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Showing 41 - 50 of 124 results for "Commissioner Kenneth Hayne"

Indigenous super access needs improvement

KARREN VERGARA  |  TUESDAY, 19 MAR 2019
... and if the work on improving identification procedures is filtering down to frontline staff. Citing Commissioner Kenneth Hayne, Scheerlinck said ATSI people encounter needless difficulties in identification and binding death nominations, and there is ...

Zero tolerance approach to poor culture needed

KARREN VERGARA  |  MONDAY, 18 MAR 2019
The newly appointed lead of APRA's capability review is taking a no-nonsense approach to fixing poor behaviour and getting culture right. Monash Business School professor Graeme Samuel, who appeared at the 2019 Conference of Major Super Funds (CMSF) ...

NFP super funds rise to occasion post-Royal Commission

KARREN VERGARA  |  THURSDAY, 14 MAR 2019
... expectations, were not referred to the regulator for further investigation. Scheerlinck said this move by Commissioner Kenneth Hayne shouldn't be dismissed as it ultimately shone a light on areas for improvement. "All of us need to be aware the practices ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... borrower, not the lender, should pay the mortgage broker a fee for acting in connection with home lending," Commissioner Kenneth Hayne recommended. "Changes in brokers' remuneration should be made over a period of two or three years, by first prohibiting ...

Consultation opens for claim handling changes

HARRISON WORLEY  |  MONDAY, 4 MAR 2019
... removing the exclusion and therefore the Government has opened consultation. A recommendation from Commissioner Kenneth Hayne in the Royal Commission's final report earlier this year, the change would allow ASIC to enforce a higher standard of behaviour ...

YBR in trading halt, flags loss

KARREN VERGARA  |  MONDAY, 4 MAR 2019
... mortgage brokers and other commissions for new loans. This should be enacted within two or three years, Commissioner Kenneth Hayne said. "The borrower, not the lender, should pay the mortgage broker a fee for acting in connection with home lending." ...

New ASX governance principles target culture

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
The ASX and its new corporate governance principles unveiled overnight are taking a leaf out of Commissioner Kenneth Hayne's final recommendations. The fourth iteration of the ASX Corporate Governance Council's principles and recommendations ...

IFM Investors adds policy director

KARREN VERGARA  |  THURSDAY, 28 FEB 2019
... that stapling members to one default account doesn't necessarily sound like a good idea. Commenting on Commissioner Kenneth Hayne's recommendation in the banking Royal Commission final report, Dean said stapling may potentially encourage errant behaviour ...

Grandfathered commissions ban splits industry: Poll

KARREN VERGARA  |  MONDAY, 25 FEB 2019
... from the financial services Royal Commission will have either a material or severe impact on revenue. Commissioner Kenneth Hayne said in his final report said that there is no justification for grandfathering provisions in an industry that is trying ...

Royal Commission and its one canoe message is on point

HARRISON WORLEY  |  MONDAY, 25 FEB 2019
... final day of the Self-managed Super Fund Association's national conference in Melbourne, Cooper said Commissioner Kenneth Hayne's "lovely" assertion that intermediaries cannot stand in more than one canoe is the key takeaway from the Royal Commission ...