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Showing 51 - 60 of 76 results for "Banking Royal Commission"

Conflicts of interest recommendation falls short

KARREN VERGARA  |  MONDAY, 4 FEB 2019
Industry Super Australia has criticised the banking Royal Commission final report for falling short of addressing conflicts of interest. Industry Super Australia said the structure of the industry and other profit-to-member super funds has avoided such ...

Australian Ethical divests IOOF

KARREN VERGARA  |  FRIDAY, 18 JAN 2019
... part of APRA's legal proceedings against IOOF, the response provided by IOOF and evidence from the banking Royal Commission. Findings from the Royal Commission about AMP also prompted Australian Ethical to divest from the financial services firm ...

AFCA creates small businesses ombudsman role

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... added AFCA recognises that small businesses are a very important part of the Australian economy and the banking Royal Commission has demonstrated how devastating it can be when their financial disputes are not fairly resolved. On 1 November 2018, AFCA ...

New degree tackles adviser education standards

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... significant changes both with the introduction of the new qualification standards and recommendations from the banking Royal Commission - the combination of these two will reshape the industry. "We will likely see a shift towards more independent planners. ...

Interim report dotted with questions

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
What is to gain from passing new law? That's one of many questions that dotted Commissioner Kenneth Hayne executive summary for the Banking Royal Commission's final report. Hayne boiled down his 643-word summary to two questions: Why did it ...

Labor proposes RC implementation task force

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
... they gave it a reasonably short time frame," she said. "There is a strong case to consider extending the banking Royal Commission in order to hear from more people, more victims in more parts of Australia." Labor called for the Royal Commission in April ...

Risk and compliance expertise in demand

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... trend is expected to continue well into next year, he said. Hanson added with no end in sight to the banking Royal Commission, banks and financial service companies are locking down their risk practices and demanding more specialist staff in risk and ...

Risk and compliance expertise in demand

KARREN VERGARA  |  WEDNESDAY, 4 JUL 2018
... trend is expected to continue well into next year, he said. Hanson added with no end in sight to the banking Royal Commission, banks and financial service companies are locking down their risk practices and demanding more specialist staff in risk and ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
... shocked and disheartened by what is being revealed. How is it possible in this day and age? We welcome the Banking Royal Commission and hope the outcome will result in a better, more robust system for all Australians. In the meantime, we're aware that ...

IOOF updates market on ANZ wealth sale

KARREN VERGARA  |  TUESDAY, 24 APR 2018
IOOF gave shareholders an update on its ANZ Wealth acquisition in light of the banking Royal Commission. ANZ announced in September 2017 it will divest OnePath's pension and investments and four aligned dealer groups to IOOF for $975 million. IOOF's ...