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Showing 471 - 480 of 1257 results for "Royal Commission"

RI Advice faces ASIC action

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2019
... action against RI Advice and one of its former financial advisers who was the subject of a case study during the Royal Commission. Commencing court action today, the corporate regulator has alleged RI Advice failed to take reasonable steps to ensure ...

Crestone profits boosted by clients

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... specialists in the cyber risk and regulatory compliance areas, augmenting any requirements that may come from the Royal Commission," Crestone said. "Through the understanding of our niche client segment and the increased focus on top of the more traditional ...

ANZ profits hit by remediation, low rates

ELIZA BAVIN  |  THURSDAY, 31 OCT 2019
... improving customer experience, balance sheet strength and improving our culture and capability." In the wake of the Royal Commission, which has seen the bank pay around $1.2 billion in customer remediation, it said it has implemented "industry leading" ...

Suncorp wealth chief steps down

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
... done an outstanding job over the past six years at Suncorp, including leading the group's response to the Royal Commission. She will provide a valuable addition to our senior leadership team," Johnston said.

Consumers trust super funds about as much as banks

ELIZABETH MCARTHUR  |  WEDNESDAY, 30 OCT 2019
... best interests. Meanwhile, 54% of people trusted banks to act in their best interest immediately following the Royal Commission. The average Australian's confidence that they will have enough money to enjoy a comfortable retirement is up slightly, though ...

Labor supports FASEA extension, confusion remains

ELIZABETH MCARTHUR  |  MONDAY, 28 OCT 2019
... delays to the FASEA deadlines. The spokesperson said while Labor feels the government has been slow to implement Royal Commission recommendations; it is sympathetic to how difficult it will be for many advisers to meet the deadlines while running small ...

Berkshire to chase growth for InvestSMART

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
The ASX-listed financial services business has hired Berkshire Global Advisors to look for growth options as its revenue from grandfathered commissions starts to dry up. Commissions on funds and insurance products accounted for more than 56% of InvestSMART's ...

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
... practices with its former top executives. Larissa Baker Cook was involved in AMP's legal preparation for the Royal Commission, its work for ASIC enforcement notices and handling advice complaints and insurance claims at different points in time. ...

Westpac takes $1 billion profit hit

ELIZA BAVIN  |  THURSDAY, 24 OCT 2019
... Westpac is the last of the big four to announce further customer remediation costs following the fallout from the Royal Commission. ANZ saw remediation costs breaking $1 billion, while National Australia Bank added an extra $1.18 billion bringing its ...

AustralianSuper appoints group executives

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... He was most recently the group executive, strategy brand and reputation and led the fund's response to the royal commission. He started with the fund in 2007 when he was appointed its general manager of business development when he was the Finance ...