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Showing 41 - 50 of 1256 results for "Royal Commission"

Pride Advice acquires two Adelaide-based firms

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
... tax-related guidance are now deductible. "The cost of financial advice has increased since the Financial Services Royal Commission handed down its findings five years ago, and the number of financial advisers has significantly decreased," Schatto said. ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
... compliance yet. Compounding the issue is the fact that salaries for risk roles have risen substantially since the Royal Commission. For example, Chisholm said, remuneration for a risk analyst has increased close to 70%; someone with between one- and ...

Super's board requirements are sound: SMC

ELIZA BAVIN  |  TUESDAY, 20 AUG 2024
... millions of fund members. And these types of funds have largely avoided the sorts of consumer harms the Banking Royal Commission uncovered at financial services companies with for-profit governance models." Schubert said the strength of the existing ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... additional licence conditions lifted, marking the end of all outstanding matters raised by the Financial Services Royal Commission. N.M. Super, which controls the AMP Super Fund and Wealth Personal Superannuation and Pension Fund, which collectively ...

How advisers can reap additional $2.1bn in revenue

KARREN VERGARA  |  THURSDAY, 25 JUL 2024
... Economics says. Despite the enormous regulatory and qualification upheavals advisers experienced since the Hayne Royal Commission, the study found that opportunities abound and there is cause for optimism as the industry reaches a tipping point. To be ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... and received $426 million in government funding. This marks a 22% increase over 10 years. Following the Hayne Royal Commission in 2019, the federal government injected an additional $400 million into ASIC to cover four years. It also expanded ASIC's ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
... splitting its functions between a companies regulator and a separate financial conduct regulator. "Following the Royal Commission, the Australian government increased ASIC's budget and further expanded ASIC's enforcement powers. ASIC's total ...

Former AMP advice lead sues The Australian

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... was published back in January this year, falsely implied he had misled the corporate watchdog during the Hayne Royal Commission into banking and financial services. According to the Statement of Claim - filed in the Federal Court and seen by Financial ...

Wealth firms 'still have PTSD from the Royal Commission': Deloitte

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
... Advisers Association (SIAA) that the Australian industry remains cautious due to the lingering effects from the Royal Commission. "Firms are very hesitant to think about what the future of advice will look like, particularly in a mass market environment," ...

Advisers urgently call on Treasury to recognise degrees

KARREN VERGARA  |  TUESDAY, 14 MAY 2024
... needed," she said. The adviser population peaked at nearly 30,000 at the end of 2018 in the throes of the Hayne Royal Commission. There were 15,602 active advisers at the end of April this year. While the advice sector may seem fragmented and unable ...