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Showing 1 - 10 of 100+ results for "Royal Commission"

How AMP plans to bounce back

JAMIE WILLIAMSON  |  FRIDAY, 20 MAY 2022
... acknowledged AMP's poor financial performance in recent years, largely because of all that was exposed by the Royal Commission. In rectifying this, AMP opted against paying a dividend to shareholders in 2021. Today, Hazelton said the company is still ...

Trust in financial services jumps: CFA

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... significantly since 2020 when just one in four investors trusted the financial services industry, with the Hayne Royal Commission eroding confidence in the asset management industry given the significant amount of negative news coverage at the time." ...

Commonwealth Bank appoints new chair

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 APR 2022
... position on 10 August 2022. Livingstone has been chair of the CBA board since 2017, with her tenure including the Royal Commission in 2018. "I have been honoured to serve as CBA's chair through a time when the bank has addressed a number of complex challenges ...

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... they'd died. This conduct carried on for about a decade, including after such conduct was brought to light by the Royal Commission in 2018. Earlier this month, BT Funds Management was fined $20 million in the insurance inside superannuation case ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
... Investment banking giant UBS could be banned from Papua New Guinea and forced to repay tens of millions as a Royal Commission uncovers questionable conduct. A Royal Commission will shortly deliver its verdict in PNG after examining a 2014 decision by ...

Tough news for those already doing it tough

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... government expects its spending on assistance to the aged to increase by 5.6% by 2026, as part of the response to the Royal Commission into Aged Care. Last year's Budget included a five-year $17.7 billion plan for the aged care sector, including new ...

Practice valuations to normalise: Report

JAMIE WILLIAMSON  |  THURSDAY, 24 MAR 2022
... prediction of Centurion Market Makers, outlined in its 2022 Practice Acquisition and Valuations Guide. With the Royal Commission now firmly in the rear vision mirror, business values will normalise as business owners settle into the 'new normal', the ...

Principals' Community retains BT members

ELIZABETH MCARTHUR  |  TUESDAY, 15 MAR 2022
... exceptional, truly highlighting a significant desire for support as they grow in the everchanging post-Covid and post-Royal Commission environment," Costas said. Charlie Viola, partner at Pitcher Partners Sydney Wealth Management, is a current member ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... have been appointed by Treasury as the new disciplinary regime kicks off. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established the FSCP within ASIC as the single disciplinary body for financial advisers from ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... the Superannuation Industry (Supervision) Act 1996 were made as part of the government's response to the Royal Commission with the intention of preventing super fund trustees from using member funds to pay for fines incurred by their own actions. ...
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