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Showing 21 - 30 of 76 results for "Banking Royal"

Statewide overhauls risk management approach

ELIZA BAVIN  |  WEDNESDAY, 15 JUL 2020
... risk officer, Jason Muir said his goal is to refresh the industry fund's approach to risk in a post-COVID-19 and Banking Royal Commission environment. Speaking to Financial Standard Statewide Super's chief executive Tony D'Alessandro said the fund is ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... indemnity insurance.. "Mr De Ferrari runs an organisation that somehow managed to claim a gold medal for disgrace at the banking Royal Commission in a highly competitive field," Hardwick said. "It's difficult to imagine the arrogance necessary to ...

Aussie financial firms struggle to manage risk: Study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... face unforeseen consequences. "Risk and compliance functions are undoubtedly under immense pressure following the Banking Royal Commission and now, with COVID-19," Accenture Australia and New Zealand managing director Tales Lopes said. "In fact, COVID-19 ...

The blame game

ELIZA BAVIN  |  THURSDAY, 23 APR 2020
... Griffith said he is uncomfortable with the idea of the 'super mega-fund' for a couple of reasons. "We've just a had a banking Royal Commission which highlights some of the issues with a large, conglomerate sector with only subtle differentiation, where ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... sector." He named AMP and IOOF as the major groups committed to providing financial advice amid the fallout from the Banking Royal Commission. Maroney supported increased competition in the sector, applauding the effort of industry fund Hostplus to offer ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... well as a retreat from direct distribution models following the exposure of problems with these models during the Banking Royal Commission. A well-functioning, sustainable, accessible and trusted life insurance industry is important for all Australians ...

Berkshire to chase growth for InvestSMART

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
... transaction between Hunter Hall and Washington H. Soul Pattinson. "Given the current Australian economy, recent banking royal commissions and scalability of funds management as a business, the board believes it is the right time to assess all available ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... ongoing commissions to financial advisers who were not required to provide any ongoing services to members." "The Banking Royal Commission revealed that since 2013, CFS paid financial advisers or the licensees they worked for over $400 million in commissions ...

RC sting felt in finance pay packets

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
... recruiter pointed to the outcomes of the Royal Commission as a leading factor in the changes. "There is no doubt the Banking Royal Commission created a major distraction and, hiring activity at the very senior end slowed as a result," the report found. ...

Calls to give ASIC power to repair reputations

ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
... damaging question or submission can have lethal consequences," he said. Crutchfield went as far as to compare the banking Royal Commission to the executions of the French Revolution. "In the financial services Royal Commission, the metaphorical tumbrels ...