Government inquiries (301 items)

NAB racketeers next to yield

The royal commission’s impatience with NAB is palpable, suggesting it may not just be Andrew Hagger - named and shamed on Friday - but his CEO, Andrew Thorburn and the chair of the board, Ken Henry, whose swift exits from the bank look a real prospect.There was, it is said, “a disregard on the part of NAB for members of relevant superannuation funds, for regulators and for the law.” read more

ANZ-IOOF OnePath sale mired by conflicts of interest

The A$1 billion sale of OnePath by ANZ is at risk of being stranded in a minefield of internal and external conflicts, caught between doing the right thing by members of the OnePath fund versus obtaining the best deal for shareholders of ANZ, as well as looking after the advisers that will support the fund in future. read more

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