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Showing 2631 - 2640 of 5260 results for "SCA"

Institutional investors call out climate policy

DARREN SNYDER  |  WEDNESDAY, 27 FEB 2019
A collective of Australian institutional investors labelled the Federal Government's proposed $3.5 billion Climate Solutions Package as "more of the same", failing to properly address climate change risks. The Investor Group on Climate Change (IGCC) ...

KPMG expands advice remediation team

HARRISON WORLEY  |  TUESDAY, 26 FEB 2019
KPMG recently launched a hiring spree to support clients with financial advice remediation efforts. As wealth managers further move to remediate customers for various fees for no service and financial advice misconduct, KPMG is bolstering its managed ...

GAM sacks investment director

JAMIE WILLIAMSON  |  FRIDAY, 22 FEB 2019
GAM Investments confirmed fixed income investment director Tim Haywood was dismissed for "gross misconduct" following an internal investigation. And he's appealing the decision. In August 2018, Haywood was at the centre of an investigation that ...

BTFG restructure sees corporate super lead exit

JAMIE WILLIAMSON  |  FRIDAY, 15 FEB 2019
The head of corporate superannuation at BT Financial Group will depart following a strategic review. BT Financial Group has confirmed to Financial Standard it will merge its superannuation distribution teams "to maximise the expertise across all BT ...

Royal Commission dampens superannuation success

KARREN VERGARA  |  WEDNESDAY, 13 FEB 2019
Findings from the banking Royal Commission has overshadowed Australia's superannuation system scoring the top spot in a global study of pension markets. Willis Towers Watson and the Thinking Ahead Institute named Australia as the number one pension ...

APRA could oversee stalled super fund mergers

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
The financial services Royal Commission has suggested APRA's proposed new powers could be used to address stalled super fund mergers. The Parliament is currently waiting to pass a number of changes to the Superannuation Industry (Supervision) Act (SIS ...

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
Australia's largest financial institutions said they are committed to improvement following the release of Royal Commission's final report. Landing yesterday, the report was scathing in its assessment of banking executives. Commissioner Hayne said the ...

Hayne stops short of dismantling vertical integration

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
The business model under fire for much of the Royal Commission has escaped punishment in Kenneth Hayne's final report. In handing over his 76 recommendations to improve the banking and financial services industry in Australia, Hayne avoided calling ...

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Industry Super Australia has criticised the banking Royal Commission final report for falling short of addressing conflicts of interest. Industry Super Australia said the structure of the industry and other profit-to-member super funds has avoided such ...

Hayne recommends new regulatory overseer

HARRISON WORLEY  |  MONDAY, 4 FEB 2019
The Royal Commission final report recommends the roles of ASIC and APRA be adjusted when it comes to superannuation oversight. A new independent body will also oversee the regulators. Releasing his final report into Misconduct in the Banking, Superannuation ...