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Showing 21 - 30 of 59 results for "Senior Counsel Assisting"

Royal Commission revisits fees for no service

KARREN VERGARA  |  MONDAY, 6 AUG 2018
... public hearings. In the Royal Commission's fifth round, which kicked off in Melbourne this morning, Senior Counsel Assisting Michael Hodge said AMP, CBA, IOOF, ANZ and StatePlus Super have admitted to engaging in miscount or possible misconduct with ...

Super under microscope at Royal Commission

DARREN SNYDER  |  MONDAY, 23 JUL 2018
... indigenous issues; and regulator effectiveness. At the most recent Royal Commission public hearings, Senior Counsel Assisting Rowena Orr said the fifth round will focus on the broader superannuation industry; the difficulties indigenous people face when ...

Super funds countdown to Royal Commission

KARREN VERGARA  |  MONDAY, 9 JUL 2018
... and Torres Strait Islander people and financial services providers, wrapped up in Darwin last Friday. Senior Counsel Assisting Rowena Orr said in her closing remarks that the next round will focus on the broader superannuation industry, but will delve ...

Royal Commission cracks down on life insurance phone sales

KARREN VERGARA  |  THURSDAY, 5 JUL 2018
... eventually decided to cancel the policy, she said Let's Insure was relentless with the phone calls. Senior Counsel Assisting Rowena Orr asked: "And in your statement you say that sometimes they called you day after day and sometimes once a week?" ...

Vertical integration needs overhaul: Poll

KANIKA SOOD  |  MONDAY, 14 MAY 2018
... strongly, came in a close second (32%). Flaws in vertically integrated models were a key takeaway as Senior Counsel Assisting Rowena Orr wrapped up the Royal Commission's grilling of advice industry giants on April 30. Orr argued that planners working ...

Royal Commission sees increased ASIC, APRA funding

ALEX BURKE  |  TUESDAY, 8 MAY 2018
... supportive of it, especially for financial planning." ASIC was recently asked about its resourcing by Senior Counsel Assisting Rowena Orr during the Royal Commission. The regulator's senior executive leader - financial advisers, Louise Macaulay, was ...

ANZ culls sales incentives for planners

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... also placing higher expectations on the qualifications of its advice professionals after last month, senior counsel assisting Rowena Orr revealed that only 35% of all financial advisers have completed a bachelor degree or above. Financial planners looking ...

Uncertainty abounds future of advice regulation

JAMIE WILLIAMSON  |  TUESDAY, 1 MAY 2018
... and penalising misconduct. In closing the Royal Commission's inquiry into financial advice on Friday, Senior Counsel Assisting Rowena Orr said the testimonies provided by the Financial Planning Association of Australia, the Association of Financial Advisers ...

RC suggests separating platforms and advice licensees

ALEX BURKE  |  MONDAY, 30 APR 2018
One of the key points made by Senior Counsel Assisting Rowena Orr at the end of the financial advice Royal Commission was that vertical integration of advice licensees and platform providers carries systemic risk. Orr said that licensees using approved ...

ROYAL COMMISSION: Our top stories

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... its practice of heavily negotiating enforceable undertaking outcomes with financial advice licensees. Senior Counsel Assisting Rowena Orr asked ASIC senior executive leader - financial advisers, Louise Macaulay, why ASIC did this instead of "exercising ...