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Showing 411 - 420 of 1691 results for "Royal"

Challenges on the horizon for CountPlus

ANNABELLE DICKSON  |  FRIDAY, 28 AUG 2020
... useful in this financial year as chief executive Matthew Rowe said Count Financial will be faced with the consequences of the Royal Commission including the mandatory rollback of grandfathered rebates and platform commissions paid to licensees. Ahead ...

APRA issues new licence conditions on NULIS

ELIZABETH MCARTHUR  |  THURSDAY, 27 AUG 2020
... these provisions. The new directions and licence conditions follow an investigation into matters at NULIS uncovered by the Royal Commission. The Royal Commission formed the view that NULIS' decisions in regards to moving certain groups of members ...

Sam Henderson pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... included the claim that he had a Master of Commerce. Henderson was the subject of a case study on bad financial advice at the Royal Commission and was subsequently banned from providing financial services for a period of three years. During the Royal ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... In doing so, Asgard contravened its obligations as an AFSL holder to act efficiently, honestly and fairly. In 2018, the Royal Commission revealed that BT and Asgard charged about 767 members for financial product advice that wasn't provided between ...

Calls for consent forms, opt-ins to be scrapped

ELIZABETH MCARTHUR  |  TUESDAY, 18 AUG 2020
... compiled by Lifespan chief executive Eugine Ardino and Synchron chair Michael Harrison, the dealer groups argued that the Royal Commission and Future of Financial Advice (FOFA) reforms have been unsuccessful and have only made advice less accessible ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... aware that certain parties are considering additional legal action and class actions in relation to issues raised by the Royal Commission, saying it anticipates further matters may arise in Q4 of this year.

Catherine Brenner case dropped

ELIZABETH MCARTHUR, ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
... 50," Crennan replied. Brenner resigned as chair of AMP and stepped down from the board in April 2018 in the wake of the Royal Commission. "As chair, I am accountable for governance. I have always sought to act in the best interests of the company and ...

IOOF divests Australian Ethical

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... long period. In 2018 Australian Ethical divested AMP over revelations about AMP's advice business that emerged during the Royal Commission. It cited fees for no service, failure to reprimand dishonest advisers and remediate clients and keeping clients ...

Super funds slapped over smoker premiums

ALLY SELBY  |  FRIDAY, 7 AUG 2020
... more than $3.6 million in compensation." Trustees that have committed to remediating members are heeding the lessons of the Royal Commission, Press said, urging them to pursue outcomes for members in line with community expectations. "Superannuation ...

Alex Wade leaves AMP

JAMIE WILLIAMSON  |  THURSDAY, 6 AUG 2020
... Zealand. In doing so, he replaced Jack Regan who retired after an extended period of leave following his appearance at the Royal Commission. In October 2019 AMP combined its wealth management and banking units, creating AMP Australia and Wade was named ...