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Showing 131 - 140 of 141 results for "Kenneth Hayne"

Dover roasted for 'Orwellian' protection policy

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... stating the vast majority if not all of the document was unenforceable. McMaster agreed. At this point, Commissioner Kenneth Hayne intervened, asking McMaster: "Does it not then follow that the document itself is misleading or deceptive?" Warned that ...

Royal Commission invite refused by Dover

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... Commission yesterday, Dover owner Terry McMaster said the licensee assumed a letter received from the Commissioner Kenneth Hayne in February inviting its participation didn't require a response. "It was phrased in terms of an invitation, which we took ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... summarises all the evidence heard on day four and five of the financial advice industry's turn before Commissioner Kenneth Hayne. Executives from Westpac, CBA and AMP have now made an appearance. Here's everything you need to know: April 20: First casualty ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... said, Westpac has made changes to its remuneration models whereby revenue will not be the "hero item." Commissioner Kenneth Hayne questioned why the organisation doesn't value the idea of advisers simply providing genuine advice whereby nothing else ...

Royal Commission must be extended: FSU

HARRISON WORLEY  |  FRIDAY, 20 APR 2018
... revelations of misconduct continue to arise from the inquiry. The Finance Sector Union said the inquiries of Commissioner Kenneth Hayne should not be halted due to time constraints. Additionally, the FSU believes the investigation should allow for the ...

RECAP: Advice in the Royal Commission spotlight (Days 1 - 3)

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... stories and key points you need to know. Australia's top financial institutions are lining up before Commissioner Kenneth Hayne in the latest round of the financial services Royal Commission that runs until April 27. Between shuffling of papers, awkward ...

Royal Commission latest: CBA doing more with fewer advisers

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... clients identified, Perkovic deflected Hodge's line of questioning on numerous instances - to the extent Commissioner Kenneth Hayne had to intervene repeatedly and warned her to answer all the questions directly. Perkovic told Hodge that based on her ...

AMP platform fees laid bare

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... arrangement between clients and their advisers, and that the platform merely facilitates the transaction. Commissioner Kenneth Hayne described AMP's fee structure as a "collection mechanism" that automatically disposes clients' assets - which AMP holds ...

Royal Commission to grill FPA, AFA

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
... groups will face the latest round of public hearings in the financial services Royal Commission. Led by Commissioner Kenneth Hayne, the inquiry has called upon the Financial Planning Association of Australia (FPA), the Association of Financial Advisers ...

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
Commissioner Kenneth Hayne had to repeatedly ask some of Australia's largest financial services businesses to properly explain the nature, extent and effect of any misconduct over the past five to 10 years. Overseeing the Royal Commission into the Misconduct ...