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Showing 791 - 800 of 1692 results for "Royal"

Kelaher to leave IOOF

ELIZABETH MCARTHUR  |  THURSDAY, 4 APR 2019
IOOF has announced new leadership following the fallout from the Royal Commission, with managing director Chris Kelaher to leave the embattled wealth firm. Allan Griffiths has been named IOOF's new independent, non-executive chair. He has been acting ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
... women. De Gori also said that while the association "broadly" supports the Government's $606.7 million response to the Royal Commission, the fact most of that amount will be recovered from ASIC's industry funding model will add to the cost of ...

NFP intra-fund advice is not a distribution channel

KARREN VERGARA  |  WEDNESDAY, 3 APR 2019
... provide," she said. While many retail super funds are re-evaluating the advice they provide after the financial services Royal Commission, Bowtell said non-conflicted governance model of profit-to-member funds are in a strong position to provide quality ...

In a nutshell: Federal Budget 2019

JAMIE WILLIAMSON  |  TUESDAY, 2 APR 2019
... on 1 July 2020. This will ensure member balances are not hit with the tax consequences of the merger. In regards to the Royal Commission, $606.7 million from 2018-19 will be used to facilitate the Government's response to the findings of the inquiry ...

Record Budget spend for older Australians

ELIZABETH MCARTHUR  |  TUESDAY, 2 APR 2019
... standards of aged care services." "In some cases, these services have badly let Australians down. That is why we established the Royal Commission into aged care." About $282.4 million of the funding is allocated to support older Australians who want ...

Budget: RC response to cost over $600m

HARRISON WORLEY  |  TUESDAY, 2 APR 2019
The Federal Government's response to the Royal Commission into Misconduct in Financial Services is set to cost more than half a billion dollars. The Federal Government has committed $606.7 million over the next five years to facilitate its response ...

Financial services industry digs deep for charity

ELIZABETH MCARTHUR  |  MONDAY, 1 APR 2019
The annual FICAP 'Who Wants to be a RockStar?' event was a resounding success, as the financial services industry dug deep for charity. The event raised almost $300,000 for Raise, Learning Links and the Starlight Children's Foundation. About 800 people ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... "The Introducer Program was obviously a source of considerable embarrassment to NAB in the first round of hearings of the Royal Commission." Chronican was questioned intensely by the chair, Tim Wilson, about why he was the appropriate chief executive ...

Consumers confused by general, personal advice

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... many consumers, especially retirees, exposed to the potential risk of financial loss." "And whilst the Financial Services Royal Commission, and the Government's response, dealt with the most egregious risks of hawking of complex financial products, consumer ...

Treasury proposes standardised default insurance definitions

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
... group insurance is open for consultation until April 26. Treasurer Josh Frydenberg is taking recommendation 4.13 from the Royal Commission's final report further by determining the cost and benefits and potential pricing effects that legislating universal ...