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Showing 11 - 20 of 141 results for "Hayne Royal Commission"

Treasury reappoints 24 members to FSCP

ELIZA BAVIN | MONDAY, 9 DEC 2024

... economy are regulated effectively," Assistant Treasurer Stephen Jones said. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established the FSCP within the Australian Securities and Investments Commission (ASIC) ...

Pride Advice acquires two Adelaide-based firms

MATTHEW WAI | TUESDAY, 8 OCT 2024

... Given that the number of registered financial planners has nearly halved from some 30,000 prior to the Hayne Royal Commission, Schatto said it is important to develop more advisers to connect those "clients who had lost their planners or were entering ...

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA | THURSDAY, 25 JUL 2024

... Economics says. Despite the enormous regulatory and qualification upheavals advisers experienced since the Hayne Royal Commission, the study found that opportunities abound and there is cause for optimism as the industry reaches a tipping point. To be ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA | TUESDAY, 9 JUL 2024

... and received $426 million in government funding. This marks a 22% increase over 10 years. Following the Hayne Royal Commission in 2019, the federal government injected an additional $400 million into ASIC to cover four years. It also expanded ASIC's ...

Former AMP advice lead sues The Australian

ELIZA BAVIN | MONDAY, 24 JUN 2024

... was published back in January this year, falsely implied he had misled the corporate watchdog during the Hayne Royal Commission into banking and financial services. According to the Statement of Claim - filed in the Federal Court and seen by Financial ...

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA | TUESDAY, 14 MAY 2024

... needed," she said. The adviser population peaked at nearly 30,000 at the end of 2018 in the throes of the Hayne Royal Commission. There were 15,602 active advisers at the end of April this year. While the advice sector may seem fragmented and unable ...

Advisers must unite for major reforms: SIAA

KARREN VERGARA | THURSDAY, 9 MAY 2024

... then implementing the change is greater." The advice industry has endured substantial reforms since the Hayne Royal Commission. The most recent round of changes aims to streamline some process documents such as the ongoing fee renewal and consent requirements. ...

AMP executive pay packet shrinks amid simplification

KARREN VERGARA | MONDAY, 15 APR 2024

... against peers. This is amidst AMP's aggressive simplification program which has been in play since the Hayne Royal Commission and led to the divestment of several business units, including AMP Capital and SuperConcepts. "For executives, as part of ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN | THURSDAY, 21 MAR 2024

... Retail funds will also grow, but at a slower rate reflecting the gradual remediation of issues raised by the Hayne Royal Commission. SMSFs will remain popular, but their growth is expected to be less strong for pre-retirement assets. Meanwhile, industry ...

Advice PDMs, BDMs at inflection point: Survey

KARREN VERGARA | MONDAY, 4 MAR 2024

... business development managers (BDM) by Business Health looked at how these roles have evolved since the Hayne Royal Commission. Business ready IV found that the roles of PDMs and BDMs, while costly in terms of salaries, can add enormous value to a practice ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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