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

Search Results

Showing 491 - 500 of 1257 results for "Royal Commission"

AMP shamed by CHOICE

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... interests," AMP said. The consumer group made mention of the "underhanded behavior" that came to light at the Royal Commission, in which AMP was shown to have charged customers substantial financial advice fees without delivering a service. CHOICE also ...

Super funds face scrutiny in Canberra

ELIZA BAVIN  |  THURSDAY, 10 OCT 2019
... of the groups will include monitoring the sector's progress on implementing relevant recommendations from the Royal Commission. The hearings will take place in Canberra on November 21 and 22 this year. The government announced in July that it would extend ...

AMP combines business units, appoints new boss

KANIKA SOOD  |  THURSDAY, 10 OCT 2019
... for the segment were close to $4 billion, reflecting a range of factors including reputational damage from the Royal Commission, the company said in FY18 annual report. AMP Bank reported operating earnings of $148 million for the period, swelling by ...

QMV kicks off legal practice, appoints lead

KANIKA SOOD  |  TUESDAY, 8 OCT 2019
... works with about 25 superannuation clients. Recent work has been focused on data remediation arising out of the Royal Commission and management consulting, according to QMV managing partner Mark Vaughan. It now sees an opportunity in advising superannuation ...

Mental health tops TPD claims

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... support services related to mental health cost businesses around $13 billion each year. Commissioner for the Royal Commission into Victoria's mental health system, Allan Fels said financial services firms in particular need to address the issue. ...

ANZ remediation costs break $1 billion

ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
... compensation at the start of this month as the big banks continue to suffer the consequences stemming from the Royal Commission.

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... FASEA, dealer fees, PI costs and a host of other issues have been left unchallenged, including the very flawed Royal Commission recommendations," the group said. It added that little is being done to support financial advisers at risk of losing their ...

Return to the mutual model: Expert

ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
... companies are distributed to policyholders in the form of lower premiums or bonuses on policies." He said the Hayne Royal Commission highlighted the depth of reputational damage in the life insurance sector and industry more broadly. The revelations ...

RC sting felt in finance pay packets

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 OCT 2019
... bonuses in its 2019/2020 Market Trends and Salary Review. The boutique recruiter pointed to the outcomes of the Royal Commission as a leading factor in the changes. "There is no doubt the Banking Royal Commission created a major distraction and, hiring ...

Spotlight on super welcomed

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... took a similar view, with chief executive Sally Loane adding the default once system recommended by both the Royal Commission and the Productivity Commission were too important to see pushed to one side while the review took place. "Superannuation consumers ...