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Showing 241 - 250 of 893 results for "Ken"

Why do we need royal commissions, Hayne asks

KANIKA SOOD  |  THURSDAY, 8 AUG 2019
In his first public speech since the Royal Commission's final report in February, Kenneth Hayne mulled why Australians are calling for more royal commissions and what it says about our democracy. "The increasingly frequent calls for Royal Commissions ...

On track: APRA reveals RC progress

HARRISON WORLEY  |  THURSDAY, 8 AUG 2019
APRA is on track to meet its deadlines to implement the recommendations stemming from the Royal Commission. The prudential regulator has revealed its responses to each of the 10 recommendations relevant to APRA following the release of Kenneth Hayne's ...

Document leak puts NAB under the pump

HARRISON WORLEY  |  FRIDAY, 2 AUG 2019
... risk management difficulties. As reported by The Sydney Morning Herald, minutes from a June 2018 meeting between NAB chair Ken Henry - who will step down from the role in November - and staff of the bank's long-time external auditor EY, reveal Henry's ...

Unfair contract terms extended to insurance

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
The Federal Government is extending the unfair contract term regime to insurance contracts. Treasurer Josh Frydenberg said proposed amendments to the Unfair Terms in Insurance Contracts Bill 2019 announced this week is the result of the Coalition taking ...

ASIC warns trustees on employer inducements

KARREN VERGARA  |  THURSDAY, 1 AUG 2019
Corporate regulator ASIC is reinforcing the illegality of superannuation funds inducing employers and the serious consequences that come with breaching the new law. ASIC released Infosheet 241 on Wednesday, reminding trustees that influencing employers ...

Final nail in the coffin for grandfathered commissions

KANIKA SOOD  |  TUESDAY, 30 JUL 2019
The government will introduce legislation this week to end the payment of grandfathered commissions to financial advisers by 1 January 2021. Federal Treasurer Josh Frydenberg and assistant minister for superannuation, financial services and financial ...

Julie Bishop headlines AFA conference

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 JUL 2019
The Association of Financial Advisers (AFA) released the program for its annual conference - with former foreign affairs minister Julie Bishop presenting and a focus on wellness. The theme of the conference is "united" and the AFA said in a challenging ...

TCorp chair steps down

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 JUN 2019
... Audit and Risk Committee, the board Investment Committee and the People and Remuneration Committee. Chronican will replace Ken Henry as chair of the NAB board once a permanent chief executive is appointed. He has been a NAB director since 2016 and has ...

Wealth management investigations spike

KANIKA SOOD  |  FRIDAY, 21 JUN 2019
The corporate regulator's wealth management investigations increased 129% in the year to March 2019, ASIC commissioner John Price said yesterday. In opening comments to a keynote panel discussion at the Governance and Risk Management Forum in Melbourne ...

Superannuation reforms underway

KARREN VERGARA  |  FRIDAY, 21 JUN 2019
In her first industry address since inheriting the superannuation portfolio, Senator Jane Hume reinforced the Federal Government's plans to fix the structural problems across the retirement system and ultimately improve outcomes for members. Speaking ...