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Showing 461 - 470 of 1559 results for "Round"

Institutions respond to Royal Commission, make commitments

HARRISON WORLEY  |  TUESDAY, 5 FEB 2019
... report. Landing yesterday, the report was scathing in its assessment of banking executives. Commissioner Hayne said the final round of hearings - which saw chief executives and chairs of the big banks, AMP and financial services regulators APRA and ASIC ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... reiterated a multi-billion dollar risk commission payout that was also cited by Rowena Orr when she kicked off the sixth round of the Royal Commission hearings in September. Insurers had paid out $6.1 billion to advisers in commissions for selling life ...

Harder for insurers to dodge claims

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... tougher to dodge paying out claims if the Royal Commission's recommendation to amend insurance law is enacted. At the round six hearings of the Royal Commission, it was revealed that CommInsure used outdated medical definitions in denying a customer's ...

Misconduct must end: Frydenberg

DARREN SNYDER  |  MONDAY, 4 FEB 2019
The banking, superannuation and financial services Royal Commission has made 76 recommendations to address industry misconduct and Treasurer Josh Frydenberg said the Federal Government will act on each of them. The Treasurer has put the blame of industry ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
Pop that cork! Roll out the barrels... the barrels of fun! The Australian Bureau of Statistics' (ABS) latest tracking of the labour market shows that we've got jobs and they're multiplying. Total employment grew by a greater-than-expected ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... sales; improving the sale of funeral insurance and banning medical disclosure checking without reasonable grounds. The sixth round of the Royal Commission in September 2018 exposed significant issues with the life insurance industry that are now in the ...

VC investments in Australia hit record high

HARRISON WORLEY  |  TUESDAY, 22 JAN 2019
Latest KPMG research shows the amount of venture capital funding invested in Australia last year hit a record high, with about $1.2 billion invested. However despite the record result, Australian venture capital investing is just a slither of the overall ...

Ethical investments top mandate appointments

JAMIE WILLIAMSON  |  TUESDAY, 22 JAN 2019
An analysis of the 273 mandate appointments in the year to September 2018 demonstrates the rise of ethical investing. Rainmaker analysis shows ethical or responsible investments were the fastest growing asset class in the 12-month period. Allocations ...

CCIV consultation opens

KARREN VERGARA  |  THURSDAY, 17 JAN 2019
The next phase of implementing the Corporate Collective Investment Vehicle regime is open for consolation. Stakeholders have until 28 February 2019 to make submissions on two proposed bills - the tax and regulatory component, and related explanatory ...

Best in show, but for how long?

JAMIE WILLIAMSON  |  FRIDAY, 11 JAN 2019
... AustralianSuper, LGS, CareSuper and Statewide would again feature. However, Intrust, BUSSQ, MTAA Super and UniSuper would this time round out the top 10. Commenting on the report yesterday, ASFA chief executive Martin Fahy said it is disappointing the ...