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Showing 911 - 920 of 1691 results for "Royal"

AMP profits nose dive, dividends hit

KANIKA SOOD  |  FRIDAY, 25 JAN 2019
... impacted by a range of previously advised items reported below underlying profit. These include the costs arising from the Royal Commission response, portfolio review, increased investment in risk, governance and controls, and advice remediation," AMP ...

Global asset manager names regional head

JAMIE WILLIAMSON  |  FRIDAY, 25 JAN 2019
... years' experience in financial services, Allen has previously held senior roles with Prudential Asset Management and Royal & Sun Alliance Investments. Allen said he is excited to be taking on the new role. "The region remains a key growth area globally ...

Chief economist update: Good jobs bad jobs

BENJAMIN ONG  |  FRIDAY, 25 JAN 2019
... Banks and financial institutions won't open mortgages to part-timers (that is, of course, pending the findings of the Royal Commission). That said, the ups and downs of the seasonally adjusted data might be good for trading but they don't provide ...

Former Macquarie executive takes new role

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... major wealth managers. He assisted HSBC with a wealth remediation program and worked with Macquarie in preparing for the Royal Commission, Blue Sky said. Werro has been acting in the chief risk role for Blue Sky since August 2018, having flagged several ...

FSC extends life code consultation deadline

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... the sale of funeral insurance and banning medical disclosure checking without reasonable grounds. The sixth round of the Royal Commission in September 2018 exposed significant issues with the life insurance industry that are now in the process of being ...

Will the PC recommendations fall through the cracks?

KARREN VERGARA  |  WEDNESDAY, 23 JAN 2019
... and then passing as law is uncertain at best. Federal Treasurer Stuart Robert said the government will wait for the Hayne Royal Commission final report due on February 1 before formalising a response. Steffanoni said: "This means that we are likely to ...

Managed accounts not immune to Royal Commission

KARREN VERGARA  |  TUESDAY, 22 JAN 2019
A legal expert is warning managed accounts providers of the potential implications the financial services Royal Commission will have on remuneration and product recommendations. The Fold Legal chair Claire Wivell Plater urges financial advisers not ...

Royal Commissions puts pressure on finance sector job market: Sunsuper

HARRISON WORLEY  |  TUESDAY, 22 JAN 2019
... market actually rising over the last 12 months, the finance sector still took a significant hit in job demand. With the Royal Commission placing unprecedented scrutiny on the industry, demand dropped 9.6% year-on-year according to Sunsuper, whose Australian ...

Advice jobs are coming: Recruiter

KANIKA SOOD  |  MONDAY, 21 JAN 2019
... raises and more opportunities, as companies rush to fill in compliance and remediation roles created as a result of the Royal Commission. "Another major trend this half will be the continued movement of technically skilled wealth management professionals ...

COBA appoints former ASIC executive

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... customer owned sector as the regulatory and legal environment continues to evolve in the wake of the financial services Royal Commission," COBA chief executive Michael Lawrence said. "The success of our model is demonstrated by our sector's consistently ...