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Showing 731 - 740 of 1691 results for "Royal"

Banks sluggish on Indigenous financial inclusion

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... and easy-to-understand versions of customer information documents would also be beneficial. In July last year, the Hayne Royal Commission highlighted the plight of ATSI people accessing banking services. It also exposed the difficulties they face in ...

British MPs prod own pension fund

KANIKA SOOD  |  WEDNESDAY, 29 MAY 2019
... £730 million in total assets, as at the end of last financial year. Among its 10 largest holdings are BP, Rio Tinto and Royal Dutch Shell, according to the annual report. It has no investments in companies that are committed to a zero-carbon world ...

Financial tech firm refocuses strategy

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 MAY 2019
... no certainty around these conversations yet. The company said it believes in the longer term the recommendations from the Royal Commission will increase demand for its services. "We believe that awareness of the value of advice will increase, as will ...

Industry funds temper inflows post-Royal Commission

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
The finance services Royal Commission had minimal impact on industry fund inflows as reflected in APRA's latest superannuation statistics. The prudential regulator's March 2019 figures show retail super funds ($623.4bn) grew by 5.8% over the ...

Big four satisfaction on road to recovery

HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
... show customer satisfaction with Australia's largest banks is starting to recover from the beating it received during the Royal Commission. According to the research house, both the satisfaction and net promoter score (NPS) levels of the big four banks ...

AMP class actions consolidated

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... last week, the NSW Supreme Court ordered only one of the five class action lawsuits filed against AMP in the wake of its Royal Commission appearances should be allowed to continue. The class actions of Maurice Blackburn and Slater and Gordon have been ...

Super gets an insider in ministry reshuffle

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... experience inside AustralianSuper as the Government looks to implement its ongoing responses to the Productivity Commission and Royal Commission. "I'm not making announcements today, but our response to the Productivity Commission will be handled ...

Major instos hit with cartel class action

ELIZABETH MCARTHUR  |  MONDAY, 27 MAY 2019
Maurice Blackburn today filed a class action in the Federal Court suing UBS, Barclays, Citibank, Royal Bank of Scotland and JP Morgan. The class action alleges the banks colluded to rig foreign exchange rates during a period between January 2008 and ...

Super stability not guaranteed: Rice Warner

HARRISON WORLEY  |  FRIDAY, 24 MAY 2019
... regime. The firm noted the Government would also implement most of Commissioner Kenneth Hayne's recommendations from the Royal Commission, adding another layer of change to the sector. "While the industry would welcome a break from constant change, it ...

Hard times ahead for platforms

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... representing more than 95% of major or non-aligned platforms. It segmented this FUA as 20% legacy, and contemporary. It also used Royal Commission platform cost data to assess cost-out prospects. It downgraded IOOF (IFL) to sell to account for earnings ...