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Showing 291 - 300 of 1257 results for "Royal Commission"

Calls for aged care overhaul

ELIZA BAVIN  |  TUESDAY, 6 OCT 2020
... Australians in need of care and support is the start of the solution," Duckett said. "The horror stories from the Royal Commission into aged care and from the COVID-19 aged care crisis have to stop." Duckett called for an increase in spending and an ...

Super funds squander member money: Bragg

KARREN VERGARA  |  THURSDAY, 24 SEP 2020
... 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 ...

Financial services laws under review

JAMIE WILLIAMSON  |  TUESDAY, 15 SEP 2020
Following on from the Royal Commission, the Australian Law Reform Commission has been tasked with reviewing financial services laws with a view to simplify laws regulating the industry. As part of its response to the Royal Commission final report, the ...

Perks appoints new director

JAMIE WILLIAMSON  |  MONDAY, 14 SEP 2020
... sophisticated, tailored advice," he said. He said Perks Private Wealth has seen a strong demand for services following the Royal Commission as clients seek out advice from privately-owned firms. "The uncertainty and challenges of this year have also ...

ISPT writes down assets

JAMIE WILLIAMSON  |  THURSDAY, 10 SEP 2020
... today was selected by the Liberal Party and that requests by the Labor Party to have those funds that fronted the Royal Commission appear were ignored. He then accused the Liberal Party of using the committee to wage an ideological war against super ...

Super funds to face parliamentary grilling

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
... the groups will also include monitoring the sector's progress on implementing relevant recommendations from the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The news comes after the committee called ...

ASIC can use RC evidence in RI Advice case

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
RI Advice, an IOOF subsidiary, has failed in its attempt to stop ASIC using Royal Commission evidence in its ongoing case against the dealer group. ASIC's case against RI Advice and one of its former financial advisers, John Doyle, is currently playing ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... reset AMP's commercial terms was difficult but necessary given the recent changes to legislation following the Royal Commission resulting in significant economic changes and disruption across the industry. This includes the removal of grandfathered commissions ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... to 21 August 2020. The class action has come off the back of Count Financial's misconduct revealed in the Royal Commission and alleges it contravened obligations owed to clients when taking commissions from product issuers or clients. Piper Alderman ...

Banks to be questioned on COVID-19 response

ELIZA BAVIN  |  WEDNESDAY, 2 SEP 2020
... COVID-19, the hearings will examine the four major banks' progress in implementing the recommendations of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. "The committee will scrutinise the banks on ...