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Showing 21 - 30 of 71 results for "Commission for"

New Zealand retirement system under review

HARRISON WORLEY  |  MONDAY, 22 JUL 2019
... determined to measure the impact of shifting labour forces and declining home ownership. Submissions are open for the Commission for Financial Capability's (CFFC) three-yearly review of New Zealand's retirement income policies, which is set to ...

Remembering Ron Grima

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2019
... listen with empathy and offer encouraging support." Penning an article in December 2018, Grima criticised the Royal Commission for placing too much focus on misconduct in the industry and failing to recognise the real value of advice. Linking the argument ...

Advice practice supply outweighs demand

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2019
The valuation gap between high-quality financial advice businesses and conventional practices is growing, with the sector quickly turning into a buyers' market. Latest insights from Radar Results show the valuation gap between high-quality practices ...

Freedom to divest all operations

KARREN VERGARA  |  MONDAY, 15 APR 2019
... accurate estimate of when the review will be completed." Freedom came under fire during the financial services Royal Commission for selling a life insurance policy to an intellectually disabled man.

Royal Commission and its one canoe message is on point

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... Hayne's "lovely" assertion that intermediaries cannot stand in more than one canoe is the key takeaway from the Royal Commission for SMSF advisers. "You can just imagine, one foot in one canoe and one foot in another," Cooper said. "What he [Hayne] means ...

Life risk commissions must also go: Hayne

KANIKA SOOD  |  MONDAY, 4 FEB 2019
... insurance products to zero unless there is a clear justification to keep them. On 1 January 2018, advisers' upfront commission for implementing a life insurance policy went down from 120% to 60% which was to be implemented over three years and clawback ...

SMSF returns not accurate in Productivity Commission report

KANIKA SOOD  |  MONDAY, 21 JAN 2019
... overstated SMSF costs across all fund sizes," Class said in a statement. "In particular, the expenses quoted by the Commission for SMSFs with less than $500,000 in net assets were close to double the true costs." Class says that instead of adjusting ...

Celebrities cop $1m crypto fine

JAMIE WILLIAMSON  |  MONDAY, 3 DEC 2018
... Mayweather and music producer DJ Khaled have become the first people to be charged by the US Securities and Exchange Commission for the unlawful promotion of initial coin offerings. Floyd Mayweather and DJ Khaled - real name Khaled Mohamed Khaled - have ...

Wealth an unnecessary failure: Thorburn

HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... like that but I think it has probably been like that." Thorburn's admission comes at the end of a difficult Royal Commission for the bank, which revealed it tried to find ways to retain plan service fees it charged to superannuation members, despite ...

Vamos joins embattled insurer

JAMIE WILLIAMSON  |  MONDAY, 12 NOV 2018
... director on the board of Freedom Insurance Group, the insurer that was admonished in the sixth round of the Royal Commission for deliberately selling insurance products to vulnerable customers. Following shareholder confirmation of her directorship later ...