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Showing 241 - 250 of 1256 results for "Royal Commission"

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... decisions" in misleading and deceiving clients relating to the Client Protection Policy, which was the core of his Royal Commission testimony. ASIC argued that under the policy, the firm intentionally misled clients in a number of ways to either misstate ...

Aged care RC unveils 148 recommendations

KARREN VERGARA  |  TUESDAY, 2 MAR 2021
... puts the most vulnerable at risk, the landmark inquiry found in its in final report. The final report of the Royal Commission into Aged Care Quality and Safety, tabled in parliament yesterday, formulated 148 recommendations to overhaul a system that ...

Government passes advice, super reforms

ANNABELLE DICKSON  |  FRIDAY, 26 FEB 2021
... members within 28 days. Two key pieces of legislation were passed yesterday: the Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 and passed the Treasury Laws Amendment (Reuniting More Superannuation) Act 2021. The passage of ...

ASIC zeroes in on bad SMSF advice, conduct

KARREN VERGARA  |  TUESDAY, 23 FEB 2021
... provide financial service to trustees such as advisers, auditors and products that SMSFs invest in. The Hayne Royal Commission adjusted the roles of ASIC and APRA in superannuation. From 1 January 2021, ASIC was given more powers in super under the SIS ...

AFCA chair under fire

ELIZABETH MCARTHUR  |  THURSDAY, 18 FEB 2021
... Western Australia are asking questions about its suitability," Smith said. WA is poised to push ahead with a Royal Commission style probe into the casino company. Crown said in a statement to the ASX that it would fully cooperate with the inquiry. Coonan ...

The future of quality advice: SMSFA

ANNABELLE DICKSON  |  THURSDAY, 18 FEB 2021
... Conference, Deloitte director of wealth advisory practice Mark Ryan explained reflecting on the lessons of the Royal Commission brings forth ideas for the future of advice practices. Ryan's first tip is investment in adviser capability and training. ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... 2021 is the culmination of about three years' work of the Productivity Commission and financial services Royal Commission attempting to address "structural flaws in the superannuation system", the explanatory memorandum reads. The bill covers four ...

Financial services sees improved mental health

ELIZA BAVIN  |  MONDAY, 15 FEB 2021
... COVID-19 pandemic. The leap comes after a challenging few years, following the Senate Inquiry into Insurance and the Royal Commission. The report found that the industry's overall thriving workplace score leapt to the second highest in 2020, from just ...

FPA calls for levy overhaul

ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... anyone who can influence the advice process in its submissions to ASIC for Consultation Paper 333 Implementing the Royal Commission recommendations: Reference checking and information sharing.

Your Future, Your Super on APRA to-do list

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
... Additionally, APRA will continue to finalise and implement a revised standard on remuneration, which was a key Royal Commission recommendation that remains outstanding. APRA said it will also work to strengthen crisis preparedness, including the development ...