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Search ResultsShowing 21 - 30 of 48 results for "Hayne Royal Commission"
CBA chief tasked with rebuilding banking
ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... stepping down from the role. Comyn aims to rebuild consumer trust in Australia's banking sector following the Hayne Royal Commission and various scandals that have tarnished the banking industry of late. "I look forward to working with ABA members to ...
Westpac chief believes in financial advice
ELIZA BAVIN  |  MONDAY, 11 NOV 2019
... Services Industry.' "Given the widespread misconduct across the financial services sector identified by the Hayne Royal Commission, it is important that financial institutions are held accountable and to ensure that they make the crucial improvements ...
Return to the mutual model: Expert
ELIZABETH MCARTHUR  |  THURSDAY, 3 OCT 2019
... companies are distributed to policyholders in the form of lower premiums or bonuses on policies." He said the Hayne Royal Commission highlighted the depth of reputational damage in the life insurance sector and industry more broadly. The revelations ...
Senate creates committee on fintech, regtech
KRISTI CHENG  |  THURSDAY, 12 SEP 2019
... sees the government looking towards technology as a solution to improve compliance in the wake of the Hayne Royal Commission. At a Q&A session at the Institute of Public Administration last month, Prime Minister Scott Morrison spoke about how regtech ...
AFCA ombudsman addresses adviser concerns
KRISTI CHENG  |  TUESDAY, 10 SEP 2019
... 12 months, to accept complaints about conduct dating back to 1 January 2008, the period examined by the Hayne Royal Commission. In cases where financial firms and its customers have not found a resolution, AFCA will start investigating legacy matters ...
Intra-fund advice must improve: Rice Warner
HARRISON WORLEY  |  WEDNESDAY, 4 SEP 2019
... matters are becoming more complex. With advisers leaving the planning sector after the fallout from the Hayne Royal Commission and legislative reformsand research showing demand for advice is on the rise, Rice Warner is predicting hikes in the cost of ...
Members shift to industry super funds
KARREN VERGARA  |  THURSDAY, 29 AUG 2019
... APRA figures paint a telling picture of a booming industry super fund sector nearly one year after the Hayne Royal Commission. Retail fund assets were flat at $625.7 billion in the year to June 2019. Industry funds on the other hand grew by 13.8% year ...
Government should intervene in BOLR changes: Opposition
JAMIE WILLIAMSON  |  FRIDAY, 23 AUG 2019
... expected of them by all the regulators". "Therefore, it is not correct to say it has anything to do with the Hayne Royal Commission," Mookhey said. In concluding, Mookhey said he plans to pursue the AMP issue further with parliament. In a statement to ...
AFA, FPA slam haste in ending grandfathered commissions
KRISTI CHENG  |  FRIDAY, 2 AUG 2019
... newer, better and more-affordable products are available on the market," he said. The final report of the Hayne Royal Commission recommended repealing the grandfathering provisions "as soon as is practicable". De Gori said the cost of the commission ...
AFCA looks to expand senior ranks
KRISTI CHENG  |  FRIDAY, 26 JUL 2019
... investigations over the last eight months as it received an outpouring of complaints in the aftermath of the Hayne Royal Commission; in its first six months of operations more than 35,000 consumers and small businesses raised issues with the authorit ...
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