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Showing 11 - 20 of 132 results for %22Commissioner Kenneth Hayne%22

Sam Henderson pleads guilty

ELIZABETH MCARTHUR  |  TUESDAY, 25 AUG 2020
... Financial Planning Association of Australia, Henderson allegedly called her "aggressive" and "nit-picking". Commissioner Kenneth Hayne did not accept Henderson's defence of that the advice he provided to that client was a "draft".

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... FASEA exam is one important step contributing to transitioning the financial advice industry to, in Commissioner Kenneth Hayne's words, a true 'profession'," Assistant Minister for superannuation, financial services and financial technology Jane Hume ...

Life insurers prepare for grilling

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... defending Federal Court proceedings brought against it by ASIC relating to a case referred to it by Royal Commissioner Kenneth Hayne - will round out the day.

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... criminal action, following ASIC's investigation. Seven of the cases referred to the corporate regulator by Commissioner Kenneth Hayne are still being looked into by the corporate regulator. "We will continue to put other cases of misconduct before the ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... rules - changed for advisers. It's been 12 months since the financial services sector was hit with Commissioner Kenneth Hayne's final report. And while the big banks appeared to be early casualties, it's hard to refute that the financial advice industry ...

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... charging advice fees in MySuper products. On the eve of the one-year anniversary of the release of Commissioner Kenneth Hayne's final report, Treasurer Josh Frydengberg has released draft legislation implementing several of the report's recommendations ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
... Pointing to the Royal Commission's final report into misconduct in the financial services industry, Bristow recalled Commissioner Hayne's opinion that adding more regulation was not the answer to the industry's woes. "This is also a point of regulation ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
More than a year after it was recommended by Commissioner Kenneth Hayne, the government has taken steps to extend the Banking Executive Accountability regime to include super funds and other APRA-regulated entities. Set to be known as the Financial ...

Government edges towards regulator cooperation

HARRISON WORLEY  |  TUESDAY, 7 JAN 2020
... regulators, opening a period of consultation on draft legislation implementing the recommendation of Royal Commissioner Kenneth Hayne that the regulators be bound by a statutory obligation to work together. The Financial Regulator Reform (No.2) Bill ...

ASIC takes action against TAL over RC case

HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... commenced proceedings against TAL Life in the Federal Court over one of the cases referred to it by Royal Commissioner Kenneth Hayne. The corporate regulator has filed a civil case against TAL, alleging the insurance giant breached the ASIC Act, Corporations ...