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Showing 91 - 100 of 183 results for %22Commissioner Hayne%22

Netwealth to benefit from RC fallout

HARRISON WORLEY  |  MONDAY, 18 FEB 2019
... perform even better off the back of the Royal Commission. With grandfathered commissions set to be banned following Commissioner Kenneth Hayne's recommendation, Netwealth said it expects some of the $189 billion in funds under administration subject ...

Royal Commission recommendations split industry

KARREN VERGARA  |  MONDAY, 18 FEB 2019
Commissioner Kenneth Hayne's final recommendations received a mixed reaction in Financial Standard' s latest spot poll. About a third (31%) surveyed by Financial Standard last week believed the banking Royal Commission final recommendations ...

NAB most distrusted bank in Australia

KANIKA SOOD  |  FRIDAY, 15 FEB 2019
... down its final report and NAB bosses resigned. In January, Commonwealth Bank had the lowest trust score but after Commissioner Kenneth Hayne singled out NAB's leadership almost a fortnight ago, the bank plummeted in the Net Trust Score. NAB started the ...

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
... treating employers in efforts to be selected as their default superannuation fund; with the Government acting on Commissioner Hayne's finding that some large super funds spend "not insignificant amounts" on the practice. Additionally, the Government ...

Royal Commission will worsen credit crunch: Poll

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
... final recommendations, Financial Standard 's latest spot poll shows. The majority of respondents (64%) agreed Commissioner Hayne's final report, which was released on February 4, will have the unintended consequences of making it tougher to obtain ...

Don't fear credit crunch: Deloitte

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... made available. Back on property, Hutley said the slow in housing construction likely has little to do with Commissioner Hayne's report, labelling it cyclical. It is slowing but it's not going to throw Australia into a recession or lead to lower interest ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
... standards of advisers, it must not only be independent of industry but also be seen to be independent of industry." Commissioner Hayne notes in the report that both De Gori and Association of Financial Advisers chief executive Phil Kewin testified to ...

Treasury initiates review post RC

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
... years. However, the services lean on short-term grant based funding streams, fragmented delivery and high demand. Commissioner Kenneth Hayne did not make a specific recommendation on them in his final Royal Commission report on Monday. "The desirability ...

NAB wealth exit delayed

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
... Commission report, which singled out the bank and its two head executives for their leadership. In his final report, Commissioner Kenneth Hayne said he was not entirely confident the bank and its leadership had learned lessons of the past, and added ...

NAB chief executive and chair exit

KARREN VERGARA  |  THURSDAY, 7 FEB 2019
... "sustained damage" as a result of past practices and comments made in the Royal Commission's final report about them. Commissioner Kenneth Hayne lambasted the leadership of Thorburn and Henry, believing they have not learned lessons of the past. ...