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Showing 821 - 830 of 1691 results for "Royal"

Reforming bank culture rests on regulators: Silk

KARREN VERGARA  |  FRIDAY, 15 MAR 2019
... AustralianSuper chief executive Ian Silk says he's doubtful that the organisations called out for poor behaviour at the Royal Commission have what it takes to become good corporate citizens - if left to their own devices. Appearing at the Conference ...

Goldman Sachs creates new super, pensions role

ELIZABETH MCARTHUR  |  FRIDAY, 15 MAR 2019
... has been an executive director since 2015. Prior to starting at Goldman Sachs, MacEwan worked in capital markets at the Royal Bank of Scotland Business in Sydney and was vice president of Forsyth Barr in Auckland. He began his career at ABN AMRO Bank ...

NAB agrees to RC wealth recommendations

HARRISON WORLEY  |  FRIDAY, 15 MAR 2019
National Australia Bank agreed to all of the Royal Commission's recommendations directly relating to the wealth management industry. Releasing its full response to Commissioner Hayne's 76 suggested changes to Australia's financial services industry ...

Investors stick with managed accounts despite volatility

HARRISON WORLEY  |  THURSDAY, 14 MAR 2019
... According to IMAP, the result is encouraging, given the sector faced difficulties on two fronts towards the end of 2018 - the Royal Commission's potential recommendations and market volatility. IMAP chair Toby Potter said the institute's latest data ...

Rejuvenated APRA asserts authority

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... Funds (CMSF) yesterday that APRA has turned a new leaf following several issues and recommendations raised from the banking Royal Commission. Part of its new strategy is to "weed out" underperforming funds, products and options. Trustees that fail to ...

NFP super funds rise to occasion post-Royal Commission

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
While industry funds emerged largely unscathed from the Hayne Royal Commission, it is more critical than ever for not-for-profit funds to be exemplary in terms of practices and performance. This was a key message at this year's Conference of Major Super ...

Commonwealth Bank delays wealth demerger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2019
... management and mortgage broking businesses. Announced today, the group said it is prioritising the implementation of the Royal Commission's recommendations, refunding customers and remediating past issues. CBA has suspended preparations for the demerger ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... through its network of community-owned branches, according to the RC's public hearings. The decision is at odds with the Royal Commission's final report's recommendation on the subject, which recommended lenders stop paying brokers trailing commissions ...

New NAB chair seeks to ease shareholders

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2019
... $110 million to about 310,000 customers; "and we are stepping up the pace," he added. Chronican said he is confident the Royal Commission's recommendations will lead to a better industry, and expects NAB to lead the change. "It will not be enough to ...

Clayton Utz finally hands AMP notes to ASIC

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... that the matter was not resolved sooner." The Clayton Utz report was a significant thorn in the side of AMP in 2018. The Royal Commission heard in April that the name of then-outgoing chief executive Craig Meller had been removed from a draft version ...