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Showing 301 - 310 of 388 results for "Hayne"

RC interim report is fair: Spot poll

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... affecting those living in remote and regional communities. Most (46%) of Financial Standard's readers agreed Commissioner Hayne was fair and realistic in underpinning the first four rounds into one driving factor: greed. What the inquiry unearthed ...

Labor Government on the cards: Spot poll

KARREN VERGARA  |  THURSDAY, 4 OCT 2018
There is a good chance that the Labor Party will win the next election, Financial Standard's readership says. We recently asked our readers which of the following events will likely eventuate in the next 12 months: a global trade war; China going into ...

Royal Commission interim report flawed

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
Commissioner Kenneth Hayne's interim report lacks understanding of financial advice and appears to have ignored submissions on the issues raised throughout the Royal Commission. That is the view of the Association of Financial Advisers which, in ...

EQT appoints asset management leaders

HARRISON WORLEY  |  TUESDAY, 2 OCT 2018
Equity Trustees appointed new leaders to its in-house asset management function. Northward Capital founder and former IAG Asset Management co-head of equities Darren Thompson will become the firm's head of asset management, with former Invesco head ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... major players in financial services. While making no recommendations, in discussing the conduct of AMP Commissioner Kenneth Hayne referenced the infamous Clayton Utz report, writing: "Conduct of that kind, if established, might be misconduct. I consider ...

A day of shame for Aussie banks: Bligh

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... financial services marked a "day of shame" for Australia's banks. Holding a press conference after Commissioner Kenneth Hayne handed down his interim report, Bligh said Australia's banks accept full responsibility for their failures, labeling ...

FSU, FSC respond to interim report

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... and conduct of Australia's financial institutions has fallen below the expectations and standards of the community. Hayne was right to say greed is the motive behind the sector's many excesses. "We know how that greed was allowed to spiral out ...

Regulatory inadequacy to blame: Hayne

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... enabled poor conduct to continue and exacerbate, according to the Royal Commission. In his interim report, Commissioner Hayne has said scandals dating back to the GFC can shed light on the conflicts and culture in the financial advice industry today. ...

Interim report dotted with questions

KANIKA SOOD  |  FRIDAY, 28 SEP 2018
What is to gain from passing new law? That's one of many questions that dotted Commissioner Kenneth Hayne executive summary for the Banking Royal Commission's final report. Hayne boiled down his 643-word summary to two questions: Why did it ...

Advice industry in hot water

JAMIE WILLIAMSON  |  FRIDAY, 28 SEP 2018
... greed were the key themes that underscored the Royal Commission's hearing into financial advice, Commissioner Kenneth Hayne has said. Releasing his interim report today, Hayne has said of the misconduct within Australia's major financial institutions ...