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Showing 101 - 110 of 350 results for "Final Report"

Retirement income under review

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
... appropriate incentives for self-provision in retirement. A consultation paper will be released in November, with a final report due to the government by June 2020. The review will aim to establish a "fact base" of the existing retirement income system ...

One regulatory regime enough: FSC

HARRISON WORLEY  |  FRIDAY, 13 SEP 2019
... Hayne's philosophy that financial services law be simplified. "This is consistent with the philosophy expressed in the Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry," the FSC said. ...

CFS slashes trail commissions on some funds

KANIKA SOOD  |  THURSDAY, 29 AUG 2019
... treasurer Josh Frydenberg, who last month introduced legislation to end them by 2021. The banking Royal Commission's final report made a recommendation against grandfathered commissions, which ASIC has listed as a priority in its corporate plan released ...

Peak bodies respond to government roadmap

KRISTI CHENG  |  TUESDAY, 20 AUG 2019
... legislative changes were announced. "Banks are well down the track of implementing recommendations" it said, since the final report was handed down six months ago. All six changes to the Banking Code in the recommendations are underway, with five of ...

Why do we need royal commissions, Hayne asks

KANIKA SOOD  |  THURSDAY, 8 AUG 2019
In his first public speech since the Royal Commission's final report in February, Kenneth Hayne mulled why Australians are calling for more royal commissions and what it says about our democracy. "The increasingly frequent calls for Royal Commissions ...

On track: APRA reveals RC progress

HARRISON WORLEY  |  THURSDAY, 8 AUG 2019
... revealed its responses to each of the 10 recommendations relevant to APRA following the release of Kenneth Hayne's final report into misconduct in the financial services industry, with four due to be ticked off by the end of the year and an additional ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... inquiry by the Parliamentary Joint Committee on Corporations and Financial Services in Parliament yesterday, with a final report due by March 1 2020.

AFA, FPA slam haste in ending grandfathered commissions

KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... in older products even when newer, better and more-affordable products are available on the market," he said. The final report of the Hayne Royal Commission recommended repealing the grandfathering provisions "as soon as is practicable". De Gori said ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
... Amendment (Ending Grandfathered Conflicted Remuneration) Bill 2019 implements the government's response to the final report, to end the grandfathering of conflicted remuneration by 1 January 2021. "We are also going further, by including in the Bill ...

ISA lays out $416bn super saving plan

HARRISON WORLEY  |  THURSDAY, 18 JUL 2019
... better off in retirement, the report suggests. The research acts on recommendation 3.5 of the Royal Commission's final report, which suggested Australians should retain one default super account, and the development of machinery to staple a person to ...