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Showing 71 - 80 of 294 results for %22Joint Committee%22

Royal Commission must cast net wider

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... superannuation funds is being overlooked. Adding fuel to these calls was a February hearing of the Parliamentary Joint Committee on Corporations and Financial Services - where ASIC deputy chair Peter Kell conceded the regulator has failed to effectively ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
The Association of Financial Advisers (AFA) has slammed the Parliamentary Joint Committee's report on life insurance, highlighting several aspects as surprising, perplexing and disappointing. The AFA hit out at the PJC's assessment of the direct, group ...

Super fund redesigns insurance offering

HARRISON WORLEY  |  WEDNESDAY, 4 APR 2018
... comes as the life insurance industry faces pressure after the release of the final report by the Parliamentary Joint Committee on Corporations and Financial Services. The PJC believes in a single government-backed code administering the industry. Recent ...

PJC doubts life insurance industry can self-regulate

KARREN VERGARA  |  WEDNESDAY, 28 MAR 2018
A Parliamentary Joint Committee on life insurance said it is "not convinced" the industry can sufficiently self-regulate and is recommending the co-regulatory approach foreshadowed by ASIC. In its final report, the PJC on Corporations and Financial ...

Commonwealth Bank parts with Narev-era executives

KANIKA SOOD  |  MONDAY, 26 MAR 2018
... to take reign at the bank on April 9. The bank is conducting a global search to fill the three departures, according to a joint-statement by Comyn and outgoing chief executive Ian Narev. Group executive institutional banking and markets Kelly Bayer Rosmarin ...

Successful implementation of super code critical

STEPHEN FAY, JAMIE WILLIAMSON  |  THURSDAY, 15 MAR 2018
... addressing under-insurance. Minto added that there may be further changes to the code in the medium term resulting from the Joint Parliamentary Committee, Productivity Commission and potentially the Royal Commission but this shouldn't serve as a deterrent ...

Investec unveils succession plan

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2018
... directors. As part of the succession plan the firm first flagged in November 2015, Fani Titi and Hendrik du Toit will become joint chief executives effective 1 October 2018. Titi is currently a non-executive director and group chair, while du Toit, a ...

Government caves to banking Royal Commission

KARREN VERGARA  |  THURSDAY, 30 NOV 2017
... banking inquiry" that is disrupting and risks undermining the reputation of Australia's financial system. They said in a joint statement: "Instead of the inquisition into capitalism that some have called for, the Royal Commission will take a conventional ...

Powell power

BENJAMIN ONG  |  THURSDAY, 30 NOV 2017
There wasn't really anything earth-shattering in US Federal Reserve Chair Janet Yellen's testimony before the Joint Economic Committee of the US Congress overnight where she discussed 'The Current Economic Outlook and Monetary Policy'. Growth is gaining ...

Life insurer definitions clashing: Regulators

KARREN VERGARA  |  TUESDAY, 14 NOV 2017
... instance by insurers. Kell flagged the importance of the project as a "significant priority" to the Parliamentary Joint Committee on Corporations and Financial Services on life insurance in October. "There's a lot of work that needs to take place within ...