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Showing 1 - 10 of 23 results for "Senate Economics Committee report"

BT unveils tougher adviser standards

LAURA MILLAN  |  TUESDAY, 26 AUG 2014
... for its financial advisers, responding to mounting pressure from consumers, associations and a Senate Economics Committee report. Similar to the new rules approved by Commonwealth Bank (CBA), AMP and National Australia Bank (NAB), BT advisers will have ...

Macquarie rebukes advice, compliance concerns

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
Macquarie has issued its first public statement since a Senate Economics Committee report flagged "systemic failings of compliance" within its advice business two weeks ago. The group said that it has been working with the Australian Securities and ...

CBA reaction too slow, too little, too late

LAURA MILLAN  |  FRIDAY, 4 JUL 2014
... professionalism, expertise and conflicts of interest that need to be fixed urgently." Read the full Senate Economics Committee report into ASIC here Read all Financial Standard coverage of the ASIC inquiry here

Government still mulling response on Senate report

LAURA MILLAN AND AAP  |  THURSDAY, 3 JUL 2014
... Bank's (CBA) Open Advice Review program announced today while it works on its response to the Senate Economics Committee report. Finance Minister Mathias Cormann said that it was "appropriate, indeed it was necessary, that CBA CEO Ian Narev answered ...

FPA calls for industry summit to restore trust in advice

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
... advisers are part of a professional body and follow continuing education programs. Read the full Senate Economics Committee report into ASIC here Read all Financial Standard coverage of the ASIC inquiry here

CBA opens up compensation review to all advice clients

LAURA MILLAN  |  THURSDAY, 3 JUL 2014
... increasing defenseness over the years with a spirit of openness; we've listened." Read the full Senate Economics Committee report into ASIC here Read all Financial Standard coverage of the ASIC inquiry here

Inquiry sees spike in demand for legal action against CBA

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
... clients after its methods were found to be inconsistent and disadvantaged customers. Read the full Senate Economics Committee report into ASIC here Read all Financial Standard coverage of the ASIC inquiry here

CBA needs to"lift its game": Treasurer

LAURA MILLAN  |  MONDAY, 30 JUN 2014
... address cases of alleged fraud, document forgery and improper advice within CBA. Read the full Senate Economics Committee report into ASIC here Read all Financial Standard coverage of the ASIC inquiry here

ASIC changes depend on the government: Medcraft

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
... consideration" and added that the regulator is in the process of examining them carefully. Read the full Senate Economics Committee report into ASIC here Read all Financial Standard coverage of the ASIC inquiry here

Inquiry has Macquarie Private Wealth in its sights

MARK SMITH  |  FRIDAY, 27 JUN 2014
... regulator's "venality", "incompetence", "laziness" and "lack of intellectual rigour." Read the full Senate Economics Committee report into ASIC here. Read all Financial Standard coverage of the ASIC inquiry here.
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