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Showing 51 - 60 of 166 results for "Practice of"

AMP defends charging dead clients

HARRISON WORLEY  |  THURSDAY, 4 OCT 2018
AMP has defended its practice of charging premiums to dead life insurance customers in a submission to the financial services Royal Commission. The wealth manager continued to deduct life insurance premiums from a deceased customer, even after AMP has ...

FPA award finalists named

JAMIE WILLIAMSON  |  THURSDAY, 4 OCT 2018
... Meanwhile, Eureka Whittaker Macnaught, VISIS Private Wealth and Wotherspoon Wealth are nominated for the FPA Professional Practice of the Year Award. Cooper Wealth Management's Felicity Cooper, James O'Reilly of Northeast Wealth and Sandra Slattery of ...

Improve climate risk disclosure: ASIC

HARRISON WORLEY  |  FRIDAY, 21 SEP 2018
... it requires the disclosure of material risks. ASIC commissioner John Price said the regulator would monitor market practice of climate risk disclosure as it continued to develop both here and overseas. "Climate change is a foreseeable risk facing many ...

Adviser, Practice of the Year finalists named

JAMIE WILLIAMSON  |  MONDAY, 3 SEP 2018
... Services' Hugh Robertson; and Elliot Watson of Elliot Watson Financial Planning have been recognised. The 2018 AFA Practice of the Year Award finalists were also named, with Multiforte Financial Services, Panoramic Financial Solutions and TWD Australia ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... the sector," Armour says. The first week of hearings ended with the Commission shining a light on Energy Super's practice of choosing board members under the equal-representation model, yet failing to appoint a director with investment experience. ...

Indigenous Australians face super challenges: Royal Commission

HARRISON WORLEY  |  MONDAY, 13 AUG 2018
... unethical practices and incentives of life insurers selling policies over the phone, which allegedly included the practice of coaxing customer into providing bank details and personal information which entered them into contracts they did not realise ...

Royal Commission cracks down on life insurance phone sales

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... in remote communities. ASIC Indigenous Outreach Program senior policy analyst Nathan Boyle highlighted the rampant practice of signing up customers by being forced into policies they allegedly didn't need or unwittingly signed up for. Based on listening ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... within its wealth management division. Following BT Financial Group's lead, Macquarie has said it will discontinue the practice of advisers within its private bank and private wealth divisions receiving trailing commissions for selling the group's own ...

Grandfathered commissions on the outer: Poll

DARREN SNYDER  |  MONDAY, 28 MAY 2018
... making several recommendations to the Royal Commission in second round submissions. Both called for the eliminating the practice of grandfathered advice commissions. ASIC said it was concerned ongoing advice arrangements do not provide a benefit to customers ...

BBSW methodology restores trust

DARREN SNYDER  |  TUESDAY, 22 MAY 2018
... time, the joint statement said. Commonwealth Bank, NAB and ANZ have all been fined over investigations of the alleged practice of intending to create an artificial price for bank bills.