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Showing 481 - 490 of 938 results for "Representatives 221"

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
The House of Representatives Standing Committee on Economics' first report in its review of the four major banks has recommended breaking the big four's "oligopoly" and introducing competition into the sector. The report said this could be achieved ...

ASFA board changes

ALEX BURKE  |  MONDAY, 14 NOV 2016
The Association of Superannuation Funds of Australia has renewed its board of directors and announced three lifetime memberships. The board composition was revealed following ASFA's annual general meeting at the 2016 ASFA Conference on the Gold Coast. ...

Trump and Brexit comes back to haunt

BENJAMIN ONG  |  FRIDAY, 4 NOV 2016
... of "over-democracy"? The majority of the people voted for Brexit but they could be overruled by their elected representatives - the parliamentarians. According to latest reports, the May government will appeal the decision and expected to be resolved ...

New life insurance standards for super

KERRIE SYDEE  |  THURSDAY, 3 NOV 2016
Superannuation trustees and life insurers will be bound by new life insurance standards emerging from an industry leadership group aiming to benchmark best practice. The Superannuation Industry Working Group is a new collaboration between the Australian ...

Charter Hall abandons REIT IPO

ALEX BURKE  |  WEDNESDAY, 19 OCT 2016
Charter Hall Group has elected not to proceed with its IPO of the Long WALE REIT following a lack of institutional interest. Back in June, Charter Hall announced it was planning to list its Long WALE REIT on the ASX. The REIT was to comprise a "geographically ...

Cooper defends BT life insurance figures

ALEX BURKE  |  MONDAY, 17 OCT 2016
BT Financial Group chief executive Brad Cooper has defended BT's life insurance arm after it was revealed the 37% TPD denial rate highlighted in ASIC's industry review came from his company. Last week, ASIC came out with its review of life insurance ...

Poll provides fresh defence against Royal Commission

MARK SMITH  |  FRIDAY, 14 OCT 2016
The Australian Bankers Association (ABA) has launched its latest defence against Labor's proposed Royal Commission, releasing new poll data that shows a fall in support for an inquiry. The poll, conducted by Galaxy between October 6-9, shows two thirds ...

CommInsure under fire again

JAMIE WILLIAMSON  |  TUESDAY, 4 OCT 2016
The Commonwealth Bank has released an update on the ongoing independent review into its life insurance division CommInsure, following further accusations of misconduct. The review findings show the bank has retrieved and revised over five million documents ...

Universities must prepare for adviser reforms: FPA

KERRIE SYDEE  |  THURSDAY, 29 SEP 2016
The Financial Planning Association of Australia is calling on universities and other education providers to develop new programs ahead of the looming professional standards deadline. In partnership with the Financial Planning Education Council (FPEC) ...

Senior staff changes at RBA

JAMIE WILLIAMSON  |  TUESDAY, 20 SEP 2016
The Reserve Bank of Australia is restructuring, seeing a number of internal moves and one retirement. Current assistant governor, economic, Christopher Kent has been appointed assistant governor, financial markets; a role made vacant following Guy Debelle's ...