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| | | ANZ chairman David Gonski believes Australian philanthropists must give with more rigour as assets that have taken years to accumulate are too often spent on a whim. Speaking at the Philanthropy Australia National Conference in Melbourne yesterday ... |
| | | | Two former superannuation industry executives have been nominated as members of ASIC to serve a period of five years each. Among his first duties as Federal Treasurer, Josh Frydenberg announced Danielle Press and Sean Hughes will join the corporate ... |
| | | | ... Solutions and TWD Australia making the cut. Meanwhile, finalists for the AFA Rising Star Award - presented in partnership with ANZ - were also announced last week. This year, 50% of the Rising Star finalists are female with Finance Your Future's ... |
| | | | The Royal Commission cast serious doubts over the ability of APRA and ASIC to effectively regulate the superannuation industry, questioning their purpose in safeguarding retirement savings and the stability of the financial system. In his fifth round ... |
| | | | Retail superannuation funds at CBA, NAB, AMP and other institutions could face criminal charges after the Royal Commission's team of lawyers highlighted several instances where corporate and superannuation law was breached. The closing submission ... |
| | | | The life insurance industry turned in a solid FY18, latest APRA statistics show. In the year to 30 June 2018, life insurers' total revenue stood at $37.6 billion, up 11.5% higher than the previous corresponding period. This was driven by net policy ... |
| | | | Foreign companies continue to gain the lion's share of Australia's life insurance industry, with the recent sale of CommInsure and OnePath set to boost foreign ownership from less than half to 66%, KPMG research shows. According to the Life ... |
| | | | Following its acquisition of ANZ's aligned dealer groups, IOOF will welcome a new general manager for its combined financial advice business. Currently ANZ general manager, aligned licensees and advice standards, Darren Whereat will transition to the ... |
| | | | ASIC's favourite method of tackling misconduct came under fire as the Royal Commission capped off its round of superannuation hearings on Friday. First up was Tim Mullaly, a senior executive leader in ASIC's financial services enforcement division. ... |
| | | | The selling of superannuation products by ANZ branch staff has been called into question, with the Royal Commission suggesting the bank's practices are misleading and deceptive. Appearing before the Commission this morning, ANZ head of superannuation ... |
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