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Showing 601 - 610 of 1257 results for "Royal Commission"

FPA moves to improve adviser mental health

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
... resources via an app or via desktop through Benestar's website. FPA chief executive Dante De Gori said that the Royal Commission and related legislative changes now underway have taken a toll on many financial planners. "We are in the midst of extraordinary ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
... business. The decision to wind-up the group came after it endured a horror 2018, including revelations before the Royal Commission that Freedom sold life insurance to an intellectually disabled man and the eventual cessation of product sales after the ...

AMP faces super fee gouge class action

KARREN VERGARA  |  THURSDAY, 30 MAY 2019
... law obligations, the law firm said. Principal lawyer Brooke Dellavedova said building on the findings of the Royal Commission, the action filed claims the AMP trustees - whose duty was to act in the best interests of members - failed to monitor, compare ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... and banks go back to their bread and butter," Ong said. Thomas added he found it interesting that the banking Royal Commission peered into vertical integration but chose not to outlaw it. "I think it was interesting that the Royal Commission looked at ...

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... easy-to-understand versions of customer information documents would also be beneficial. In July last year, the Hayne Royal Commission highlighted the plight of ATSI people accessing banking services. It also exposed the difficulties they face in understanding ...

Financial tech firm refocuses strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... around these conversations yet. The company said it believes in the longer term the recommendations from the Royal Commission will increase demand for its services. "We believe that awareness of the value of advice will increase, as will the need for ...

Industry funds temper inflows post-Royal Commission

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
The finance services Royal Commission had minimal impact on industry fund inflows as reflected in APRA's latest superannuation statistics. The prudential regulator's March 2019 figures show retail super funds ($623.4bn) grew by 5.8% over the ...

Big four satisfaction on road to recovery

HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
... customer satisfaction with Australia's largest banks is starting to recover from the beating it received during the Royal Commission. According to the research house, both the satisfaction and net promoter score (NPS) levels of the big four banks have ...

AMP class actions consolidated

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... the NSW Supreme Court ordered only one of the five class action lawsuits filed against AMP in the wake of its Royal Commission appearances should be allowed to continue. The class actions of Maurice Blackburn and Slater and Gordon have been consolidated ...

Super gets an insider in ministry reshuffle

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... AustralianSuper as the Government looks to implement its ongoing responses to the Productivity Commission and Royal Commission. "I'm not making announcements today, but our response to the Productivity Commission will be handled by the Treasurer ...