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Showing 11 - 20 of 21 results for "Royal Commission for"

Royal Commission and its one canoe message is on point

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... Hayne's "lovely" assertion that intermediaries cannot stand in more than one canoe is the key takeaway from the Royal Commission for SMSF advisers. "You can just imagine, one foot in one canoe and one foot in another," Cooper said. "What he [Hayne] means ...

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... like that but I think it has probably been like that." Thorburn's admission comes at the end of a difficult Royal Commission for the bank, which revealed it tried to find ways to retain plan service fees it charged to superannuation members, despite ...

Vamos joins embattled insurer

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
... director on the board of Freedom Insurance Group, the insurer that was admonished in the sixth round of the Royal Commission for deliberately selling insurance products to vulnerable customers. Following shareholder confirmation of her directorship later ...

Macquarie to front Royal Commission

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
Macquarie Group will front the financial services Royal Commission for the first time when the inquiry reconvenes for its final round of public hearings. Commissioner Kenneth Hayne released the list of entities called to give evidence in the seventh ...

Enforceable undertakings are effective: Research

KARREN VERGARA  |  FRIDAY, 26 OCT 2018
... in the operation of the business, she said. APRA and ASIC were slammed at the superannuation round of the Royal Commission for being toothless tigers. APRA deputy chair Helen Rowell said the prudential regulator banned one person (Trio Capital director ...

Labor proposes RC implementation task force

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... voted against it 26 times, she added. "The Liberals [were] tooth and nail against the establishment of a Royal Commission for 600 days. They wanted to protect the banks, in fact they wanted to give the banks a $17 billion tax cut," she said. Won't ...

NULIS names new chair

KARREN VERGARA  |  TUESDAY, 7 AUG 2018
... Accidents Insurance Board and Mission Australia. NULIS, owned by the NAB group, has been the case study of the Royal Commission for the last two days. NULIS acknowledged in its five submissions it engaged in misconduct falling below community standards ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... compensation program was "nearing completion". ANZ anticipates $50 million in legal costs stemming from the Royal Commission for the year ending September, it revealed in an earnings report. The bank's wealth business is set to be acquired by IOOF. On ...

Government targeted for delaying Royal Commission

ALEX BURKE  |  FRIDAY, 20 APR 2018
... said he was "wrong" to resist the calls for a Royal Commission. The Greens have campaigned for a banking Royal Commission for years. It's clear how important it is. pic.twitter.com/sH4o8e9sLI - Richard Di Natale (@RichardDiNatale) April 20, 2018 Greens ...

Royal Commission to grill FPA, AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
... superannuation and 5% to general insurance, intermediaries and financial advice. Those entities called upon by the Royal Commission for the second round are: AMP AMP Financial Planning ANZ ASIC Association of Financial Advisers BT Financial Group Charter ...