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Showing 241 - 250 of 1691 results for "Royal"

BT Practice Principals' Community goes independent

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
... support to meet the demands of successful self-licensed businesses. Costas said he and BT decided to part ways in the new post-Royal Commission, once it became clear adviser independence was becoming a highly valued commodity. The BT Community had 134 ...

Demand for niche advice firms increases

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
... those with forex capability are rare and generate a premium. After the 2012 Future of Financial Advice reforms and the Hayne Royal Commission report was released in Feb 2019, many buyers now want to buy only financial planning clients who pay annual ...

APRA finalises framework for insurance in super

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... has finalised its revisions to guidance on insurance in superannuation, which was made in response to findings from the Royal Commission. APRA conducted extensive industry consultation on this matter over two years. Now, the completion of this work fulfils ...

Cbus to create rainy day fund to cover fines

ELIZABETH MCARTHUR  |  THURSDAY, 11 NOV 2021
... of capital to pay any future fines. Following changes to the Superannuation Industry (Supervision) Act in response to the Royal Commission, many profit-to-members funds will have to restructure the way they pay penalties. As these funds do not have pools ...

Citi scores custody mandate

KARREN VERGARA  |  MONDAY, 8 NOV 2021
... was previously with RBC Investor & Treasury Services, which has exited operations in Australia following parent company Royal Bank of Canada's decision in 2019. Citi's custody and fund services business added 24 new clients in the past 18 months ...

FASEA to reword Standard 3

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
... reasonably be expected to induce you to act other than in the client's best interest." The second is align it to the Hayne Royal Commission findings: "You must not receive any benefit (whether monetary or non-monetary), nor enter into any relationship ...

Most shorted companies on ASX: Report

ELIZABETH MCARTHUR  |  TUESDAY, 2 NOV 2021
... due to an excess of short sellers taking positions on the stock. "The company is a leading casino operator and a recent royal commission investigation concluded that the company had engaged in 'illegal, dishonest, unethical, and exploitative' conduct," ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... Prosecutions, which will prosecute the case in the Federal Court at a later date. CBA's conduct was revealed during the Royal Commission and was the subject of a case study in the final report from Commissioner Hayne. The charges also come after ASIC ...

New FSC board appointment

ELIZABETH MCARTHUR  |  FRIDAY, 29 OCT 2021
... step down as chief executive at the end of the year. Loane has led the industry body for seven years, including through the Royal Commission and its aftermath. "Sally strengthened the FSC's contributions in a range of important policy areas - for ...

AFA shuffles board, names new president

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... Nowak "has been an outstanding president of the AFA." He commended Nowak's tireless advocacy on behalf of the AFA as the Royal Commission reforms have continued unabated and the COVID-19 pandemic created major operational challenges for the AFA and ...