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Showing 551 - 560 of 1257 results for "Royal Commission"

EQT welcomes head of insurance

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... accountant. Executive general manager of the superannuation trustee office Mark Blair said the financial services Royal Commission, which concluded early this year, threw into sharp focus the importance of a strong and operationally independent trustee ...

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition taking ...

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... newer, better and more-affordable products are available on the market," he said. The final report of the Hayne Royal Commission recommended repealing the grandfathering provisions "as soon as is practicable". De Gori said the cost of the commission ...

More jobs more problems: FSC

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... gets eroded by fees and charges." The FSC supports the recommendation of the Productivity Commission and the Royal Commission that super members should be defaulted into a super account only once and should remain in that account when changing jobs unless ...

Xplore continues hunt for chief executive

ELIZABETH MCARTHUR  |  FRIDAY, 2 AUG 2019
... from $627.5 million to $537 million. Xplore Wealth said retail inflows being down were a direct result of the Royal Commission, which impacted one of the larger clients in the MDA business leading to significant outflows over the quarter. The group also ...

Jane Hume to address AFA Conference

KRISTI CHENG  |  THURSDAY, 1 AUG 2019
... community to gain the most up-to-date progress report on Professional Standards, FASEA and the implementation of Royal Commission implementations," he said "It is so important that delegates have the opportunity to hear more about the Government's ...

Advice resilient under pressure: Research

ELIZABETH MCARTHUR  |  THURSDAY, 1 AUG 2019
Just 11% of financial advisers plan to leave the industry if the full recommendations from the Royal Commission are implemented. However, data shows the industry's outlook as a whole remains positive. This is a key finding from Investment Trends' 2019 ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
... associates breach the civil penalty provisions, they may be fined up to 2400 penalty units. The financial services Royal Commission found some large superannuation funds were spending significant amounts to maintain or establish good relationships with ...

Industry not impressed with APRA

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
The latest stakeholder survey shows the Royal Commission continues to hurt the regulator's standing in the financial services community. APRA's latest biennial stakeholder survey shows industry players are less impressed with the prudential ...

Advice software firm appoints sales lead

KRISTI CHENG  |  WEDNESDAY, 31 JUL 2019
... Bernasconi. WealthO2 was established in 2015 and has grown close to $1.5 billion through referrals. "In the wake of the Royal Commission, and the bank exodus from wealth, the adviser community is at a point of inflection. "WealthO2 has appointed Phil ...