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Showing 131 - 140 of 388 results for "Hayne"

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 ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... criminal action, following ASIC's investigation. Seven of the cases referred to the corporate regulator by Commissioner Kenneth Hayne are still being looked into by the corporate regulator. "We will continue to put other cases of misconduct before the ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... interests of consumers and to prioritise their clients when providing credit assistance. Following recommendations from the Hayne Royal Commission, the parliament introduced a best interests duty for mortgage brokers in February 2019. The duty seeks ...

Status quo not option for remuneration: APRA

ELIZA BAVIN  |  THURSDAY, 20 FEB 2020
... and possibly longer to restore public trust. She was cautious not to dismiss the progress that has been made in the post-Hayne year, saying APRA has seen evidence that boards and management of financial institutions increasingly recognise that they have ...