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

Search Results

Showing 21 - 30 of 1256 results for "Royal Commission"

Count Financial class action dismissed

ELIZA BAVIN  |  WEDNESDAY, 28 MAY 2025
... Financial's costs. Piper Alderman launched the proceedings on the back of Count Financial's misconduct revealed in the Royal Commission and alleged it contravened obligations owed to clients when taking commissions from product issuers or clients. Piper ...

AMP super class action finally hits court

JAMIE WILLIAMSON  |  TUESDAY, 27 MAY 2025
... superannuation fees is finally being heard in court, with the trial kicking off today. In 2019, following the Royal Commission, several law firms sought to commence class actions against AMP in relation to fees charged to superannuation members. Slater ...

Australian investors loyal to wealth managers - until they're not

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
... robust regulatory guardrails and the work the sector has done to build trust following the Financial Services Royal Commission has gone a long way to creating an environment where investors are less likely to be considering a shift in primary providers," ...

Insignia lost a suitor, but takeover isn't off the table: Morningstar

ANDREW MCKEAN  |  THURSDAY, 15 MAY 2025
... which suggests that they're still engaged. It added that Insignia's reputation has been scarred by the Royal Commission, but the firm has "managed reputational risks better than its immediate peer AMP" thanks to its multi-brand offer.

ETF Shares introduces three ETFs on Cboe

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... flows in Australia. "We understand the local advice landscape, including the regulatory shifts following the Royal Commission. That knowledge, combined with our product expertise, positions us to serve advisers in a way other providers simply can't," ...

Coalition targets 'ambitious' goal of 30k advisers

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
... access to affordable advice. There are currently less than 16,000 financial advisers in Australia. Prior to the Royal Commission, at its peak, there was about 26,500. The Coalition said setting a target acknowledges the collapse in adviser numbers and ...

ASIC told to 'end the chaos' of ASX CHESS issues

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
... fulfilling its role." The report also discusses ASIC actions under new intervention powers granted after the Hayne Royal Commission, including step-in powers to block poorly targeted financial products, for which ASIC was praised. "The committee was ...

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... banned unsolicited cold calling in life and consumer credit insurance sales in January 2020 following the Hayne Royal Commission, intending to "stop practices that lead to poor consumer outcomes and trust in the financial system." Subsequently, the corporate ...

Property developer, investment firm goes 'all in' on Australia

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
... Thornton Private Wealth. It launched its Australian financial services business in the lead up to the 2018 Banking Royal Commission and currently partners with 35 advice firms across Australia. "We are investing in established and profitable small to ...

Our results were strong: Alexis George

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
... to improve its competitive position relate to peers. The note also said that a return to the company's pre-Royal Commission heyday is improbable. Morningstar said AMP's results fell short of expectations, though this was largely due to non-core ...