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Showing 351 - 360 of 1257 results for "Royal Commission"

Trust in big four improves

ALLY SELBY  |  MONDAY, 11 MAY 2020
... COVID-19 had presented banks with an opportunity to repair reputational damage. "The Big 4 have been through the Royal Commission and Westpac having the financial watchdog AUSTRAC level 23 million allegations against it for breaches of money-laundering ...

Government delays RC implementation timeline

HARRISON WORLEY  |  MONDAY, 11 MAY 2020
The government has deferred the implementation of Royal Commission recommendations by six months. The amended timetable sees measures the government was committed to deliver by June 30 set to arrive by December, and measures scheduled for December now ...

AMP defends hefty remuneration bill

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... poor performance of the wealth management business, Murray said the Future of Financial Advice Reforms and the Royal Commission had caused the public to doubt the business' commitment to customers. De Ferrari was at one point asked what the median ...

FASEA extension to pass next week

ELIZABETH MCARTHUR  |  FRIDAY, 8 MAY 2020
... Gori said ahead of the webinar. "COVID-19 has arrived at a time when the industry was busy responding to the Royal Commission and working though new education requirements. "The health pandemic has put things into perspective and right now it is essential ...

ASIC releases weekly regulatory tracker

ELIZA BAVIN  |  FRIDAY, 8 MAY 2020
... there has been 25 regulatory changes, including to market integrity rules, implementing recommendations from the Royal Commission and guidance on AFSL requirements. ASIC said it remains committed to focusing its efforts on COVID-19 related regulatory ...

Advice, but not as you know it

ELIZA BAVIN  |  THURSDAY, 7 MAY 2020
... of JANA, Jim Lamborn, said the advice industry was already going through a significant period of change post-Royal Commission. "Unfortunately, everyone always talks about putting the client at the front and centre of everything they do and then you see ...

Adviser bans fall

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... resources to take on more enforcement work and made very significant progress in responding to matters related to the Royal Commission. "As I have emphasised over the past year, ASIC has a clear resolve and the Office of Enforcement is delivering on ...

Global manager reduces fees on flagship fund

ALLY SELBY  |  THURSDAY, 30 APR 2020
... (0.60% p.a.) and its Dynamic Global Bond Fund (0.40% p.a.), which have both been competitively priced for the post Royal Commission and FOFA environment. The government's changes to end grandfathered provisions for conflicted remuneration will come into ...

Aussie funds bleed $4bn in March

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... Australia as investors responded to global volatility, followed by a modest net outflow in February 2019 when the Royal Commission's findings were released. March outflows of over $3.8 billion beat them both but the redemptions began to slow down in ...

Life insurers prepare for grilling

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... Committee on Economics, with committee chair Tim Wilson committing to grilling insurers on revelations from the Royal Commission, as well as issues raised by the COVID-19 pandemic. The grilling is part of the committee's ongoing review of the four major ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN  |   12:13PM
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA  |   12:05PM
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA  |   12:03PM
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI  |   11:12AM
Global X has now launched the space tech ETF (ASX: MOON).

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