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Showing 111 - 120 of 346 results for "Final Report"

Big four satisfaction on road to recovery

HARRISON WORLEY  |  TUESDAY, 28 MAY 2019
Around four months after Kenneth Hayne handed down his final report into misconduct in financial services, customers of the big four banks are starting to feel more satisfied. Latest Roy Morgan findings show customer satisfaction with Australia's largest ...

Government to revisit retirement incomes

KARREN VERGARA  |  MONDAY, 27 MAY 2019
... members under 25 years of age to be able to opt-in to group insurance. The Productivity Commission deliberated in the final report some of the potential advantages and issues of implementing retirement income strategies. The Government should reassess ...

Advice practice supply outweighs demand

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2019
... multiples and obtain better payment terms," Radar Results said. In fact, since the release of Commissioner Hayne's final report in February, Radar Results has been inundated with calls from would-be sellers; the firm recently appointed Susannah Hart ...

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
... host stakeholder events, collect consumer data and survey a number of firms in the process. The FCA anticipates its final report will be published in 2020.

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... merged fund. Last year, the Royal Commission public hearings probed failed superannuation fund mergers. When the final report came out in February, one of the recommendations was for APRA to be given powers to oversee stalled mergers.

Industry funds eye SMSF market stronghold

KARREN VERGARA  |  TUESDAY, 16 APR 2019
... superannuation industry continued to deliver strong outcomes for members overall." In light of the Royal Commission final report released in February, it is likely the trends identified in the review, particularly between the retail and industry fund ...

CBA, ASIC move to resolve AFSL conditions

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... further $2.3 million to 232 clients advised by five of its advisers, according to KordaMentha Forensic's fifth and final report. This takes CBA's total remediation bill in relation to the issues and other identified throughout the review to $9.3 million. ...

Government bans superannuation funds treating employers

KARREN VERGARA  |  WEDNESDAY, 10 APR 2019
... brings to life Commissioner Kenneth Hayne's recommendation against treating of employers from the Royal Commission final report. Hayne found legislation on how super funds compete to be nominated as default funds was too lax. Some large funds spend ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... flexibility to determine these strategies in the future," the ABA said. The ABA also echoed the thoughts of Hayne in his final report, and said it remained unclear that the benefits of structural separation would outweigh the costs. At the time, Hayne ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
... it will also reposition BT Financial Group as a standalone division. In handing down the banking Royal Commission final report, Commissioner Kenneth Hayne stopped short of dismantling vertical integration. Hayne said the forced separation of financial ...