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Showing 21 - 30 of 56 results for "Public Trust"

Culture change must not be a fad: APRA

HARRISON WORLEY | FRIDAY, 11 OCT 2019

... executive Louise Davidson went a step further than the APRA chair, declaring governance was not up for negotiation. "Public trust in business remains shaken and companies have more work to do to meet the expectations of the broader community," Davidson ...

Chief executive bonuses unscathed by public perception

ELIZA BAVIN | TUESDAY, 17 SEP 2019

Declining public trust in the post-Royal Commission world was not enough to dampen executive pay packets, with over half of ASX100 chief executives receiving at least 70% of their maximum entitlement. A report from the Australian Council of Superannuation ...

Former Westpac adviser permanently banned

JAMIE WILLIAMSON | WEDNESDAY, 26 JUN 2019

... to act in the best of interests of their clients or to prioritise their clients' interests over their own erodes public trust in financial services professionals and affects the financial system as whole. Individual advisers have a role to play in rebuilding ...

One third of Australians trust robo-advice

ELIZABETH MCARTHUR | WEDNESDAY, 24 APR 2019

... has mushroomed in the wake of the Royal Commission." Financial advisers in particular need to focus on rebuilding public trust in the digital age, he added. "They have lost their voice and partially forgotten to story-tell and build a narrative of trust ...

We must do better: ASFA

JAMIE WILLIAMSON | WEDNESDAY, 14 NOV 2018

... shy away from the criticism of the Royal Commission. Following a video recap of the inquiry, Easson said restoring public trust is the industry's biggest challenge and should be key focus going forward. "Our industry does a good job, mostly - in ...

Regulatory inadequacy to blame: Hayne

JAMIE WILLIAMSON | FRIDAY, 28 SEP 2018

... kind to revelations of wrongdoings are generally accompanied by apologies and undertakings to take steps to restore public trust, he said. "That generally similar conduct occurred in all of the major entities suggests that the conduct cannot be explained ...

Foreign owners take over life insurance: KPMG

KARREN VERGARA | TUESDAY, 21 AUG 2018

... prominent role, increasing from 23% to 30% of gross policy revenue in the last five years. Further, KPMG forecasts public trust will be an ongoing issue and additions to the 2017 Life Insurance Code of Practice will be made.

Chief executive pay cheques get fatter

KANIKA SOOD | TUESDAY, 17 JUL 2018

... legislative intervention such as seen in the UK might be required to give shareholders a greater say. "At a time when public trust in business is at a low ebb and wages growth is weak, board decisions to pay large bonuses just for hitting budget targets ...

Industry leaders in sales and marketing recognised at MAX Awards

STAFF WRITER | FRIDAY, 15 JUN 2018

... the Royal Commission inquiry and the Productivity Commission findings, it is incumbent upon the industry to regain public trust. Everyone in this room plays an important role in that," he said. The 2018 MAX Awards featured 22 categories that reflect ...

Fees for no service compensation unfinished business: ASIC

DARREN SNYDER | THURSDAY, 17 MAY 2018

... targeted on remuneration improved their practices in line with shareholder expectations," he said. But not surprisingly, public trust in Australian business has fallen and in some sections companies have damaged their social licence to operate, Silk ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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