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Showing 581 - 590 of 1257 results for "Royal Commission"

HUB24 defends cash accounts

KARREN VERGARA  |  THURSDAY, 4 JUL 2019
... investments after the RBA lowered the official cash rate to 1%. "In the wake of the revelations in the Hayne Royal Commission about exorbitant fees being charged on financial services products it would appear untenable for members of super funds using ...

Modern slavery rife across sectors: Fund manager

KARREN VERGARA  |  MONDAY, 1 JUL 2019
... signals about staff engagement either improving or deteriorating. In the aftermath of the financial services Royal Commission, Carlsson-Sweeny said clients have shown greater interest in the 'governance' side of ESG. They are frequently asking more questions ...

Advice affordability a growing concern

HARRISON WORLEY  |  FRIDAY, 28 JUN 2019
... also recognise the need to reduce the cost of advice, with 39% said it was a key business challenge in the post-Royal Commission world. Investment Trends research director Recep Peker said advisers were aiming to expand their pool of clients as a means ...

ASIC product intervention to commence

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2019
... "ASIC having this power was recommended by the 2014 Financial System Inquiry, supported by the Financial Services Royal Commission, consulted on and agreed to by the Government and received overwhelming support across the Parliament in April this year," ...

Dealer group transitions to fee-based model

KARREN VERGARA  |  TUESDAY, 25 JUN 2019
... named chief executive last year. The fee-for-service model will assist in mitigating the impact of the Hayne Royal Commission to remove grandfathered rebates by January 2021, Benbow said, adding the old revenue model was largely driven by grandfathered ...

Self-licensing trend boosts ClearView offering

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... breakdown of vertical integration as well as the brand damage institutionally-aligned groups have suffered from the Royal Commission as being the perfect storm. That perfect storm has pushed many practices to obtain their own AFSL, which in turn has ...

Wealth management investigations spike

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
... Risk Management Forum in Melbourne yesterday, Price said ASIC has accelerated its enforcement actions since the Royal Commission's recommendations, in line with its new strategy. Overall, ASIC enforcement investigations increased 15% between February ...

AMP loses mandate to AustralianSuper

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... Australia Post chief executive Christine Holgate on 19 April 2018 concerned that reports from the financial services Royal Commission are "deeply concerning to our members", particularly revelations relating to AMP's practices and seemingly systemic ...

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
... challenges in the retirement system, bolstered by the landmark Productivity Commission and financial services Royal Commission reports. A key focus for the Government now is prioritising the recommendations that overlap from the Productivity Commission ...

Advice associations meet new minister

HARRISON WORLEY  |  THURSDAY, 20 JUN 2019
... "discuss all things financial planning", including the Financial Adviser Standards and Ethics Authority, the Royal Commission and the Government's agenda for the upcoming parliamentary term. De Gori thanked the AFA for agreeing to "promote unity" through ...