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Showing 81 - 90 of 346 results for "Final Report"

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... are unable to afford it from their cashflow." The AFA also took issue with page 242 and 243 of the Royal Commission Final Report which stated that the commissioner found no issues with intra-fund advice and defined intra-fund advice as not personal advice. ...

Retirement review goes off the rails

HARRISON WORLEY  |  FRIDAY, 28 FEB 2020
... should we change in the super system?' rather than the big picture question of 'Is it worth having at all?'" The final report is due at the end of June.

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... NAB, Westpac, ANZ and AMP and their subsidiaries since January 2019, just prior to the release of the Commission's final report. Overall, the corporate regulator's enforcement investigations increased by 10% over the last year, with 316 investigations ...

Higher super contributions make Aussies feel safer

HARRISON WORLEY  |  TUESDAY, 25 FEB 2020
... guarantee lead to Australians feeling more secure about their retirement. While the superannuation sector awaits the final report of the retirement income review, new Investment Trends research suggests Australians feel safer when they contribute more ...

Where to from here?

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
On the anniversary of the Royal Commission's final report, AFA chief Phil Kewin reflects on the year that was and how the playbook - and rules - changed for advisers. It's been 12 months since the financial services sector was hit with Commissioner ...

Frydenberg takes RC super advice

HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... advice fees in MySuper products. On the eve of the one-year anniversary of the release of Commissioner Kenneth Hayne's final report, Treasurer Josh Frydengberg has released draft legislation implementing several of the report's recommendations, including ...

Ongoing fees, advice fees in super to be reformed

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... implementation roadmap," Treasurer Josh Frydenberg said. This comes ahead of the one year anniversary of Hayne's final report on February 5. The draft legislation for recommendation 2.1 will enhance the existing ongoing fee arrangement provisions in ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
... its experience ensures it is "better placed than most" to comment on the debate. Pointing to the Royal Commission's final report into misconduct in the financial services industry, Bristow recalled Commissioner Hayne's opinion that adding more regulation ...

Government opens BEAR extension consultation

HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
... consequences for those who fail to perform their roles with competence, honesty or integrity," Frydenberg said. In his final report, Hayne said there was no reason why directors and senior executives of superannuation funds - set to come under the scope ...

Government edges towards regulator cooperation

HARRISON WORLEY  |  TUESDAY, 7 JAN 2020
... another recommendation made by Hayne. Hayne's assessment of the financial services regulators in the Commission's final report was scathing, recommending the adjustment of their roles when it comes to the oversight of superannuation, and the establishment ...