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

Search Results

Showing 771 - 780 of 1257 results for "Royal Commission"

Hiring outlook subdued: Poll

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... more opportunities, as companies rush to fill in compliance and remediation roles created as a result of the Royal Commission. "Another major trend this half will be the continued movement of technically skilled wealth management professionals, such ...

Commonwealth FP fails to meet EU obligations

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
Hours before the final report from the Royal Commission goes public, Commonwealth Financial Planning has been ordered by ASIC to stop charging ongoing service fees. It is also barred from entering any new ongoing service arrangements with customers. ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... over the upcoming Federal election and, of course, the repercussions of the findings and recommendations of the royal commission on banking malfeasance. As the saying close, "It's too late to shut the stable door after the horse has bolted". Macfarlane ...

Royal Commission to suppress bank stocks

KARREN VERGARA  |  MONDAY, 4 FEB 2019
... today, will play its part. The major banks have experienced numerous earnings downgrades and the outcome of the Royal Commission will only put pressure on price-earnings premiums, Tribeca Investment Partners portfolio manager Jun Bei Liu said. "It is ...

MLC drops wrap and super admin fees

DARREN SNYDER  |  TUESDAY, 29 JAN 2019
... fees, and our products and services are meeting their changing needs.'' The fee cuts are also arriving before the Royal Commission's final report; and during an ongoing ASIC and MLC civil case in the Federal Court over separate fees-for-no-service issues. ...

AMP profits nose dive, dividends hit

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
... range of previously advised items reported below underlying profit. These include the costs arising from the Royal Commission response, portfolio review, increased investment in risk, governance and controls, and advice remediation," AMP said in a statement. ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
... financial institutions won't open mortgages to part-timers (that is, of course, pending the findings of the Royal Commission). That said, the ups and downs of the seasonally adjusted data might be good for trading but they don't provide a clear ...

Former Macquarie executive takes new role

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... wealth managers. He assisted HSBC with a wealth remediation program and worked with Macquarie in preparing for the Royal Commission, Blue Sky said. Werro has been acting in the chief risk role for Blue Sky since August 2018, having flagged several months ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... funeral insurance and banning medical disclosure checking without reasonable grounds. The sixth round of the Royal Commission in September 2018 exposed significant issues with the life insurance industry that are now in the process of being covered by ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... passing as law is uncertain at best. Federal Treasurer Stuart Robert said the government will wait for the Hayne Royal Commission final report due on February 1 before formalising a response. Steffanoni said: "This means that we are likely to see policy ...