Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 158 results for "Financial Services Royal Commission"

New deputy chair for FSC

KARREN VERGARA  |  FRIDAY, 27 MAR 2026
... executive in August 2021, tasked with renewing the wealth firm following the fallout from the Financial Services Royal Commission and subsequent scandals involving several senior executives. FSC chair David Bryant said: "Alexis' experience and insight ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... repercussions for the financial advice profession, having barely shaken off the disrepute from th Financial Services Royal Commission. Good apples Freshwater Wealth founder and financial adviser Roger Perrett commiserates with impacted investors and ...

Treasury proposes advice education standard reforms

KARREN VERGARA  |  TUESDAY, 17 MAR 2026
... The educational reforms have largely driven mass attrition in the profession following the Financial Services Royal Commission. There were 15,151 active financial advisers at the end of 2025, dropping substantially from the peak of 28,000 prior to the ...

CBA updates on class actions, governance review

ELIZA BAVIN  |  WEDNESDAY, 11 FEB 2026
... in court on 26 March 2026. Many class actions were launched off the back of the Banking and Financial Services Royal Commission. In 2017, because of revelations from the Royal Commission, CBA was ordered by APRA to examine whether governance, culture ...

Conaghan holds ASIC accountable for Shield, First Guardian mess

KARREN VERGARA  |  THURSDAY, 20 NOV 2025
... problem or prevent them from happening. "We've already got a truckload of laws after the financial services Royal Commission. But [they] drove up the costs and made it harder for [advisers] to service clients. All those laws didn't protect investors ...

Australian investors loyal to wealth managers - until they're not

ANDREW MCKEAN  |  MONDAY, 26 MAY 2025
... robust regulatory guardrails and the work the sector has done to build trust following the Financial Services Royal Commission has gone a long way to creating an environment where investors are less likely to be considering a shift in primary providers," ...

Admin and compliance taking up 56% of advice practice costs

ELIZA BAVIN  |  MONDAY, 18 NOV 2024
... industry has been grappling with the fragmentation and inefficiencies that arose after the 2018 Financial Services Royal Commission, which led to the exit of major banks from providing advice. The industry is simply not equipped to meet the growing need ...

Pride Advice acquires two Adelaide-based firms

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
... tax-related guidance are now deductible. "The cost of financial advice has increased since the Financial Services Royal Commission handed down its findings five years ago, and the number of financial advisers has significantly decreased," Schatto said. ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... additional licence conditions lifted, marking the end of all outstanding matters raised by the Financial Services Royal Commission. N.M. Super, which controls the AMP Super Fund and Wealth Personal Superannuation and Pension Fund, which collectively ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... calling altogether. "Unfortunately, some funds and advisers are forgetting the lessons of the Financial Services Royal Commission and the horror of 'fees for no service'. Right now, some within the industry are calling for the removal of obligations ...
PREVIOUS
NEXT