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Showing 281 - 290 of 388 results for "Hayne"

Chief economist update: Safe as burning houses

BENJAMIN ONG  |  MONDAY, 14 JAN 2019
... tighter lending restrictions implemented by the Australian Prudential Regulation Authority (APRA) and as a result of the Hayne Royal Commission have already dented confidence in the Australian property market, sending prices lower. These tighter lending ...

Ten stories that defined the Royal Commission

HARRISON WORLEY  |  WEDNESDAY, 19 DEC 2018
... segment was failing consumers, with products offering little to no value called out for leading to poor consumer outcomes. Hayne admonishes ASIC In his interim report released late in September, Commissioner Kenneth Hayne criticised ASIC's negotiation ...

Grandfathered commissions: Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 19 DEC 2018
Almost two-thirds of financial advisers are against the removal of grandfathered commissions. A recent poll conducted by Financial Standard's sister publication FS Advice found 63% of respondents do not believe the payment of grandfathered commissions ...

Royal Commission sparks risk book sell-off

JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
Financial planners with smaller risk insurance books are looking to offload them now, save waiting for Commissioner Kenneth Hayne's final report. According to Radar Results, there has been a jump in the number of planners looking to sell risk books ...

Industry dubious about one regulatory body: Survey

KARREN VERGARA  |  MONDAY, 10 DEC 2018
... bodies police the financial services sector, and both often blamed a lack of resources and funding. Commissioner Kenneth Hayne criticised APRA and ASIC in his September interim report, highlighting several instances of inefficiencies and failure to impose ...

Social media reacts to final Royal Commission hearings

HARRISON WORLEY  |  FRIDAY, 30 NOV 2018
... George Tsambourakis says the Royal Commission leaves victims of misconduct without closure. Indeed. Take a bow Commissioner Hayne (perhaps for the last time in this setting?). That's been one heck of a sitting schedule. Impressive performances by ...

Royal Commission: And that is a wrap

KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... public were provided a glimpse into the tireless work of the financial services Royal Commission as Commissioner Kenneth Hayne and counsel assisting Rowena Orr made closing remarks this afternoon. The final day's hearings adjourned at 1.15pm and unlike ...

ANZ hid reasons for executive pay cuts

KANIKA SOOD  |  THURSDAY, 29 NOV 2018
... assisting Rowena Orr said. Did the new pay structure change behaviour in ANZ's executives, both Orr and Commissioner Kenneth Hayne asked at separate points during the afternoon's hearing. Elliott said he wasn't sure because the question hasn't ...

Equity Trustees adds former family office leader to board

HARRISON WORLEY  |  THURSDAY, 29 NOV 2018
A former Mutual Trust chief executive is set to join the board of Equity Trustees. Tim Hammon has been appointed as a non-executive director of Equity Trustees, adding 10 years of leadership experience at one of Australia's prominent multi-family offices ...

Should banks fund customer litigation?

HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
... issue became a focal point of discussion between the bank's chair and counsel assisting Rowena Orr and Commissioner Kenneth Hayne. On the subject of whether NAB should have negotiated with ASIC over the remediation of customers, Henry said NAB's board ...