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Showing 591 - 600 of 1257 results for "Royal Commission"

Culture isn't everything: ASIC

HARRISON WORLEY  |  WEDNESDAY, 19 JUN 2019
... documented the dangers of using such a lens to evaluate performance. With culture forming a strong theme in the Royal Commission's final report, Governance Institute general manager of policy and advocacy Catherine Maxwell asked Price how boards can ...

New AFCA remit not enough: Law firm

KANIKA SOOD  |  MONDAY, 17 JUN 2019
... approached the Treasury with concerns the reforms made to the Australian Financial Complaints Authority after the Royal Commission are flawed and need urgent amendment. In February, the Federal Government expanded AFCA's remit to give it the power to ...

MAX awards recognise industry excellence

HARRISON WORLEY  |  FRIDAY, 14 JUN 2019
... the industry's deep pool of talent must remain vigilant about the need to restore consumer trust after the Royal Commission. "The financial services industry is responsible for the protection and development of Australia's wealth. You play an ...

AMP Super, board slapped with licence conditions

KARREN VERGARA  |  FRIDAY, 14 JUN 2019
... identified during APRA's ongoing prudential supervision of AMP Super, along with matters that emerged during the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry," the prudential regulator said. This ...

Finnies showcase best in fintech

ELIZABETH MCARTHUR  |  THURSDAY, 13 JUN 2019
... Shot-Guppy said. "It all ties into the unprecedented growth we've seen in the fintech sector in the past year." The Royal Commission has reinforced the need for banking systems that benefit customers, and that the fintech sector is capable of providing ...

Risk commission changes imperil advice practices

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
As financial advisers adjust their business models to the Life Insurance Framework, many fear the Royal Commission's recommendations will further undermine the viability of their practices. This is according to ClearView's latest survey of 630 financial ...

Advisers wary of ethical funds, launch own rating system

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 JUN 2019
... used Australian Ethical as an example, saying its investment in NAB was enough to knock off half a leaf post-Royal Commission. Pengana's WHEB Sustainable Impact Fund lost a leaf because 6% of revenue from Rockwell Automatic comes from services to ...

Industry wide pay cut for boards

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... respectively. Governance Institute chief executive Megan Motto said: "It is clear that the effects of the Banking Royal Commission are already being felt by Australia's financial institutions, as shareholders and their boards move to act upon Commissioner ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
... deemed tax deductible, as advice businesses grapple with the pressures of increased education standards and the Royal Commission. XY Adviser, along with its 3200 members, is arguing that as financial advice moves closer to professionalising, it should ...

CFS taps senior Qantas Super executive

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... subject to regulatory approvals. In March, it said it has suspended preparations for the demerger to prioritise Royal Commission recommendations, refunding customers and remediating past issues The new company, to be called NewCo, which includes CFS ...