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Showing 1 - 10 of 71 results for "Commission for"

Federal Court dismisses Freedom Insurance staff allegations

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... Cohen breached his directors' duties. The now-defunct Freedom Insurance made headlines during the Hayne Royal Commission for shocking sales tactics that targeted namely vulnerable people. In one example, Freedom Insurance sold life insurance to an ...

My mind has not been changed: Levy

CASSANDRA BALDINI  |  WEDNESDAY, 8 FEB 2023
... is provided by an individual and either the client pays a fee for the advice or the issuer of the product pays a commission for the sale of the product to which the advice relates. In all other cases, personal advice can be provided by a non-relevant ...

Treasury releases Quality of Advice Review final report

CASSANDRA BALDINI, JAMIE WILLIAMSON  |  WEDNESDAY, 8 FEB 2023
... is provided by an individual and either the client pays a fee for the advice or the issuer of the product pays a commission for the sale of the product to which the advice relates. In all other cases, personal advice can be provided by a non-relevant ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
... problems involved with vertically integrated instructions, manufacturing a product and then employing or providing a commission for its sale," he said. "If you were to go down that path you would have to have significant regulatory and government protections ...

Stake offers $0 ASX brokerage

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
... sign up to Stake and fund their account for the referral to be valid. "It's been four years since we pioneered $0 commission for US shares and during that time have maintained the core belief that there's no reason Australians should be stung with ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... post‐tax statutory loss of about $26 million after the transaction. St Andrew's was embroiled in the Hayne Royal Commission for its affiliation with Select AFSL's dodgy sales practices. Select terminated its agreement to distribute and promote ...

UBS, Nomura cop fines over bond cartel

KANIKA SOOD  |  TUESDAY, 25 MAY 2021
UBS, Nomura and UniCredit were fined a total of $585 million by the European Commission for cartel conduct in government bond trading during the GFC. EC says the three investment banks breached antitrust rules through the participation of a group of ...

APRA approves MLC super takeover

ELIZABETH MCARTHUR  |  FRIDAY, 7 MAY 2021
APRA has given IOOF the go-ahead to take over MLC's superannuation business. Yesterday, the regulator approved IOOF's application to hold a controlling stake in NULIS Nominees, the trustee for MLC Super. On 31 August 2020, IOOF entered into an agreement ...

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
... abandoning life insurance and superannuation. Suncorp Portfolio Services landed in hot water at the banking Royal Commission for a number of issues that included withholding tax benefits from members, not being transparent about intra-company payments ...

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
... Galantino and Father Juan Antonino Guerrero Alves attended the meeting. At the meeting, the Pope established the commission for transfer and control to facilitate the changes. The commission will be made up of Parra, Galantino and Alves.
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