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|Showing 11 - 20 of 69 results for "Hayne Royal Commission"|
|... alleging the funds breached the Corporations Act and ASIC Act . In December 2020, the Financial Sector Reform (Hayne Royal Commission Response) Bill was passed, delaying the ban on super trustees using member's money to pay civil or criminal penalties ...|
|... 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 ...|
|... 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 ...|
|... interest and stamp out fees-for-no service have been tabled in parliament. The Financial Sector Reform (Hayne Royal Commission Response No. 2) Bill 2020 aims to strengthen many weaknesses in the financial advice industry, targeting three key areas: annual ...|
|The Financial Adviser Standards and Ethics Authority will be made redundant as two government bodies take over its remit. Assistant Minister for Superannuation, Financial Services and Financial Technology, Senator Jane Hume announced on December 9 that ...|
|... Danielle Press said the decision reinforces the recent licensing reforms under the Financial Sector Reform (Hayne Royal Commission Response-Stronger Regulators [2019 Measures]) Act 2020. The reforms mandate that ASIC must not grant a licence unless it ...|
|... paper C12 Proof: Claims Handling and Settling Service Statement builds on the Financial Sector Reform (Hayne Royal Commission Response) Bill 2020. The new law, which was introduced in parliament on November 12, will force those providing claims handling ...|
|... communicate with each other on the background of advisers they were employing. The Financial Sector Reform (Hayne Royal Commission Response) Bill which has been introduced to parliament includes obligations for AFSLs to comply with an ASIC reference ...|
|A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...|
|... funds have exhibited over the last 28 years or so under a system that has operated as "one big silo". The Hayne Royal Commission exposed retail funds acting in their best interest, while the COVID-19 crisis showed industry funds acting and furthering ...|
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Senator Jane Hume is allowing candidates who have failed the Financial Adviser Standards and Ethics Authority (FASEA) exam twice to re-sit it in 2022.
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The industry fund has appointed a general manager of brand and marketing.
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The government has passed legislation that will see the establishment of an independent body that will review the effectiveness of both the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA).
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Westpac has decided to retain its New Zealand business after reviewing the feasibility of the 160-year-old division and the impact of increased capital requirements.
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