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Showing 571 - 580 of 1257 results for "Royal Commission"

ASIC moves to ban direct life cold calling

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... trust in "the system" was under threat. He added ASIC understood the Government had committed to implementing the Royal Commission's recommendation to outlaw unsolicited super and insurance sales, but would do what it could to protect consumers in the ...

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... significantly reflects on the fund's brand, profile and reputation, Rainmaker said. The recent financial services Royal Commission and Productivity Commission put the spotlight on group insurance, proposing fundamental changes to these insurance ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... up to $189,000 better off in retirement, the report suggests. The research acts on recommendation 3.5 of the Royal Commission's final report, which suggested Australians should retain one default super account, and the development of machinery to staple ...

APRA endorses review recommendations

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... latter part of 2018. Implementing the changes based on that review were deferred pending the outcomes of the Royal Commission and the Capability Review, APRA said, adding it is now progressing through the changes that support flexible and effective models ...

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
... compliance and remediation - which "paraplaners often like to move into" - were on the way in the wake of the Royal Commission. On the flip side, Hays said the supply of paraplanners would not meet the industry's demand, given an increase in financial ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... to ban unsolicited outbound CCI sales over the phone. The practice has come under scrutiny recently, after the Royal Commission and ASIC's review of direct life insurance revealed issues emanating from the outbound sale of life insurance. ASIC said it ...

Super funds hard to engage with: Research

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... fund instead of passively accepting their new employer's default option." He puts this shift in part down to the Royal Commission raising consciousness around super and marketing efforts by industry super funds. "While Australians are increasingly loyal ...

Remembering Ron Grima

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2019
... listen with empathy and offer encouraging support." Penning an article in December 2018, Grima criticised the Royal Commission for placing too much focus on misconduct in the industry and failing to recognise the real value of advice. Linking the argument ...

Linda Elkins to depart Colonial First State

KANIKA SOOD  |  MONDAY, 8 JUL 2019
... (ASFA) and has served on numerous Financial Services Council committees. She appeared on behalf of CFS during the Royal Commission hearings last August, where she was questioned about errors during the company's transition to MySuper products in ...

Suncorp named Bank of the Year

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... where consumers are faced with an overwhelming number of providers." At the awards, Baltazar said that in a post-Royal Commission environment a consumer advocate finance magazine has a more important role than ever to play. "It's no longer just a ...