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Showing 41 - 50 of 71 results for "Commission for"

Credit Suisse fined for systems mishap

KARREN VERGARA  |  THURSDAY, 16 MAR 2017
Investment bank Credit Suisse was slapped with a $170,000 fine from the Australian Securities and Investment Commission for failing to have the appropriate price limits in place across its automated order processing (AOP) systems. The watchdog found ...

Life Insurance Code targets self-regulation

MARK SMITH  |  TUESDAY, 11 OCT 2016
... input of external medical specialists, the definitions will be submitted to the Australian Competition and Consumer Commission for approval. "Life insurers have come together to develop the Life Insurance Code of Practice as a demonstration of just how ...

Advisers urged to meet challenges together

DARREN SNYDER  |  THURSDAY, 6 OCT 2016
... customers. "It was simple. Your purpose was to sell insurance cover. Sums insured were not big and you were paid a commission for the work you did," Kent said. "There was no statement of advice. There was no internet or online options. Products were ...

IOOF boosts super team with VicSuper and First State Super vets

ALEX BURKE  |  THURSDAY, 21 APR 2016
... strategic partnerships at First State Super; she has also held roles at Health Super, Superpartners and the Victorian Commission for Gambling Regulation. "Stephen and Chris bring considerable experience to the team and we have every expectation they ...

Turnbull highlights ASIC resources boost in Parliament

ALEX BURKE  |  TUESDAY, 19 APR 2016
... capability review. Responding to Labor MP Clare O'Neil's question about whether Government would consider a Royal Commission for cases like a 75-year-old whose financial adviser "admitted to ripping him off but his bank is still trying to sell his house," ...

Steve Tucker and Paul Heath launch HNW business

JAMES FERNYHOUGH  |  WEDNESDAY, 10 DEC 2014
... advice firm of the future is independent. "We will charge clients transparent fees for our services, without any commission for selling them into products that may or may not suit them. This enables us to genuinely put our clients' interests first at ...

Arthur's back. Wait, no he's not

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  FRIDAY, 24 OCT 2014
... Cormann said it will be funded by increasing the current lodgement fee at the Australian Securities and Investments Commission for Australian Financial Services licensees by $5 to $44. Financial Planning Association boss Mark Rantall said it was a "big ...

NGS appointment brings gender equality to board

JAMES FERNYHOUGH  |  TUESDAY, 2 SEP 2014
... teacher in Catholic Education South Australia. She was appointed to the NGS Super board by the South Australian Commission for Catholic Schools. NGS Super chief executive Anthony Rodwell-Ball said: "With a wealth of industry experience, Ms Smith will ...

Actuaries Institute to advise FSI on longevity

JAMES FERNYHOUGH  |  MONDAY, 25 AUG 2014
... attain policy stability in superannuation, the government should establish an agency similar to the New Zealand Commission for Financial Literacy and Retirement Income. "The benefit of the NZ model," it stated, "is that it is ongoing, maintains a constant ...

AIA hybrid commission strategy pays off

LAURA MILLAN  |  TUESDAY, 29 JUL 2014
... commissions and assists them with growing their recurring revenue. Through the program, advisers receive 90% upfront commission for new hybrid business policies submitted in the first year, 87.5% in the second year and 85% in the third year. It also ...