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Showing 121 - 130 of 1594 results for "Royal"

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... Panel (FSCP) have been appointed by Treasury as the new disciplinary regime kicks off. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established the FSCP within ASIC as the single disciplinary body for financial ...

Rainy day funds probed

ELIZABETH MCARTHUR  |  FRIDAY, 11 FEB 2022
... Section 56 of the Superannuation Industry (Supervision) Act 1996 were made as part of the government's response to the Royal Commission with the intention of preventing super fund trustees from using member funds to pay for fines incurred by their ...

Hostplus hits members with new fee

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... designed to ensure trustees pay certain sanctions out of their own pockets. The changes partly came about in response to the Royal Commission hearing IOOF used member money to pay fines. Hostplus said it consulted with PwC to develop a fair and appropriate ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
... 56 of the Superannuation Industry (Supervision) Act 1996 were made as part of the government's response to the Hayne Royal Commission to protect the funds of members by preventing trustees from using these funds to pay for fines incurred by their ...

RI Advice slapped with $6m penalty

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... Doyle was affiliated with RI Advice between May 2013 and June 2016. Doyle and RI Advice were closely examined at the Hayne Royal Commission as a case study in "bad advice".

Consumer advocates criticise advice review

ELIZABETH MCARTHUR  |  THURSDAY, 3 FEB 2022
... it argued conflicted remuneration is the root cause of many of the problems in the financial advice sector exposed by the Royal Commission. "This review is supposed to be focused on ending conflicted remuneration in insurance and financial advice, which ...

Risk, compliance salaries soar: Data

JAMIE WILLIAMSON  |  TUESDAY, 1 FEB 2022
... professionals are a hot commodity in 2022, as data shows entry-level salaries having increased by a whopping 66% since the Royal Commission. According to Kaizen Recruitment, this year continues to see upward pressure on salaries in the risk and compliance ...

Inquiry criticises gaps in CSLR

KARREN VERGARA  |  MONDAY, 31 JAN 2022
... capability to recover from a significant loss, bearing the cost of misconduct, as we saw in the years leading up to the royal commission," he said. Limiting the scope of the CSLR to the financial advice and specific sub-sectors has also been widely slammed ...

Quality of Advice must consider digital: Ignition

ELIZABETH MCARTHUR  |  MONDAY, 31 JAN 2022
... better enable the provision of high quality, accessible and affordable financial advice for retail investors". "Since the Royal Commission, these goals have been contradictions in terms - the quality of advice may have improved, but accessibility and ...

JLL chief executive to retire after 40 years

CHLOE WALKER  |  THURSDAY, 27 JAN 2022
... added New Zealand to his responsibilities in 2018. Conry is a Fellow of the Australian Property Institute, a Fellow of the Royal Institution of Chartered Surveyors, and a Fellow of the Australian Institute of Company Directors. Conry's service to ...