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Showing 691 - 700 of 1691 results for "Royal"

APRA proposes new remuneration standard

KARREN VERGARA  |  TUESDAY, 23 JUL 2019
APRA is introducing a new remuneration prudential standard for its regulated entities on the back of the Hayne Royal Commission's final recommendations. Draft prudential standard CPS 511 Remuneration is open for consultation until October 22. Chief ...

Super body opposes member interests bill

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... changes. "We therefore urge the Government to defer the commencement date of the PMIF Bill to at least nine months after royal assent," AMP director of government relations Alastair Kinloch said in the firm's submission. AMP revealed more than 5000 ...

NAB names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2019
... McEwan will take over the top job no later than April 2020, the group announced today. McEwan has been chief executive of Royal Bank of Scotland (RBS) since 2013. He announced his resignation from that role in April and will commence with NAB once his ...

ASIC moves to ban direct life cold calling

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... consumer trust in "the system" was under threat. He added ASIC understood the Government had committed to implementing the Royal Commission's recommendation to outlaw unsolicited super and insurance sales, but would do what it could to protect consumers ...

NFP funds dominate group insurance market

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... that significantly reflects on the fund's brand, profile and reputation, Rainmaker said. The recent financial services Royal Commission and Productivity Commission put the spotlight on group insurance, proposing fundamental changes to these insurance ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... individuals up to $189,000 better off in retirement, the report suggests. The research acts on recommendation 3.5 of the Royal Commission's final report, which suggested Australians should retain one default super account, and the development of machinery ...

APRA endorses review recommendations

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2019
... review in the latter part of 2018. Implementing the changes based on that review were deferred pending the outcomes of the Royal Commission and the Capability Review, APRA said, adding it is now progressing through the changes that support flexible and ...

Wealth jobs in demand

HARRISON WORLEY  |  MONDAY, 15 JUL 2019
... more roles in compliance and remediation - which "paraplaners often like to move into" - were on the way in the wake of the Royal Commission. On the flip side, Hays said the supply of paraplanners would not meet the industry's demand, given an increase ...

ASIC slams consumer credit failures

HARRISON WORLEY  |  FRIDAY, 12 JUL 2019
... consultation to ban unsolicited outbound CCI sales over the phone. The practice has come under scrutiny recently, after the Royal Commission and ASIC's review of direct life insurance revealed issues emanating from the outbound sale of life insurance. ...

Super funds hard to engage with: Research

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... current super fund instead of passively accepting their new employer's default option." He puts this shift in part down to the Royal Commission raising consciousness around super and marketing efforts by industry super funds. "While Australians are increasingly ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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