Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 31 - 40 of 56 results for "Public Trust"

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
... disappointing and damaging. There's no doubt that in the short term at least, there will be a further erosion of public trust. Even though headlines in mainstream media will be damning, the media is not responsible for the situation, those who have done ...

Dead advice clients slugged ongoing service fees

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
The Commonwealth Bank has admitted one of its advice subsidiaries charged ongoing service fees to clients it knew had passed away. Providing testimony to the Royal Commission today, CBA executive general manager, Commonwealth Private Marianne Perkovic ...

FS Live Blog: 2017 AFA National Adviser Conference

MICHELLE BALTAZAR  |  TUESDAY, 10 OCT 2017
... executive of ANZ Wealth, says the industry is suffering from a serious trust deficit and the only way to restore public trust is for the industry to band together. From spending more on technology to addressing lapse rates and offering more flexible ...

Hands off super: SMSFA

EMMA RAPAPORT  |  MONDAY, 11 SEP 2017
... Paper, Maroney said that when superannuation changes occur at the whim of budget policy, these activities affect the public trust in superannuation that can lead to individuals becoming disengaged with the system. "They may withhold from making contributions ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
... obligations to its investors. A survey from the Australian Bankers' Association released today shows low levels of public trust, confidence and transparency in the banking industry, with 70% placing their level of trust at neutral or low.

Government names advice standards chief

ALEX BURKE  |  MONDAY, 14 AUG 2017
... guide a renewed approach to improving standards, alongside a clear focus on mandatory ethical requirements to improve public trust and confidence," Walter said. Minister for Revenue and Financial Services Kelly O'Dwyer added: "FASEA will play an important ...

Profit-to-member super funds must restore trust: AIST

EMMA RAPAPORT  |  WEDNESDAY, 22 MAR 2017
... Westpac, and their report into the conduct of financial planners. In totality the banking industry's conduct has eroded public trust in the financial services industry, Scheerlinck said. Profit-for-member funds are a point of difference, ensuring that ...

Bligh appointed ABA chief executive

EMMA RAPAPORT  |  FRIDAY, 17 FEB 2017
... Royal Commission into the major banks. In a statement Bligh said she is excited about the opportunity to strengthen public trust in the banking system. "Our banks are critical to the strength and stability of our national economy and the prosperity and ...

Calastone expands NZ presence

KERRIE SYDEE  |  WEDNESDAY, 27 JUL 2016
... live in New Zealand in May, Calastone has signed two major platforms, Aegis and FNZ. They have also signed Custodian Public Trust and administrator MMC which represents a number of New Zealand's fund managers including: Devon Funds Management, Craigs ...

CPA granted AFSL

KERRIE SYDEE  |  MONDAY, 18 APR 2016
... executive, Alex Malley "There's no doubt that the issues that have arisen around some of these institutions have eroded public trust and confidence. Like everyone else, we've seen too many of these instances where Australians have suffered as a result ...