Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 761 - 770 of 1691 results for "Royal"

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... chief executive, deputy chair and chief investment officer be guaranteed these positions in the merged fund. Last year, the Royal Commission public hearings probed failed superannuation fund mergers. When the final report came out in February, one of ...

APRA self-assesses shortcomings

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
... when determining the fitness and propriety of responsible persons, including their skills and experience. Given the banking Royal Commission advocated for the Banking Executive Accountability Regime (BEAR) should be extended to superannuation, APRA said ...

Big banks forced to cut costs: Perennial Value

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 MAY 2019
... Despite a positive economic and regulatory outlook, Australia's big banks will look to cut costs as the fallout from the Royal Commission continues. That is the view of Perennial portfolio manager Andrew King, who said ongoing efforts to remediate customers ...

Swiss Re to manage Freedom remediation

KANIKA SOOD  |  TUESDAY, 30 APR 2019
... now has lost about 95% since. Freedom is currently divesting all its operations after a scathing year that included the Royal Commission playing recorded calls of a sales person selling insurance to a man with intellectual disabilities. On April 15 ...

Push for chief executive pay ratio disclosure

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... "The public and investors should not have to tolerate conduct which falls short of community expectations." She added the Royal Commission highlighted the need for change. The new ACSI policy proposal also calls for annual director elections, meaning ...

ASA to vote against AMP remuneration

HARRISON WORLEY  |  FRIDAY, 26 APR 2019
... business to Resolution Life last year, which caused concern among shareholders together with enduring the financial services Royal Commission and the fallout it caused AMP. However, the ASX ruled AMP did not require shareholder approval for the sale. ...

Financial software firm strengthens leadership

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... from Simcorp, where he was Australasian head of sales. He has previously held roles at RBC Investor & Treasury Services, Royal Bank of Canada and SimCorp. "I am delighted to be joining the team at SS&C," Tremelling said. "As the investment industry continues ...

Fire drills needed to meet APRA standards

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... clear on how they will test whether entities have met the new standard. "If you think about how APRA was reviewed during the Royal Commission and its recent release of the enforcement approach you'll see that it's maturing itself in its approach this ...

One third of Australians trust robo-advice

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
... accept robo-advice as their faith in the human side of the financial services sector continues to waver following the Banking Royal Commission. Futurist and innovation strategist Anders Sorman-Nilsson said: "Previously, Australians have trusted digital ...

Finance job opportunities rise post-RC

ELIZABETH MCARTHUR  |  WEDNESDAY, 17 APR 2019
Job opportunities in the financial services sector have risen by 10% following the Royal Commission, according to Sunsuper. New data from the super fund indicates the first quarter of 2019 was a strong period for jobs in the finance industry, as figures ...