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Showing 801 - 810 of 1257 results for "Royal Commission"

AFA explains stance on grandfathered commissions

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
... further light on its opposition to end grandfathered commissions, outlining considerations the financial services Royal Commission did not address in public hearings. Speaking to Financial Standard on Thursday, AFA general manager of policy and professionalism ...

Super funds wield bank remuneration stick

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
... with less disdain, but they only need to register a down vote of 25% to record a strike. The financial services Royal Commission undoubtedly played an integral role in shareholder sentiment, but what's not as clear initially is the makeup of institutional ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
Need a Royal Commission refresh? Here are the top stories you needed to know in 2018. Meller leaves AMP After a difficult appearance at the Royal Commission's hearings into financial advice, AMP's outgoing chief executive made a swift exit ...

Financial Standard unwrapped: Our top stories in 2018

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... Federal Budget brought more changes to the superannuation system and beefed up the funding of APRA and ASIC as the Royal Commission began to shed light on various instances of misconduct in Australia's financial system that hadn't been dealt ...

Shareholders put NAB board in the hot seat

KARREN VERGARA  |  WEDNESDAY, 19 DEC 2018
... resulted in billions of dollars wiped out in market capitalisation. In the lead up to the financial services Royal Commission, the shareholder said there was something "amiss" in the way the board ran the bank, as reflected in failed ventures in the ...

Grandfathered commissions: Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
... revenue. Meanwhile, 12% rely on the payments to produce more than 60% of income. Following the financial services Royal Commission, the removal of grandfathered commissions is expected to be one of the key recommendations of Commissioner Hayne's ...

ASIC sharpens focus on managed accounts

KARREN VERGARA  |  TUESDAY, 18 DEC 2018
... in October and discussed issues that included the MDA legislative instrument and RG179, IMAP said. While the Royal Commission flagged a substantial number of potential policy considerations, it didn't reference a specific type of managed accounts in ...

MYEFO: Regulatory funding increases, Budget surplus doubles

DARREN SNYDER  |  MONDAY, 17 DEC 2018
... enforcement action by the Australian Securities and Investments Commission (ASIC) including cases highlighted by the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry." The Government is also providing $28 ...

$200k on the life-line for new Freedom chief

HARRISON WORLEY  |  MONDAY, 17 DEC 2018
... redundant, in an effort to restructure the business after it copped a barrage of criticism in the wake of its Royal Commission appearance. The Commission heard grim evidence the firm sold life insurance to an intellectually disabled man, and only cancelled ...

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... of planners looking to sell risk books of between $100,000 and $200,000. This is because the findings of the Royal Commission are likely to have a significant impact on the market, the buyer's agent said. "Certainly, the higher education requirements ...