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Showing 561 - 570 of 1257 results for "Royal Commission"

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... payment of such commissions was a key recommendation in Commissioner Kenneth Hayne's final report on the Royal Commission released in February which made 76 recommendations that the government agreed to implement. "The government's reform will ...

SuperFriend boosts leadership

ELIZABETH MCARTHUR  |  TUESDAY, 30 JUL 2019
... organisation express a growing need for targeted workplace mental health and wellbeing support in the wake of the Royal Commission. SuperFriend chief executive Margo Lydon said: "With our enhanced executive leadership team, we're feeling extremely positive ...

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... face a liquidity crisis in 2019 and missed its FY19 interim results deadline. Freedom came under fire during the Royal Commission for selling a life insurance policy to an intellectually disabled man.

Ban unsolicited life insurance sales: Poll

KARREN VERGARA  |  MONDAY, 29 JUL 2019
... insurance and consumer credit insurance (CCI) sold via call centre staff should be outlawed. The financial services Royal Commission recommended that the unsolicited sales of superannuation and insurance products should be prohibited. ASIC will act on ...

AFCA looks to expand senior ranks

KRISTI CHENG  |  FRIDAY, 26 JUL 2019
... investigations over the last eight months as it received an outpouring of complaints in the aftermath of the Hayne Royal Commission; in its first six months of operations more than 35,000 consumers and small businesses raised issues with the authorit ...

Macquarie asset management business down

ELIZABETH MCARTHUR  |  FRIDAY, 26 JUL 2019
... about the importance of risk culture and conduct and the evolution of Macquarie's approach following the Royal Commission. "We continue to review and monitor the outcomes and initiatives emanating from the Commission as well as key learnings as we ...

Sam Henderson cops ASIC ban

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... banned high-profile financial adviser Sam Henderson, whose inappropriate financial advice was laid bare the in Royal Commission public hearings last year. The Sydney-based adviser was banned from providing financial services for three years following ...

Trustee firm adds executive

JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... expansion is its independence from product providers, issuers and promoters, particularly in the wake of the Royal Commission. "At MSC we're very focused on tailoring trustee and intermediary services to empower capital managers and provide investors ...

APRA proposes new remuneration standard

KARREN VERGARA  |  TUESDAY, 23 JUL 2019
APRA is introducing a new remuneration prudential standard for its regulated entities on the back of the Hayne Royal Commission's final recommendations. Draft prudential standard CPS 511 Remuneration is open for consultation until October 22. Chief ...

NAB names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2019
... manager. McEwan replaces Andrew Thorburn who resigned in February following the bank's lambasting at the Royal Commission and shortly after a Roy Morgan survey named NAB as Australia's most distrusted bank. "Ross McEwan is the ideal leader for ...