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Showing 851 - 860 of 1257 results for "Royal Commission"

Apologies are over: Royal Commission looks to future

HARRISON WORLEY  |  MONDAY, 19 NOV 2018
The final round of the financial services Royal Commission will ask chief executives at Australia's largest wealth management companies how to prevent this same misconduct ever happening again. Making her opening statement this morning, counsel ...

Code of ethics still the main game: FPA

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... effect from January but have been delayed until next November. He also spoke about the ongoing financial services Royal Commission and the association's work outside these major industry movements. This included enshrining the term financial planner ...

AFCA creates small businesses ombudsman role

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... added AFCA recognises that small businesses are a very important part of the Australian economy and the banking Royal Commission has demonstrated how devastating it can be when their financial disputes are not fairly resolved. On 1 November 2018, AFCA ...

New degree tackles adviser education standards

KARREN VERGARA  |  FRIDAY, 16 NOV 2018
... significant changes both with the introduction of the new qualification standards and recommendations from the banking Royal Commission - the combination of these two will reshape the industry. "We will likely see a shift towards more independent planners. ...

We must do better: ASFA

JAMIE WILLIAMSON  |  WEDNESDAY, 14 NOV 2018
... conference in Adelaide this morning, ASFA chair Michael Easson didn't shy away from the criticism of the Royal Commission. Following a video recap of the inquiry, Easson said restoring public trust is the industry's biggest challenge and should ...

FPA fines Henderson $50k

KARREN VERGARA  |  WEDNESDAY, 14 NOV 2018
... and enforcement of the FPA Code is an important aspect of that commitment." In April, the financial services Royal Commission heard former client, Fair Work commissioner Donna McKenna, a sought Henderson's advice after discovering he won the 2016 ...

Labor responds to Royal Commission, sheds light on victims of misconduct

HARRISON WORLEY  |  TUESDAY, 13 NOV 2018
... Labor Party submitted a response to Commissioner Kenneth Hayne's interim report, documenting feedback to the Royal Commission through victims of bank misconduct, including claims banks go out of their way to avoid compensation settlements. In its ...

Vamos joins embattled insurer

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
... stalwart Pauline Vamos is set to become chair of an ASX-listed insurance company which was taken to task during the Royal Commission. Vamos is now a non-executive director on the board of Freedom Insurance Group, the insurer that was admonished in the ...

Trust in advice hits record low

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
... is at an all-time low and those engaged in financial advice are significantly less likely to recommend it post-Royal Commission, new research shows. A new survey from Investment Trends asking consumers to rate trust levels out of 10 shows trust in financial ...

FSC revamps life insurer code

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... the life insurance industry is under the microscope following the poor behaviour brought to light during the Royal Commission," she said. "We owe it to consumers to do a better job. Today with the release of the consultation draft of the second iteration ...