Search ResultsShowing 71 - 80 of 100+ results for "Kenneth Hayne"
Royal Commission sparks risk book sell-off
JAMIE WILLIAMSON  |  FRIDAY, 14 DEC 2018
... Financial planners with smaller risk insurance books are looking to offload them now, save waiting for Commissioner Kenneth Hayne's final report. According to Radar Results, there has been a jump in the number of planners looking to sell risk books ...
Industry dubious about one regulatory body: Survey
KARREN VERGARA  |  MONDAY, 10 DEC 2018
... bodies police the financial services sector, and both often blamed a lack of resources and funding. Commissioner Kenneth Hayne criticised APRA and ASIC in his September interim report , highlighting several instances of inefficiencies and failure to ...
Royal Commission: And that is a wrap
KANIKA SOOD  |  FRIDAY, 30 NOV 2018
... public were provided a glimpse into the tireless work of the financial services Royal Commission as Commissioner Kenneth Hayne and counsel assisting Rowena Orr made closing remarks this afternoon. The final day's hearings adjourned at 1.15pm and unlike ...
ANZ hid reasons for executive pay cuts
KANIKA SOOD  |  THURSDAY, 29 NOV 2018
... Rowena Orr said. Did the new pay structure change behaviour in ANZ's executives, both Orr and Commissioner Kenneth Hayne asked at separate points during the afternoon's hearing. Elliott said he wasn't sure because the question hasn't ...
Should banks fund customer litigation?
HARRISON WORLEY  |  TUESDAY, 27 NOV 2018
... issue became a focal point of discussion between the bank's chair and counsel assisting Rowena Orr and Commissioner Kenneth Hayne. On the subject of whether NAB should have negotiated with ASIC over the remediation of customers, Henry said NAB's board ...
Vertical integration not to blame
HARRISON WORLEY  |  MONDAY, 26 NOV 2018
... not the reason for the industry misconduct exposed in the Royal Commission. In their responses to Commissioner Kenneth Hayne's interim report, Australia's big four banks - as well as AMP and Macquarie - went as far as to say Hayne should avoid recommending ...
Royal Commission: ASIC rethinks negotiation tactics
KARREN VERGARA  |  FRIDAY, 23 NOV 2018
... agreed, but pointed out dialogue between board members and executives intended to be "free-flowing." Commissioner Kenneth Hayne pushed for a note-taker to be present at these meetings. "The preservation of corporate memory of contacts of this kind is ...
Labor responds to Royal Commission, sheds light on victims of misconduct
HARRISON WORLEY  |  TUESDAY, 13 NOV 2018
The Labor Party submitted a response to Commissioner Kenneth Hayne's interim report, documenting feedback to the Royal Commission through victims of bank misconduct, including claims banks go out of their way to avoid compensation settlements. In ...
Macquarie to front Royal Commission
JAMIE WILLIAMSON  |  MONDAY, 5 NOV 2018
... Commission for the first time when the inquiry reconvenes for its final round of public hearings. Commissioner Kenneth Hayne released the list of entities called to give evidence in the seventh round of hearings, and Macquarie Group is a notable addition ...
Banks vow to end grandfathered commissions
KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
... grandfathering provisions in relation to financial advice," Bligh said delivering ABA's response to Commissioner Kenneth Hayne's interim report. "This is another important piece in the puzzle of ensuring there are no conflicts for advisers," she said. ...
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