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Showing 721 - 730 of 1691 results for "Royal"

Risk commission changes imperil advice practices

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2019
As financial advisers adjust their business models to the Life Insurance Framework, many fear the Royal Commission's recommendations will further undermine the viability of their practices. This is according to ClearView's latest survey of 630 financial ...

Advisers wary of ethical funds, launch own rating system

ELIZABETH MCARTHUR  |  WEDNESDAY, 5 JUN 2019
... rating, Pinnell used Australian Ethical as an example, saying its investment in NAB was enough to knock off half a leaf post-Royal Commission. Pengana's WHEB Sustainable Impact Fund lost a leaf because 6% of revenue from Rockwell Automatic comes ...

Industry wide pay cut for boards

ELIZABETH MCARTHUR  |  TUESDAY, 4 JUN 2019
... and 21% respectively. Governance Institute chief executive Megan Motto said: "It is clear that the effects of the Banking Royal Commission are already being felt by Australia's financial institutions, as shareholders and their boards move to act upon ...

The case for tax deductible advice

JAMIE WILLIAMSON  |  MONDAY, 3 JUN 2019
... advice to be deemed tax deductible, as advice businesses grapple with the pressures of increased education standards and the Royal Commission. XY Adviser, along with its 3200 members, is arguing that as financial advice moves closer to professionalising ...

CFS taps senior Qantas Super executive

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... this year, subject to regulatory approvals. In March, it said it has suspended preparations for the demerger to prioritise Royal Commission recommendations, refunding customers and remediating past issues The new company, to be called NewCo, which includes ...

FPA moves to improve adviser mental health

ELIZABETH MCARTHUR  |  FRIDAY, 31 MAY 2019
... wellbeing resources via an app or via desktop through Benestar's website. FPA chief executive Dante De Gori said that the Royal Commission and related legislative changes now underway have taken a toll on many financial planners. "We are in the midst ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
... admin business. The decision to wind-up the group came after it endured a horror 2018, including revelations before the Royal Commission that Freedom sold life insurance to an intellectually disabled man and the eventual cessation of product sales after ...

AMP faces super fee gouge class action

KARREN VERGARA  |  THURSDAY, 30 MAY 2019
... and/or general law obligations, the law firm said. Principal lawyer Brooke Dellavedova said building on the findings of the Royal Commission, the action filed claims the AMP trustees - whose duty was to act in the best interests of members - failed to ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... gauge - the headline PCE price index is way off-target (1.5% in March) and had been below 2% since November 2018. It's a royal rightful challenge for global central banks alright. This is because persistent below-target inflation is happening at ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... them back and banks go back to their bread and butter," Ong said. Thomas added he found it interesting that the banking Royal Commission peered into vertical integration but chose not to outlaw it. "I think it was interesting that the Royal Commission ...