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Search ResultsShowing 31 - 40 of 50 results for "Hayne Royal Commission"
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 ...
APRA proposes new remuneration standard
KARREN VERGARA  |  TUESDAY, 23 JUL 2019
APRA is introducing a new remuneration prudential standard for its regulated entities on the back of the Hayne Royal Commission's final recommendations. Draft prudential standard CPS 511 Remuneration is open for consultation until October 22. Chief ...
HUB24 defends cash accounts
KARREN VERGARA  |  THURSDAY, 4 JUL 2019
... investments after the RBA lowered the official cash rate to 1%. "In the wake of the revelations in the Hayne Royal Commission about exorbitant fees being charged on financial services products it would appear untenable for members of super funds using ...
Dealer group transitions to fee-based model
KARREN VERGARA  |  TUESDAY, 25 JUN 2019
... named chief executive last year . The fee-for-service model will assist in mitigating the impact of the Hayne Royal Commission to remove grandfathered rebates by January 2021, Benbow said, adding the old revenue model was largely driven by grandfathered ...
Banks sluggish on Indigenous financial inclusion
KARREN VERGARA  |  WEDNESDAY, 29 MAY 2019
... easy-to-understand versions of customer information documents would also be beneficial. In July last year, the Hayne Royal Commission highlighted the plight of ATSI people accessing banking services. It also exposed the difficulties they face in understanding ...
Super gets an insider in ministry reshuffle
HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... Australia with much needed reform capability and sector stability," Loane said. "Recommendations from the Hayne Royal Commission show the sector requires strong leadership and a mandate for focused reform throughout the entire Parliamentary term. "The ...
Advice and accounting align post-Royal Commission: CountPlus
ELIZABETH MCARTHUR  |  TUESDAY, 14 MAY 2019
... with the professional norms of the accounting industry. Trust in financial advisers took a hit after the Hayne Royal Commission, with just 41.2% of Australians surveyed believing an adviser will likely act in their best interest. Meanwhile, 82.3% of ...
Industry super fund appoints new chair
KARREN VERGARA  |  FRIDAY, 10 MAY 2019
... just for the fund but for the superannuation sector generally, given the changes taking effect from the Hayne Royal Commission and other industry and government initiatives. "With its ethical and professional approach to serving members and employers ...
ESG enthusiasm booms post-Royal Commission
ELIZABETH MCARTHUR  |  MONDAY, 6 MAY 2019
... ensuring companies are acting responsibly to mitigate risk, after the publicity around issues such as the Hayne Royal Commission. In the Royal Commission the focus was on 'community standards' as much as the regulations," Cottier said. "In part, it is ...
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