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Showing 111 - 120 of 371 results for %22Hayne%22

ASIC quietly granted new access to phone taps

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... that evidence with ASIC. The new powers were again recommended during the Royal Commission. The Financial Sector Reform (Hayne Royal Commission Response - Stronger Regulators (2019 measures)) Bill 2020 explanatory memorandum outlined why ASIC needed ...

Research firm bolsters executive leadership

HARRISON WORLEY  |  WEDNESDAY, 10 JUN 2020
... advice sector, including by helping advice firms break away from large institutions and their "inherent conflicts". "The Hayne Royal Commission has been a catalyst for change for advisers, investors and fund managers," Purcell said. "Nearly 80% of advice ...

Dealer groups slam FPA policy

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... ill-considered given the hard work that the entire advice sector has put in to overcome historic shortfalls brought to light by the Hayne Royal Commission and in light of the leading work that AFSLs bring to bear in areas of education, risk mitigation ...

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... FASEA exam is one important step contributing to transitioning the financial advice industry to, in Commissioner Kenneth Hayne's words, a true 'profession'," Assistant Minister for superannuation, financial services and financial technology Jane Hume ...

Chief economist update: Australia needs China more than it needs us

BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... matter of fact, royal inquiries into anything that trouble the country's economic, political and financial systems - the Hayne Royal Commission of late (which dealt with the shenanigans of banks, superannuation and financial services industry most ...

Life insurers prepare for grilling

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... respond quickly when claims are made," Wilson said. "Given the widespread misconduct in the insurance sector identified by the Hayne Royal Commission, it is important that insurers and those in the industry are held accountable to ensure that they are ...

New firm joins Count Financial network

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
... about 1400 clients, of which about 400 are investment and/or insurance clients. "No one moves licensees for fun - but post Hayne Royal Commission, this was very much a decision about the future of our business and the broader financial planning industry," ...

Super funds called out over liquidity

ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... of the hearings is dependent on the banks providing written updates on their progress with implementing measures of the Hayne Royal Commission to the committee for public release, as well as periodic updates on action they have taken in response to the ...

Life insurers breach own code consistently

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... image management. "Today's report suggests that despite all the rhetoric and promises to do better before and after the Hayne Royal Commission, many insurers have treated their own code as a paper tiger and this casts doubt on the industry's ability ...

Banned advisers still working in advice: FPA

ELIZABETH MCARTHUR  |  MONDAY, 9 MAR 2020
... representatives providing general advice, directors, management and other AFSL employees. "The FPA notes that Commissioner Hayne identified cultural, behavioural and misconduct issues by other participants in the financial services industry such as product ...