Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 19 of 19 results for "Scrutiny of Financial Advice"

Lawyer slams NAB compensation scheme

LAURA MILLAN  |  FRIDAY, 22 MAY 2015
... questioned by the Senate Economics Committee during aA public hearing in Canberra as part of the Scrutiny of Financial Advice inquiry. However, following the bank's appointment of Kingsford Smith, Committee chair and Labor Senator Sam Dastyari told Financial ...

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
... most recently by the Senate Economics Committee during a public hearing in Canberra as part of the Scrutiny of Financial Advice inquiry. Committee chair and Labor Senator Sam Dastyari told NAB chief executive: "Mr Thorburn, you throw around the word ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... statutory financial advice victim insurance scheme at the Senate Economics References Committee's Scrutiny of Financial Advice inquiry on April 21. The potentially $50 million scheme would be self-funded by the industry and was described by Dastyari ...

CBA advisers ran from ASIC

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
... when the regulator began its investigation. Speaking at the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, he said that "People who know they have done wrong, once the investigation starts, run away and you don't get a ...

NAB to take "leading role" in advice remediation

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
During the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, NAB chief executive Andrew Thorburn said the bank was prepared to take a "leading role" in addressing the compensation gap for victims of poor financial advice. ...

Sacked Macquarie advisers still in the industry

LAURA MILLAN  |  TUESDAY, 21 APR 2015
... executive Nicholas Moore said. Speaking at a Senate Economics Committee public hearing within the Scrutiny of Financial Advice inquiry, Moore said: "We don't keep track of people [who leave MPW], but anecdotally I know that some of them are still in ...

Industry should help fund ASIC: ANZ

LAURA MILLAN  |  TUESDAY, 21 APR 2015
... deputy chief executive officer Graham Hodges told a Senate Economics Committee hearing within the Scrutiny of Financial Advice inquiry that "the industry must take responsibility for its actions." The regulator "will never have sufficient resources to ...

Medcraft backs national adviser exam

MARK SMITH  |  TUESDAY, 13 JAN 2015
... national adviser exam In its submission to the Senate Economics Reference Committee inquiry into the scrutiny of financial advice. The bank said the new education framework should set standards and outline the minimum competency requirements and any ...

CBA appoints litigators as customer advocates

LAURA MILLAN  |  MONDAY, 3 NOV 2014
... that chairman David Turner and chief executive Ian Narev have been asked to appear in front of the Scrutiny of Financial Advice inquiry, conducted by the Senate Economics Committee. In an interview on ABC Radio, the Committee's chair Sam Dastyari was ...
PAGE:
2