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Showing 831 - 840 of 4429 results for "Poor"

Three AMP directors step down

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... lot of change is required at the company. This must extend to further board renewal. Investors need reassurance that the poor culture and governance practices exposed at the Royal Commission have been banished and new perspectives installed," ACSI chief ...

Industry wants one-stop-shop professional body: Poll

KARREN VERGARA  |  MONDAY, 7 MAY 2018
... associated with the big banks and yet all I'm being flogged is Henderson Maxwell's own products and services...The advice was so poor that I all but threw it in the bin," she said. During his appearance, AFA chief executive Philip Kewin said the AFA ...

CBA enters APRA EU

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... under-resourced compliance team added to the risk, as did a remuneration framework with little sting for senior managers and above when poor risk or customer outcomes materialised. APRA also highlighted that, until recently CBA offered incentives to ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... Maroney said: "I don't want to go into detail about an inquiry that is proceeding, except to say this. We believe that the poor practices and behaviour in the financial advice industry unveiled in recent weeks are extremely disappointing and we strongly ...

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... associated with the big banks and yet all I'm being flogged is Henderson Maxwell's own products and services...The advice was so poor that I all but threw it in the bin," she said. Henderson admitted that the advice provided in the SoA was inappropriate ...

Chief economist update: View from the National Farmers' Federation

BENJAMIN ONG  |  TUESDAY, 24 APR 2018
... manufacturing. Secondly, the reason exports to the EU are so low is the highly restrictive tariffs and quotas we face - as a result of poor negotiations when the UK joined the EU common market. Now is a good chance to address these historical imbalances. ...

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... time, it would have been inappropriate to disclose what the bank knew about Smith. Orr rebuffed this excuse, saying it was in poor effort Westpac did not disclose the nature of the issues and failed to protect Smith's new clients by not sharing it with ...

Advice not yet a real profession: Kell

ALEX BURKE  |  TUESDAY, 17 APR 2018
... standards regarding competency and qualifications, remuneration arrangements, conflicts of interest and a broad record of poor consumer outcomes. "These indicate that we're not yet at a position where we have a profession," Kell said. "I would also note ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
... banking sector isn't via piecemeal reform, committees or self-regulation, but a Royal Commission that "goes to the heart of poor culture." Follow Financial Standard for ongoing coverage of the financial services Royal Commission: NAB details serious ...

Social media singles out ASIC in Royal Commission coverage

ALEX BURKE  |  MONDAY, 16 APR 2018
... April 16, 2018 Likewise, Consumer Action Law Centre senior policy officer Susan Quinn noted how many SMSFs have received poor advice. Pretty unbelievable conduct being exposed here. How the systems that underpin a core business offering could be that ...