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Showing 401 - 410 of 1257 results for "Royal Commission"

Tough times continue for AMP

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... Group chief risk officer Jenny Fagg has resigned. Fagg joined AMP's leadership team in January 2018 ahead of the Royal Commission and will depart on April 3. AMP said Fagg leaves with the group's best wishes, having strengthened the group's risk management. ...

Surplus may not be as advertised: Grattan

ELIZABETH MCARTHUR  |  MONDAY, 10 FEB 2020
... announced and more to come." Wood said she also expects to see more aged care spending after the revelations from the Royal Commission into aged care. She also argued that we could be seeing "the death of The Phillips Curve" with predictions of 3% to ...

Separate advice and product: AIOFP

ELIZABETH MCARTHUR  |  FRIDAY, 7 FEB 2020
... AIOFP said it agrees with the "general thrust" of the Compensation Scheme of Last Resort and findings from the Royal Commission but it is proposing an internal structure to the scheme that will deliver more equitable outcomes for financial advisers. ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
On the anniversary of the Royal Commission's final report, AFA chief Phil Kewin reflects on the year that was and how the playbook - and rules - changed for advisers. It's been 12 months since the financial services sector was hit with Commissioner ...

New head of wholesale at Fidelity

KANIKA SOOD  |  WEDNESDAY, 5 FEB 2020
... Devoy. "The financial services industry is going through a period of unprecedented change following last year's Royal Commission. We are already seeing a shift in the structure in the market and we recognise we will need to adapt to support our wholesale ...

Perth advice firm folds

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... advice firm had to call in liquidators, with its directors blaming a 30% fall in its business revenue after the Royal Commission among other reasons. WA Wealth Managers (and WAWM Holdings Pty Ltd, as the main related firm) was run by Robert Hutchison ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... in some ways proved an enabler of poor conduct and poor consumer outcomes revealed by the financial services royal commission." Rice Warner's analysis stated that the quality of the disclosures is another contributor to the problem. "In other words ...

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... federal government has released a tranche of draft legislation implementing much of the recommendations of the Royal Commission, including banning directors of RSEs to hold any other roles and prohibiting trustees from charging advice fees in MySuper ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... released consultation draft legislation to implement 22 recommendations and two additional commitments from the Royal Commission. The proposed new legislation also covers limiting avoidance of life insurance contracts. "We are on track to meet the accelerated ...

Fidelity backs personality tests

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... thinking behind the research. "If there is something we can do to ensure those who have moved as a result of the Royal Commission into the unadvised space or those who have never been advised might become more open to receiving advice and becoming part ...

Editor's Choice

Invesco launches new equity fund

ELIZA BAVIN
Invesco said the new fund will give Australian investors access to a systematic global equity strategy with a 20-year track record.

FCA pursues Neil Woodford again

KARREN VERGARA
The Financial Conduct Authority (FCA) is going after failed fund manager Neil Woodford again, this time for allegedly providing unauthorised investment advice via W4.0, his Dubai-based investment platform.

Former APRA deputy chair launches retirement solutions startup

KARREN VERGARA
A former APRA deputy chair has launched CipherIQ, a new venture that provides retirement solutions via account-based pensions in partnership with superannuation funds, financial advisers and retirees.

Global X launches space tech ETF

MATTHEW WAI
Global X has now launched the space tech ETF (ASX: MOON).

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