Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 123 results for "Hayne Royal Commission"

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
... fulfill the commitments I made to you prior to the election," he said. Jones said the learnings of the Hayne Royal Commission cannot be forgotten but added that if regulations are in place, it's important to understand the reasons behind them and if ...

Trust in financial services jumps: CFA

ANDREW MCKEAN  |  WEDNESDAY, 18 MAY 2022
... significantly since 2020 when just one in four investors trusted the financial services industry, with the Hayne Royal Commission eroding confidence in the asset management industry given the significant amount of negative news coverage at the time." ...

FSCP panel members named

CHLOE WALKER  |  TUESDAY, 15 FEB 2022
... have been appointed by Treasury as the new disciplinary regime kicks off. The Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021 established the FSCP within ASIC as the single disciplinary body for financial advisers from ...

Economics Committee to examine rainy day funds

CHLOE WALKER  |  TUESDAY, 8 FEB 2022
... Superannuation Industry (Supervision) Act 1996 were made as part of the government's response to the Hayne Royal Commission to protect the funds of members by preventing trustees from using these funds to pay for fines incurred by their own actions," ...

RI Advice slapped with $6m penalty

KARREN VERGARA  |  FRIDAY, 4 FEB 2022
... affiliated with RI Advice between May 2013 and June 2016. Doyle and RI Advice were closely examined at the Hayne Royal Commission as a case study in "bad advice".

FSC names acting chief executive

KARREN VERGARA  |  THURSDAY, 16 DEC 2021
... Passport, two Life Insurance Codes and the Stewardship Code for fund managers. Loane was grilled at the Hayne Royal Commission where she struggled to answer basic questions about the dodgy sales practices of life insurers.

Labor pledges calm in superannuation

KARREN VERGARA  |  WEDNESDAY, 15 DEC 2021
... Highlighting the conflicts on interests that exist in vertically integrated organisations as exposed by the Hayne Royal Commission, Jones said it would be naive to think that this only exists with advisers attached to retail funds. Hume agreed, saying ...

De Ferrari returns to Credit Suisse

KARREN VERGARA  |  TUESDAY, 14 DEC 2021
... Suisse veteran took the reins at AMP on 1 December 2018 as the firm grappled with the fallout from the Hayne Royal Commission. De Ferrari was hired on a rolling contract with either party being able to terminate on six months' notice. Alexis George ...

AMP advances demerger

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... internationally." The group has grappled with several cultural, performance and operational challenges since the Hayne Royal Commission. It recently entered into an enforceable undertaking with APRA for misconduct over its superannuation businesses and ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... commitments," she said. AMP said that at the end of the CEU, it expects all matters referred to APRA by the Hayne Royal Commission to be concluded. APRA member Margaret Cole said: "AMP is one of the wealth industry's largest and best resourced companies ...