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Showing 411 - 420 of 1257 results for "Royal Commission"

AMP urged to mediate with advisers

ELIZA BAVIN  |  FRIDAY, 31 JAN 2020
... in the financial planning industry have faced a "great deal of turmoil" Carnell said, in the aftermath of the Royal Commission. She said hundreds of advisers are now bearing the brunt of brutal restructures and fire sales by banks and wealth funds. "We ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
... than 15 years, its experience ensures it is "better placed than most" to comment on the debate. Pointing to the Royal Commission's final report into misconduct in the financial services industry, Bristow recalled Commissioner Hayne's opinion that adding ...

SMSFA chief slams regulators, FASEA

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... named AMP and IOOF as the major groups committed to providing financial advice amid the fallout from the Banking Royal Commission. Maroney supported increased competition in the sector, applauding the effort of industry fund Hostplus to offer SMSF options ...

The growing risk to financial advisers

ALLY SELBY  |  THURSDAY, 23 JAN 2020
... educational requirements and compliance pressures, in addition to major trust issues on the back of the Hayne Royal Commission. "The industry is in a state of flux and for those of us who remain, the transition is not an easy one," Hutton said. "The ...

Banking sector losses continue

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... slowdown are being felt around the country, coupled with the sector's public scandals and ongoing fallout from the Royal Commission. ANZ took the biggest loss to its brand value out of the banks, down 26%, and the second biggest against all other companies ...

Mayfair fights for use of word

ELIZA BAVIN  |  MONDAY, 20 JAN 2020
... said it has hired senior counsel Matthew Darke to represent it. Darke recently represented Westpac following the Royal Commission. "Platinum Asset Management has been facing its own challenges since Kerr Neilson stepped down [as chief executive] in February ...

Future of life insurance in doubt: APRA

ELIZABETH MCARTHUR  |  FRIDAY, 17 JAN 2020
... said this was in part due to "poor product design" and "aggressive" selling methods, as highlighted during the Royal Commission. "Some long-standing issues in this industry remain unresolved, including how to deal with legacy products," the regulator ...

ASIC increases levy costs

ELIZA BAVIN  |  THURSDAY, 16 JAN 2020
... per sector was primarily driven by the increase in enforcement matters adopted following recommendations of the Royal Commission. "The ASIC industry funding model was designed so that industry levies are set at the end of the year, after ASIC's regulatory ...

HESTA names chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 16 JAN 2020
... practicing solicitor in both private practice and in-house role early in his career," Blakey said. Blakey said the Royal Commission spurred the creation of the new role. "In the wake of the Hayne Royal Commission we have seen how critical a strong culture ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... NULIS in the Federal Court over fees for no service conduct, and also working with it to improve in line with Royal Commission recommendations. Steve Schubert has been appointed the chair of MasterKey and Plum Investment committee. He was Russell Investments' ...