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Showing 51 - 60 of 83 results for "Australian Banker"

Industry giants ramp up adviser ethics training

LAURA MILLAN  |  TUESDAY, 28 JUL 2015
Financial planners from Australia's top financial institutions will receive ethics and moral psychology training, following major scandals in their advice divisions. AMP, Macquarie Bank, ANZ, Commonwealth Bank and BT Financial Group have developed and ...

CCMC chief executive appointed as lead ombudsman

DARREN SNYDER  |  TUESDAY, 12 MAY 2015
The chief executive of the Code Compliance Monitoring Committee (CCMC) for the Code of Banking Practice, June Smith, will be leaving to expand her role at the Financial Ombudsman Service from July. Smith, who is also currently the general manager of ...

Banking and super groups back parliamentary recommendations

DARREN SNYDER  |  FRIDAY, 8 MAY 2015
Representative groups from the banking and superannuation sectors have generally backed recommendations on lifting professional, ethical and education standards in the financial services industry. Public responses to a Parliamentary Joint Committee ...

Vertically-integrated advice model can work

ALEX BURKE  |  WEDNESDAY, 25 MAR 2015
Despite recent controversies, vertical integration can work if implemented properly, according to Australian Bankers' Association chief executive Steven MA1/4nchenberg. Speaking at the ASIC Annual Forum, MA1/4nchenberg said that conflicts were inherent ...

Advice register more detailed than expected

LAURA MILLAN  |  WEDNESDAY, 18 FEB 2015
The Treasury's public register of financial advisers will be more detailed than it was expected, the regulations introduced by Assistant Treasurer Josh Frydenberg show. As expected, the regulations include the obligation for financial advisers to provide ...

No Westpac leadership changes after Gail Kelly departure

LAURA MILLAN, ALICE URIBE  |  THURSDAY, 13 NOV 2014
Westpac chief executive of Australian financial services Brian Hartzer has ruled out any sweeping changes to the bank's leadership team when he takes over as top chief executiveA from Gail Kelly on 1 February 2015. At a press conference in Sydney today ...

ASIC announces National Financial Literacy Strategy

HARRY PAGE  |  FRIDAY, 1 AUG 2014
The Australian Securities and Investments Commission (ASIC) has released its National Financial Literacy Strategy 2014-2017, which is aimed at helping Australians become more financially secure. Over the past 12 months, ASIC has compiled the key priorities ...

ISA FoFA report sparks industry outrage

LAURA MILLAN  |  MONDAY, 7 JUL 2014
... commissions for superannuation and investments and, just as importantly, the Amendments, do not allow it." The Australian Banker's Association (ABA) said that ISA has misrepresented the banking industry around the FoFA reforms. "ISA is clearly running ...

FEATURE: In search of the missing asset class

MARK SMITH  |  FRIDAY, 4 JUL 2014
Recent regulatory changes have removed some of the barriers the Australian corporate bond market has posed to issuers and investors. But Australia is still some way behind its international peers. Mark Smith finds out what more can be done to improve ...

Banks support the "original" FoFA intent: ABA

LAURA MILLAN  |  MONDAY, 26 MAY 2014
The Australian Bankers' Association (ABA) said that the industry supports the original Future of Financial Advice (FoFA) legislation, which focused largely on consumer protection. The ABA came out shortly after Industry Super Australia (ISA) accused ...