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Showing 21 - 30 of 105 results for "Senate Economics Committee"

Lawyer slams NAB compensation scheme

LAURA MILLAN  |  FRIDAY, 22 MAY 2015
... Macquarie advisers. In April, NAB's claims of an independent review process were questioned by the Senate Economics Committee during aA public hearing in Canberra as part of the Scrutiny of Financial Advice inquiry. However, following the bank's appointment ...

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
... NAB's claims of an independent review process have been questioned in the past, most recently by the Senate Economics Committee during a public hearing in Canberra as part of the Scrutiny of Financial Advice inquiry. Committee chair and Labor Senator ...

Sacked Macquarie advisers still in the industry

LAURA MILLAN  |  TUESDAY, 21 APR 2015
... employed in other financial planning firms, Macquarie chief executive Nicholas Moore said. Speaking at a Senate Economics Committee public hearing within the Scrutiny of Financial Advice inquiry, Moore said: "We don't keep track of people [who leave ...

Industry should help fund ASIC: ANZ

LAURA MILLAN  |  TUESDAY, 21 APR 2015
... so it can "fully police industry behaviour." ANZ deputy chief executive officer Graham Hodges told a Senate Economics Committee hearing within the Scrutiny of Financial Advice inquiry that "the industry must take responsibility for its actions." The ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
... divisions at a public Senate hearing in Canberra on Tuesday. Chaired by Labor Senator Sam Dastyari, the Senate Economics Committee will interrogate Macquarie Group chief executive Nicolas Moore and head of banking and financial services Greg Ward. They ...

NAB to face Senate grilling over advice scandal

LAURA MILLAN  |  FRIDAY, 6 MAR 2015
National Australia Bank (NAB) head of wealth Andrew Hagger will face tough questioning from the Senate Economics Committee at a hearing in Melbourne this afternoon. "The reason why we called this hearing is because we want to get to the bottom of this ...

Nationals pressure Treasury for RC into white collar crime

LAURA MILLAN  |  MONDAY, 23 FEB 2015
... between Williams and the Treasurer, the Senator said. Williams is the Senator who tabled the motion for a Senate Economics Committee inquiry into the performance of the Australian Securities and Investments Commission (ASIC) in mid-2013. The inquiry ...

FEATURE: 2014 year in review

MARK SMITH, LAURA MILLAN, JAMES FERNYHOUGH  |  FRIDAY, 12 DEC 2014
... took over, sought more consultation and took FoFA through yet another Senate inquiry. In June, the Senate Economics Committee issued a report that was broadly supportive of the Coalition's proposed amendments. But both Labor and the Greens dissented. ...

Advisers confronted with harsh reality of whistleblowing

LAURA MILLAN  |  FRIDAY, 21 NOV 2014
... regulator was not acting on his and other whistleblowers' information. These revelations prompted a Senate Economics Committee inquiry into ASIC, which resulted into a comprehensive report that included 61 recommendations. Morris spoke about the effects ...

Questions raised about ANZ and Timbercorp

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
The Senate Economics Committee inquiry into forestry managed investment schemes heard victims of Timbercorp point to the failed scheme's relationship with ANZ Banking Group. "The evidence presented at the first hearing of the Senate inquiry in forestry ...