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Showing 431 - 440 of 1257 results for "Royal Commission"

ASIC drags NAB to court for fees-for-no-service

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... proceedings against NAB in the Federal Court over fees-for-no-service, which the bank continued to charge after the Royal Commission. The corporate regulator is seeking to find NAB made several thousand contraventions of the ASIC Act and the Corporations ...

Dealer group boosts compliance team

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2019
... became more complex. "The compliance regime for planners has become much more demanding in the wake of the Hayne Royal Commission. Licensees have a duty to their authorised representatives to stay on top of the changes, and the only way to do that is ...

ASIC takes action against TAL over RC case

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... her policy would be avoided due to her failure to disclose some "unrelated prior medical history". During the Royal Commission, it was revealed TAL was referring to medical treatment the customer had received for depression. According to case study notes ...

Cost savings, RC boost digital advice

JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
... also saw demand for the digital advice offering surge over the period, particularly during key milestones of the Royal Commission. In December 2017 when Commissioner Kenneth Hayne was appointed, the solution saw 1707 digital advice sessions. The following ...

NULIS satisfies ASIC requirements

HARRISON WORLEY  |  MONDAY, 16 DEC 2019
... engaging with the trustee in an effort to improve its operations and address the recommendations made by the Royal Commission.

Dealer group launches transition support service

HARRISON WORLEY  |  FRIDAY, 13 DEC 2019
... forward to its launch next year. "There is much change unfurling within our industry in the wake of the Hayne Royal Commission, particularly in relation to new AFSLs entering the market," Tunkin said. "Lifespan Partnership is designed to allow self-licensees ...

Sam Henderson attempts to set record straight

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
Former financial adviser and TV show host Sam Henderson has spoken out for the first time since his Royal Commission appearance and subsequent ASIC ban, taking to the XY Adviser podcast to describe the impact events of the last 18 months have had on ...

APRA slaps extra conditions on Avanteos

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
... because of the historic nature of the conduct. Avanteos self-reported its breaches to APRA in May 2018, before the Royal Commission referred the firm's conduct to the regulator in February this year for investigation, after counsel assisting Michael ...

Risk roles on the rise: SEEK

ALLY SELBY  |  WEDNESDAY, 11 DEC 2019
... significant rise in demand for risk and compliance roles in the financial services sector, stimulated by the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry," it said. "SEEK expects risk and compliance ...

SCA drags AMP over claim delays

ALLY SELBY  |  TUESDAY, 10 DEC 2019
... insurer," O'Halloran said. It comes two weeks after APRA proposed changes to pass recommendations from the Hayne Royal Commission to reduce conflicts of interest in insurance in superannuation. These changes will assure that insurance arrangements are ...