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Showing 561 - 570 of 1691 results for "Royal"

APRA proposes new banking data policies

ALLY SELBY  |  FRIDAY, 6 DEC 2019
... unions and building societies. It comes as various scandals continue to tarnish Australia's banking industry post Hayne Royal Commission. According to APRA, the move will increase accountability, support competition and lift overall industry standards ...

AMP cuts ongoing advice agreements

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... confirmed in late November an additional $415 million of advice remediation costs as a result of evidence produced at the Royal Commission. That takes AMP's total remediation bill for financial advice to $778 million. An early estimate from the Royal ...

Bill to defer adviser education standards tabled

ELIZABETH MCARTHUR  |  THURSDAY, 5 DEC 2019
... exam will be deferred by one year to 1 January 2022." The extension will come into effect the day after the bill receives Royal Assent. The amendments were cited as minor in nature and therefore unlikely to have a revenue impact and the potential compliance ...

CBA chief tasked with rebuilding banking

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... Elliot stepping down from the role. Comyn aims to rebuild consumer trust in Australia's banking sector following the Hayne Royal Commission and various scandals that have tarnished the banking industry of late. "I look forward to working with ABA members ...

ASIC bans direct life cold calling

HARRISON WORLEY  |  WEDNESDAY, 4 DEC 2019
... believes have led to unfair consumer outcomes. The regulator noted its action follows through on recommendation 4.1 of the Royal Commission final report to ban the hawking of life insurance products. "ASIC will intervene to stop practices that lead to ...

Industry fund for coal miners on ESG journey

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
... unanimous responses from the panel. One audience member asked how the panel was thinking about governance following the Royal Commission. The question prompted the panel to discuss AUSTRAC's recent claim that Westpac breached anti-money laundering ...

Regulators quash remuneration rumours

ELIZABETH MCARTHUR  |  THURSDAY, 28 NOV 2019
... strategic priorities it is working on, including confirming: "We are working hard to make sure all the investigations that the Royal Commission initiated are up and running by the end of the year." "As an industry we need to move on, as a regulator we ...

FSC hails super choice amendments

HARRISON WORLEY  |  THURSDAY, 28 NOV 2019
... engagement with the system. "We continue to urge the government to enact the recommendations of the Productivity Commission and Royal Commission and implement a default once system for superannuation so that all Australians can take their super fund ...

APRA floats insurance in super change

HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... Prudential Standard SPS 250 Insurance in Superannuation (SPS 250), responding directly to two of the recommendations of Royal Commissioner Kenneth Hayne. The proposals were outlined in a letter to industry stakeholders today, and include requiring super ...

Dover, McMaster found guilty

JAMIE WILLIAMSON  |  FRIDAY, 22 NOV 2019
... misleading and deceptive conduct in relation to the Dover Client Protection Policy which formed the core of McMaster's Royal Commission testimony last year. The judge deemed the policy to be misleading or deceptive or likely to mislead or deceive ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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