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Search ResultsShowing 21 - 30 of 100+ results for "Royal Commission"
FPA calls for levy overhaul
ANNABELLE DICKSON  |  WEDNESDAY, 3 FEB 2021
... anyone who can influence the advice process in its submissions to ASIC for Consultation Paper 333 Implementing the Royal Commission recommendations: Reference checking and information sharing .
Your Future, Your Super on APRA to-do list
ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
... Additionally, APRA will continue to finalise and implement a revised standard on remuneration, which was a key Royal Commission recommendation that remains outstanding. APRA said it will also work to strengthen crisis preparedness, including the development ...
Reference checks should cover all advice: FPA
KARREN VERGARA  |  MONDAY, 1 FEB 2021
... Financial Planning Association of Australia. In its submission to ASIC for Consultation Paper 333 Implementing the Royal Commission recommendations: Reference checking and information sharing, the FPA is calling for the proposed laws to extend to directors ...
APRA delays insurance in super guidance
ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
... on 3 February 2020, broadly supported the proposed amendments, which largely reflected recommendations of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry and the findings of APRA's post-implementation ...
Platforms start to shake ERS impact
KANIKA SOOD  |  FRIDAY, 15 JAN 2021
... quarter of inflows ex-ERS for the industry suggesting confidence is returning post the disruption caused by the Royal Commission. The Dec 2020 ERS data includes a significant drop in outflows (to A$0.5bn) which should see platform flows inflect positive ...
FASEA urges advisers to maximise exam sittings
ELIZABETH MCARTHUR  |  MONDAY, 11 JAN 2021
... being shut down and its functions transferred to other regulatory agencies as the government seeks to act on the Royal Commission's recommendation that the advice sector be regulated by a single authority. Advisers will still have to meet the FASEA education ...
Class action launched against OnePath
ELIZA BAVIN  |  TUESDAY, 5 JAN 2021
... 2020, this makes the fifth class action launched by the law firm in response to the revelations arising from the Royal Commission. The class action alleges that OnePath Custodians breached its duties as trustee of various superannuation funds by charging ...
Almost 3000 advisers gone in 2020
ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... 123 and 51, respectively. Demonstrating the exodus of the big banks from wealth management in the wake of the Royal Commission, National Australia Bank lost 245 advisers; ANZ Group lost 162 and Commonwealth Financial Planning lost 125. Merit Wealth was ...
FS team picks: The top stories for 2020
ELIZABETH MCARTHUR, KANIKA SOOD  |  THURSDAY, 17 DEC 2020
... those suffering as a result of the pandemic to access their super early . And, as the dust settled following the Royal Commission and Hayne's recommendations moved towards becoming law the industry still had its share of issues. ASIC chair James ...
Reporting rules for charities relaxed
KANIKA SOOD  |  WEDNESDAY, 16 DEC 2020
... create an estimated regulatory burden of $13.3 million a year for the charitable fundraising sector. The recent Royal Commission into National Natural Disaster Arrangements highlighted the crucial role charities play in disaster recovery efforts but ...