
Labor Senator Sam Dastyari has obtained the support from the Coalition to conduct a new Senate Economics Committee inquiry to scrutinise the financial services industry. The inquiry will continue the task of last year's Senate Economics Committee inquiry ...

FoFA legislative changes pass in the House of Reps

LAURA MILLAN  |  THURSDAY, 28 AUG 2014
The House of Representatives has voted in favour of the government's amendments to the Future of Financial Advice (FoFA) legislation. The members of Parliament voted following a long debate where the Coalition outlined its position in favour of the ...

Cap market efficiency plummets

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2014
Reinforcing why the government initiated the Financial System Inquiry, economic research by Industry Super Australia has revealed that the financial services sector is becoming less efficient at raising capital. The cause of the problem, according to ...