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Showing 81 - 90 of 226 results for %22Senate Inquiry%22

NAB to take "leading role" in advice remediation

ALEX BURKE  |  WEDNESDAY, 22 APR 2015
During the Senate Economics References Committee's Scrutiny of Financial Advice inquiry, NAB chief executive Andrew Thorburn said the bank was prepared to take a "leading role" in addressing the compensation gap for victims of poor financial advice. ...

Sacked Macquarie advisers still in the industry

LAURA MILLAN  |  TUESDAY, 21 APR 2015
... are currently employed in other financial planning firms, Macquarie chief executive Nicholas Moore said. Speaking at a Senate Economics Committee public hearing within the Scrutiny of Financial Advice inquiry, Moore said: "We don't keep track of people ...

Industry should help fund ASIC: ANZ

LAURA MILLAN  |  TUESDAY, 21 APR 2015
... Commission (ASIC) so it can "fully police industry behaviour." ANZ deputy chief executive officer Graham Hodges told a Senate Economics Committee hearing within the Scrutiny of Financial Advice inquiry that "the industry must take responsibility for ...

Market Wrap AM

AAP  |  TUESDAY, 21 APR 2015
... equities news, the chief executives of Macquarie Group, National Australia Bank and Commonwealth Bank are due to appear before Senate committee inquiry into financial advice services. Rio Tinto and Oil Search are slated to post first quarter production ...

Big end of town to face Senate over bad advice

LAURA MILLAN  |  FRIDAY, 17 APR 2015
Australia's top bankers will have to explain what went wrong in their advice divisions at a public Senate hearing in Canberra on Tuesday. Chaired by Labor Senator Sam Dastyari, the Senate Economics Committee will interrogate Macquarie Group chief executive ...

Digital currency continues to be monitored: RBA

DARREN SNYDER  |  WEDNESDAY, 8 APR 2015
... currently raise issues for them in terms of monetary policy and financial stability mandates. The RBA recently addressed a Senate Economics References Committee inquiry about digital currency and said it continues to monitor developments in the area. ...

Nationals pressure Treasury for RC into white collar crime

LAURA MILLAN  |  MONDAY, 23 FEB 2015
... and negotiated between Williams and the Treasurer, the Senator said. Williams is the Senator who tabled the motion for a Senate Economics Committee inquiry into the performance of the Australian Securities and Investments Commission (ASIC) in mid-2013. ...

Industry waiting on Frydenberg for adviser education guidance

LAURA MILLAN  |  MONDAY, 19 JAN 2015
... waiting on newly-appointed Assistant Treasurer Josh Frydenberg to make public the government's position on the Senate inquiry into adviser education standards. Financial Planning Association (FPA) general manager of policy and conduct Dante De Gori told ...

FPA sets sights on lifting professional standards

MARK SMITH  |  FRIDAY, 16 JAN 2015
... and professional standards. The FPA welcomes this and we are pleased to see that the Financial System Inquiry, Senate Inquiry into the Performance of ASIC and most recently the PJC Inquiry have widely supported the measures we called for in the FPA 10 ...

Medcraft backs national adviser exam

MARK SMITH  |  TUESDAY, 13 JAN 2015
... cheating." Medcraft's comments echo those of ANZ Bank, which called for a national adviser exam In its submission to the Senate Economics Reference Committee inquiry into the scrutiny of financial advice. The bank said the new education framework should ...