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Showing 1 - 10 of 80 results for "Banking Royal"

Cbus pushes for lead generator ban

VINNY VUCAGO  |  TUESDAY, 26 MAY 2026
... have trust in the system" Fok said. The fund said lead generators had emerged as a workaround following the post Banking Royal Commission ban on cold-call sales for super and financial advice. Operators instead rely on online mechanisms to harvest personal ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
... regard might be a bit too generous for Worn. "These organisations are conservative by nature. We've just had a Banking Royal Commission, which is still fresh in people's minds. So, I understand the conservatism. No one wanted to be first, but ...

Property developer, investment firm goes 'all in' on Australia

ANDREW MCKEAN  |  WEDNESDAY, 26 FEB 2025
... Grant Thornton Private Wealth. It launched its Australian financial services business in the lead up to the 2018 Banking Royal Commission and currently partners with 35 advice firms across Australia. "We are investing in established and profitable small ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... returns for millions of fund members. And these types of funds have largely avoided the sorts of consumer harms the Banking Royal Commission uncovered at financial services companies with for-profit governance models." Schubert said the strength of the ...

Government passes FAR legislation

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... regulate senior leaders of super funds, banks, insurers, and other APRA-regulated entities at the culmination of the Banking Royal Commission. BEAR was first proposed on 4 February 2019 as part of the former Liberal government's response to the Royal ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... institutional investors pulling money out of active fund managers that were subject to structural changes since the Banking Royal Commission. Some of the investment managers with the largest negative net flows were spun out of the large wealth managers ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... ignored the express wishes of the consumers to cancel policies and acted so as to wear them down," the judge said. The banking Royal Commission grilled Howden about the boiler room sales tactics he imposed on his call centre staff, incentivising them ...

Performance test excluding retirement products is "crazy": Podcast

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
... trustee-directed products. "That will leave out a whole range of other Choice investment options, which we know from the banking Royal Commission, were poorly performing. A whole host of single asset-class investment options are excluded from the performance ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
... Alan Kirkland said the creation of a compensation scheme was one of the most important recommendations from the Banking Royal Commission. "The introduction of a compensation scheme of last resort is an historic moment for consumer financial protection ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... and we're all careful around policemen." Anderson weighed if ASIC was unfairly painted as a weak regulator in the banking Royal Commission. "I think most of the issues that were raised were ones that were already being dealt with," he said. "I've found ...
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