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Showing 5251 - 5260 of 17956 results for "Bank"

Brenner leaves AMP

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
... Commission: ROYAL COMMISSION: Top stories AMP kept unsuspecting clients in the dark Unions lobby super sector to cut big bank, AMP ties Advisers react to Royal Commission revelations

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... forms incorrectly. NAB adviser Bradley Meyn witnessed non-lapsing binding death benefit nominations in clients' absence. The bank finally fired Meyn for "deliberately falsifying details". However, NAB failed to disclose Meyn's conduct to FPA, of which ...

Royal Commission bad for super: Switzer

ALEX BURKE, JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... customers who thought they were hard done by," the media spectacle surrounding the hearings would have deleterious effect on bank stocks. "I know this sounds so gratuitous but our super funds make us accessories before the fact," he said. "We expected ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
Financial advisers are struggling to comprehend the level of misconduct revealed by the past fortnight's Royal Commission hearings. Will the non-aligned advice space be strengthened by the findings? Or will the vertically integrated model withstand ...

Financial planning must regroup and reform: Social Media

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
Social media commentators have called for structural changes to the financial planning industry after the Royal Commission wrapped up its investigation into financial advice this week. After a fortnight of revelations during the Royal Commission's probe ...

ROYAL COMMISSION: Our top stories

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Missed something? Here's a recap of the most read stories to come out of the second week of the Royal Commission's inquiry into financial advice. High profile adviser under fire The Royal Commission heard how Fair Work commissioner Donna McKenna received ...

Saxo Bank moves banking platform to cloud

KANIKA SOOD  |  FRIDAY, 27 APR 2018
Saxo Bank has entered a strategic partnership with tech giant Microsoft, under which it will aim to run the technology stack for all of its banking products on Microsoft cloud. Founder and chief executive Kim Fournai said the move will help the bank ...

Whitehelm Capital acquires AGL assets

KARREN VERGARA  |  FRIDAY, 27 APR 2018
... purchased the assets on behalf of Sustainable Energy Infrastructure, which it manages and is owned by MTAA Super and Commonwealth Bank Group Super. The portfolio comprises 18 small generation operations located throughout Australia, which includes landfill ...

ASIC grilled over negotiating with banks

ALEX BURKE  |  FRIDAY, 27 APR 2018
The Royal Commission today questioned ASIC over its practice of heavily negotiating enforceable undertaking outcomes with financial advice licensees. Senior Counsel Assisting Rowena Orr asked ASIC senior executive leader - financial advisers, Louise ...

RBA names new chief information officer

ALEX BURKE  |  FRIDAY, 27 APR 2018
The Reserve Bank of Australia has appointed a new chief information officer. Gayan Benedict has been serving as the RBA's deputy head, technology services since 2013. Before that, he was senior manager, department of information technology. Prior to ...