Search ResultsShowing 51 - 60 of 100+ results for "Kenneth Hayne"
Hayne targets superannuation employer connections
KARREN VERGARA  |  MONDAY, 4 FEB 2019
Commissioner Kenneth Hayne took a hard-line against hawking superannuation products and the practices of "treating" employers in his final Royal Commission report. Hayne wants the hawking or unsolicited offer of superannuation products to be ...
Life risk commissions must also go: Hayne
KANIKA SOOD  |  MONDAY, 4 FEB 2019
Commissioner Kenneth Hayne has recommended ASIC ultimately whittle down the commissions on life insurance products to zero unless there is a clear justification to keep them. On 1 January 2018, advisers' upfront commission for implementing a ...
Harder for insurers to dodge claims
KANIKA SOOD  |  MONDAY, 4 FEB 2019
... on Australia's insurance industry - all of which the government has agreed to implement. Commissioner Kenneth Hayne has asked that the process of handling and settling insurance claims should not be excluded from the definition of ...
Misconduct must end: Frydenberg
DARREN SNYDER  |  MONDAY, 4 FEB 2019
... the blame of industry misconduct solely on Australia's financial services companies, quoting Commissioner Kenneth Hayne to say "there can be no doubt that the primary responsibility for misconduct in the financial services industry lies with ...
Grandfathered commissions to be banned
JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
... the period 1 July 2019 to 1 January 2021. The removal of the payments was a key recommendation of Commissioner Kenneth Hayne's report, saying there is no justification for grandfathering provisions in an industry that is trying to remove conflicts ...
Hayne recommends new regulatory overseer
HARRISON WORLEY  |  MONDAY, 4 FEB 2019
... his final report into Misconduct in the Banking, Superannuation and Financial Services Industry, Commissioner Kenneth Hayne recommended a new three-person oversight authority would assess the effectiveness of APRA and ASIC in meeting their ...
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" ...
International equities rule Aussie ETFs: Vanguard
HARRISON WORLEY  |  MONDAY, 14 JAN 2019
... 2019 would be a strong year for ETFs, forecasting the Australian market to clear $50 billion in assets. With Kenneth Hayne set to hand down his final report into misconduct in financial services on February 1, the fund manager is anticipating ...
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