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Showing 21 - 30 of 80 results for "Banking Royal Commission"

Finance is least ethical sector: Governance Institute

ANNABELLE DICKSON  |  FRIDAY, 27 NOV 2020
... "Our survey shows that the perception of the finance industry in Australia is still recovering from the banking royal commission and other scandals, and the media is suffering the same crisis of legitimacy here as overseas," she said. The education industry ...

APRA eases hard caps in revamped executive pay

KANIKA SOOD  |  THURSDAY, 12 NOV 2020
... (revised CPS 511). The non-financial measures (like potential detriment to consumers) were a focus at the Banking Royal Commission, which eventually made three recommendations on the subject. What qualifies as "material" is not defined in the report ...

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... businesses in the financial planning industry have faced a great deal of turmoil in the aftermath of the Banking Royal Commission, with hundreds of planners bearing the brunt of brutal restructures and fire sales by banks and wealth funds," ombudsman ...

ASIC names operations, risk leads

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... resumed many of its projects that were temporarily disrupted; particularly work that pertains to the banking Royal Commission recommendations. In the financial advice sector, ASIC will continue to identify unlicensed advice and take "swift action," against ...

Statewide overhauls risk management approach

ELIZA BAVIN  |  WEDNESDAY, 15 JUL 2020
... 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 focusing ...

AMP should stop whining: Slater and Gordon

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... 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 show up to ...

Aussie financial firms struggle to manage risk: Study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
... 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
... 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 the structure ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... 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 SMSF options ...

Life risk insurance not profitable: KPMG

HARRISON WORLEY  |  FRIDAY, 22 NOV 2019
... 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, particularly ...