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Showing 741 - 750 of 1257 results for "Royal Commission"

Don't fear credit crunch: Deloitte

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... first property or starting their own business need not be too concerned with tightened lending policies post-Royal Commission. Speaking at the Financial Standard Chief Economists Forum in Sydney recently, Deloitte Access Economics partner Nicki Hutley ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
The sovereign wealth fund returned 5.8% in the year ending 31 December 2018, beating the median balanced superannuation fund return by a wide margin. The median balanced superannuation fund returned 0.6% in the year to 31 December and even the top quarter ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... the report that both De Gori and Association of Financial Advisers chief executive Phil Kewin testified to the Royal Commission that the primary function of an association is to promote and advance the cause of its members and the profession. "These ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... delivery and high demand. Commissioner Kenneth Hayne did not make a specific recommendation on them in his final Royal Commission report on Monday. "The desirability of predictable and stable funding for the legal assistance sector and financial counselling ...

NAB wealth exit delayed

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
... more detail was yet to arrive about the proposed legislative changes resulting from the recommendations of the Royal Commission final report, the current regulatory and operating environment for wealth business was tough. "A delay of the intended public ...

NAB chief executive and chair exit

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... and shareholders." "I am enormously proud of what the bank has achieved and equally disappointed about what the Royal Commission has brought to light in areas where we have not met customer expectations. Andrew and I are deeply sorry for this," Henry ...

NAB calls trading halt

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... February 8, or when the announcement is released to the market. The bank was singled out in the final report of the Royal Commission released on February 4. Commissioner Kenneth Hayne criticised the leadership of chief executive Andrew Thorburn and chair ...

AFCA appoints new ombudsman

DARREN SNYDER  |  THURSDAY, 7 FEB 2019
... ombudsman David Locke said: "AFCA recognises the importance of small businesses and the final report from the Hayne Royal Commission clearly demonstrates how devastating it can be when they have financial disputes that are not fairly resolved." "Geoff ...

Freedom Insurance suspends trading

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... such an announcement and cannot specify when it will be able to do so. Following a bruising appearance at the Royal Commission, Freedom announced it will overhaul its business model and stop selling life insurance products. It warned shareholders it ...

Synchron slams RC on commissions

KANIKA SOOD  |  WEDNESDAY, 6 FEB 2019
The Royal Commission's recommendations to cull commissions are causing advisers some concern, according to Synchron director Don Trapnell. On Monday, Commissioner Kenneth Hayne formally recommended an end to grandfathered commissions, and asked government ...