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Showing 671 - 680 of 1257 results for "Royal Commission"

Finance sector hiring outlook weakens

ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... finance, insurance and real estate sector have remained positive despite the fears many held about the impact of the Royal Commission into Banking. "Furthermore, the forthcoming federal election is a likely cause for pause for some businesses, as it ...

ClearView defends risk advice commissions

KARREN VERGARA  |  TUESDAY, 26 MAR 2019
... thereafter. From 1 January 2020, the cap reduces to 60%, with a 20% trailing commission thereafter. In releasing the Royal Commission final report in February, Hayne proposed to shrink caps of 20-60% further when it reviews the impact of the reforms ...

NAB ends introducer payments

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... Chronican said ending "introducer" payments was part of NAB's ongoing efforts to be a better bank following the Royal Commission. He said: "Through the Royal Commission we heard clearly that our actions need to meet the expectations of our customers ...

Regulators receive pre-Budget funding boost

HARRISON WORLEY  |  MONDAY, 25 MAR 2019
... Frydenberg said will be in support of an accelerated enforcement strategy; expanded regulation following the Royal Commission's recommendations; enhanced on-site supervision of larger institutions; and the regulator's new role as the primary conduct ...

New ethics test for bankers

KANIKA SOOD  |  MONDAY, 25 MAR 2019
... launch the "IntegrityMatters" program with conduct and decision-making being placed under the microscope post Royal Commission," Whitehead said. "FINSIA introduced this workshop to Australia during 2018 and a number of major financial institutions have ...

Barefoot Investor boosts Rest indexed options demand

KARREN VERGARA  |  FRIDAY, 22 MAR 2019
... is on the precipice of improving member engagement - but can only do so with the help of technology. While the Royal Commission and Productivity Commission have helped fuel members to take action with their super, it is technology that will help make ...

AMP scraps bonuses

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... accompanied by consequence management for misconduct." AMP suffered a 97% drop in full year profit following the Royal Commission, setting aside millions for customer remediation. Murray included a vote of confidence for AMP's new chief executive within ...

AFA takes red pen to Hayne report

HARRISON WORLEY  |  WEDNESDAY, 20 MAR 2019
The Association of Financial Advisers has stepped up its opposition to the Royal Commission's final report, claiming the inquiry failed to acknowledge the value of advice. In a paper released by the association this week, AFA general manager policy ...

Royal Commission will guide remuneration standard: APRA

DARREN SNYDER  |  WEDNESDAY, 20 MAR 2019
What APRA learned from its prudential inquiry into Commonwealth Bank, and the Royal Commission, will help shape its updated and soon-to-be released standard on remuneration. APRA executive general manager, policy and advice, Pat Brennan told an industry ...

ABA moves to protect vulnerable customers

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 MAR 2019
... bank if they are experiencing vulnerability. ABA chief executive Anna Bligh said: "There is no doubt that the Royal Commission showed that banks need to lift their game when it comes to vulnerable customers, particularly in the design of products and ...