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Showing 631 - 640 of 1018 results for "Inquiry"

CBA looks for plaintiffs to assist in remediation process

LAURA MILLAN  |  MONDAY, 25 AUG 2014
... chairperson of the litigation reform commission and served as commissioner of the Queensland public hospitals commission of inquiry and was a member of the Queensland health reform advisory panel. Retired Justice of the Federal Court and the Victorian ...

Actuaries Institute to advise FSI on longevity

JAMES FERNYHOUGH  |  MONDAY, 25 AUG 2014
The Financial System Inquiry has enlisted the Actuaries Institute to advise it on possible product solutions that deal with the challenge of longevity. In its submission to the FSI, released today, the Actuaries Institute states: "The Institute is assisting ...

AMP lifts minimum adviser standards

LAURA MILLAN  |  THURSDAY, 21 AUG 2014
... so. AMP's decision follows a similar announcement by Commonwealth Bank (CBA), which has been at the centre of a Senate inquiry after media reports unveiled cases of adviser misconduct and inconsistent client compensation processes. AMP will also set ...

Dimensional latest to join Calastone network

MARK SMITH  |  THURSDAY, 21 AUG 2014
... netwealth, IML, EQT, Goldman Sachs, BT Financial Group, Hyperion, Fidelity, UBS, and IOOF. The announcement comes as the Murray inquiry into the financial system has called for greater focus on efficiency around the operation of superannuation in Australia. ...

Cap market efficiency plummets

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2014
Reinforcing why the government initiated the Financial System Inquiry, economic research by Industry Super Australia has revealed that the financial services sector is becoming less efficient at raising capital. The cause of the problem, according to ...

Greens slam CBA executives pay rise

LAURA MILLAN  |  TUESDAY, 19 AUG 2014
... all CBA financial advice clients from 2003 to 2012. The compensation process was set up following an exhaustive Senate inquiry into the Australian Securities and Investments Commission (ASIC) prompted by cases of poor advice at CBA. The inquiry concluded ...

Ditch retail prospectuses in some cases, say leading lawyers

ALEX DUNNIN  |  TUESDAY, 19 AUG 2014
... leading finance industry lawyers has said. The proposal surfaced following the release of the interim Financial System Inquiry (FSI) report that raised the conjecture that disclosure has failed to protect retail investors. Speaking at a UNSW law school ...

Maurice Blackburn mulls class action against Macquarie

LAURA MILLAN  |  MONDAY, 18 AUG 2014
... He expressed concern that the compensation scheme made public last Friday reproduced the same problems that the Senate inquiry into the Australian Securities and Investments Commission (ASIC) identified in Commonwealth Bank's (CBA) compensation of financial ...

Consumers have no loyalty to financial institutions

MARK SMITH  |  MONDAY, 18 AUG 2014
... including Citibank (12.6%), HSBC (17.9%) and ING Direct (14.0%) as at June 2014. "The recently released 'Financial System Inquiry - Interim Report' found that the banking sector is competitive, although concentrated. It appears from our analysis that ...

Law firm rubbishes Grattan fee report

MARK SMITH  |  MONDAY, 18 AUG 2014
Global law firm Herbert Smith Freehills has urged the Financial System Inquiry (FSI) to throw out a controversial report that claims the superannuation system is too expensive. In a submission to the FSI, Herbert Smith Freehills criticises the FSI committee's ...