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Showing 291 - 300 of 388 results for "Hayne"

Vertical integration not to blame

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... was not the reason for the industry misconduct exposed in the Royal Commission. In their responses to Commissioner Kenneth Hayne's interim report, Australia's big four banks - as well as AMP and Macquarie - went as far as to say Hayne should avoid recommending ...

Royal Commission: ASIC rethinks negotiation tactics

KARREN VERGARA  |  FRIDAY, 23 NOV 2018
... agreed, but pointed out dialogue between board members and executives intended to be "free-flowing." Commissioner Kenneth Hayne pushed for a note-taker to be present at these meetings. "The preservation of corporate memory of contacts of this kind is ...

Misconduct matters, but stability key for Frydenberg

HARRISON WORLEY  |  FRIDAY, 23 NOV 2018
Treasurer Josh Frydenberg said eliminating misconduct was important, but the Government has other considerations to bear when implementing the Royal Commission's final recommendations. Speaking at the Australian Finance Industry Association conference ...

Lonsec appoints marketing director

HARRISON WORLEY  |  FRIDAY, 16 NOV 2018
Lonsec appointed a former Clime Asset Management executive to lead its marketing efforts. Rob Hardy links with Lonsec as the firm's new executive director of sales and marketing - a new role, which is set to see Hardy also assume responsibility for ...

Labor responds to Royal Commission, sheds light on victims of misconduct

HARRISON WORLEY  |  TUESDAY, 13 NOV 2018
The Labor Party submitted a response to Commissioner Kenneth Hayne's interim report, documenting feedback to the Royal Commission through victims of bank misconduct, including claims banks go out of their way to avoid compensation settlements. In ...

Macquarie to front Royal Commission

JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... Royal Commission for the first time when the inquiry reconvenes for its final round of public hearings. Commissioner Kenneth Hayne released the list of entities called to give evidence in the seventh round of hearings, and Macquarie Group is a notable ...

Afterpay faces senate inquiry

KARREN VERGARA  |  FRIDAY, 19 OCT 2018
... spotlight on "debt vultures" and companies that operate on a "buy now, pay later" model. The motion comes off the back of the Hayne Royal Commission that excluded other financial services providers from its terms of reference, she said. "Labor wants ...

Royal Commission an opportunity: Anderson

JAMIE WILLIAMSON  |  THURSDAY, 11 OCT 2018
... professionalism Phil Anderson said it would be a big mistake if the advice industry were to ignore the findings of Commissioner Hayne's interim report. "There's no question that we've seen bad practices. The interim report seems to emphasise this is ...

Banks vow to end grandfathered commissions

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
... grandfathering provisions in relation to financial advice," Bligh said delivering ABA's response to Commissioner Kenneth Hayne's interim report. "This is another important piece in the puzzle of ensuring there are no conflicts for advisers," she said. ...

Banks to answer for Hayne report

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... Australia's big four banks will head to Canberra to face questioning over the findings published in Commissioner Kenneth Hayne's interim report. The House of Representatives Standing Committee on Economics will commence its next round of public hearings ...