Search ResultsShowing 51 - 60 of 99 results for "Commissioner Kenneth Hayne"
Ongoing service arrangements should be tightened: Hayne
JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
An overhaul of ongoing fee arrangements has been recommended by Commissioner Kenneth Hayne to combat fees for no service conduct. The final report of the Royal Commission has recommended ongoing fee arrangements should be renewed annually by ...
Royal Commission principles not simply an add-on
DARREN SNYDER  |  MONDAY, 4 FEB 2019
... Speaking ahead of the Royal Commission's final report, due at 4.10pm today, Longstaff said Commissioner Kenneth Hayne made it clear he's not interested in more laws to govern compliance, rather it's about where do firms sit in regards to ...
Managed accounts not immune to Royal Commission
KARREN VERGARA  |  TUESDAY, 22 JAN 2019
... that managed accounts are not subject to the same conflicts of interest as larger institutions. Commissioner Kenneth Hayne lambasted the prevalence of conflicts of interest in the interim report . It is an area Wivell Plater "confidently" ...
Ten stories that defined the Royal Commission
HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... to poor consumer outcomes. Hayne admonishes ASIC In his interim report released late in September, Commissioner Kenneth Hayne criticised ASIC's negotiation strategies and tardiness in remediating misconduct that can take years to resolve and ...
Royal Commission sparks risk book sell-off
JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... planners with smaller risk insurance books are looking to offload them now, save waiting for Commissioner Kenneth Hayne's final report. According to Radar Results, there has been a jump in the number of planners looking to sell risk books ...
Industry dubious about one regulatory body: Survey
KARREN VERGARA  |  MONDAY, 10 DEC 2018
... police the financial services sector, and both often blamed a lack of resources and funding. Commissioner Kenneth Hayne criticised APRA and ASIC in his September interim report , highlighting several instances of inefficiencies and failure to ...
Royal Commission: And that is a wrap
KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... were provided a glimpse into the tireless work of the financial services Royal Commission as Commissioner Kenneth Hayne and counsel assisting Rowena Orr made closing remarks this afternoon. The final day's hearings adjourned at 1.15pm and ...
ANZ hid reasons for executive pay cuts
KANIKA SOOD  |  THURSDAY, 29 NOV 2018
... Rowena Orr said. Did the new pay structure change behaviour in ANZ's executives, both Orr and Commissioner Kenneth Hayne asked at separate points during the afternoon's hearing. Elliott said he wasn't sure because the question ...
Should banks fund customer litigation?
HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
... became a focal point of discussion between the bank's chair and counsel assisting Rowena Orr and Commissioner Kenneth Hayne. On the subject of whether NAB should have negotiated with ASIC over the remediation of customers, Henry said NAB's board ...
Vertical integration not to blame
HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... not the reason for the industry misconduct exposed in the Royal Commission. In their responses to Commissioner Kenneth Hayne's interim report, Australia's big four banks - as well as AMP and Macquarie - went as far as to say Hayne should avoid ...
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