Search ResultsShowing 31 - 40 of 100+ results for "Royal Commission"
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 ...
Consultation opens on new ASIC powers
ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
... Crimes Act. This draft legislation is part of the Government's commitment to deliver on the findings of the Royal Commission. Treasurer Josh Frydenberg said in a statement: "The exposure draft legislation is further evidence of the government's commitment ...
Calls to give ASIC power to repair reputations
ELIZA BAVIN  |  WEDNESDAY, 11 SEP 2019
... the power to issue "no action letters" to those not under formal investigation for wrongdoing following the Royal Commission. Philip Crutchfield, QC, who previously acted for the corporate watchdog in its bank bill swap rate rigging case against Westpac ...
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 ...
Priced out: Advice affordability at risk
ELIZABETH MCARTHUR  |  MONDAY, 9 SEP 2019
... the availability, accessibility and affordability of high-quality financial advice. This was reinforced by the Royal Commission's which directed legislators to consider the impact any changes might have on the industry's ability to achieve this. ...
Financial incentive provokes misconduct: Research
ELIZABETH MCARTHUR  |  THURSDAY, 5 SEP 2019
... without proper customer authorisation allegedly just to charge fees and the stories to come out of the Banking Royal Commission in Australia. The authors said these examples all illustrate unethical pro-organisational behaviour. While some unethical ...
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 ...
YBR to remediate wealth clients
KARREN VERGARA  |  FRIDAY, 30 AUG 2019
... funds under management did not meet management's expectations. Ongoing negative sentiment surrounding the Royal Commission into the Banking, Superannuation and Financial Services Industry created significant uncertainty which had adversely affected ...
Business savvy needed ahead of FASEA deadline
ELIZABETH MCARTHUR  |  THURSDAY, 29 AUG 2019
... succession planning and the state of the industry. Reflecting on the last 12 months, Tynan told advisers: "We had a Royal Commission that was nothing about advice but you are dealing with the consequences." He was particularly critical of the Royal Commission's ...
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 ...
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