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Showing 41 - 50 of 148 results for "Financial Services Royal Commission"

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 ...

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 ...

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," ...

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 ...

ASIC to strengthen complaints handling

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... financial system. "The Ramsay Panel Review, recent ASIC research, case studies before the Financial Services Royal Commission and our own supervisory work have all identified shortcomings in consumer complaints handling." She went on to point out that ...

The state of the banks

ELIZABETH MCARTHUR  |  TUESDAY, 7 MAY 2019
... uncertain, with profits down, remediation costs up and margins under significant pressure." "The Financial Services Royal Commission has disrupted the banks' risk appetites and business flow, propelling them to reshape their processes, simplify products ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... Resolution Life last year, which caused concern among shareholders together with enduring the financial services Royal Commission and the fallout it caused AMP. However, the ASX ruled AMP did not require shareholder approval for the sale. ASA will however ...

Freedom to divest all operations

KARREN VERGARA  |  MONDAY, 15 APR 2019
... accurate estimate of when the review will be completed." Freedom came under fire during the financial services Royal Commission for selling a life insurance policy to an intellectually disabled man.

Fee for no service on APRA and ASIC radar

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
... charged without the provision of relevant services, pointing to the controversy exposed by the financial services Royal Commission. "Trustees should consider all necessary steps to make sure that members are clearly aware of fees being deducted from ...