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|Search Results||Showing 1 - 10 of 44 results for "Commissioner Hayne"|
|... to switch the clients out of MySuper." These breaches formed part of a Royal Commission case study, where Commissioner Hayne did not find any licensee breach on the evidence before Commission, Aon Australia said. The remediation was paid for by AHFA ...|
|ASIC is taking Commonwealth Bank and its wealth arm, Colonial First State, to task over $22 million in conflicted remuneration issues which it alleges ran up until June 30 last year. The corporate regulator has sued CBA, and the investment arm of its ...|
|... representatives providing general advice, directors, management and other AFSL employees. "The FPA notes that Commissioner Hayne identified cultural, behavioural and misconduct issues by other participants in the financial services industry such as product ...|
|... to the Royal Commission's final report into misconduct in the financial services industry, Bristow recalled Commissioner Hayne's opinion that adding more regulation was not the answer to the industry's woes. "This is also a point of regulation, specifically ...|
|... government could only abolish them by compensating planners on just terms," Ardino said. "The government and Commissioner Hayne have falsely argued that this 2011 advice no longer applies. Moreover, there is a real risk that adviser property rights may ...|
|... compelling viewing, it was just the beginning with the government now committed to implementing all 76 of Commissioner Hayne's recommendations, having released its roadmap for doing so. "There will be a train of legislation coming down the track that ...|
|... penalty. The latest announcement comes after the Morrison Government released its roadmap for implementing Commissioner Hayne's recommendations. "Mortgage brokers play an important role in promoting good consumer outcomes and competition in the home ...|
|While many have welcomed the government's roadmap for implementing Commissioner Hayne's recommendations, bodies representing the superannuation industry are leading criticisms against the timetable. The Australian Institute of Superannuation Trustees ...|
|... changes to be finalised in 2020. The regulator also said its examination of the 12 matters referred to it by Commissioner Hayne during the Royal Commission was "advanced", with discussion ongoing between APRA, ASIC and "other relevant agencies" to address ...|
|... already being felt by Australia's financial institutions, as shareholders and their boards move to act upon Commissioner Hayne's recommendations." Overall, across all industries and organisation types, chairs had a remuneration increase of 3% and director ...|
Schroders has hired from RBC to appoint a head of private debt for Australia, as it builds out a private assets offering for local investors.
The administrator appointed to embattled investment group iProsperity, Cor Cordis, has released a damning creditors' report which includes accusations of Ponzi scheme style payments.
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that.
National Australia Bank has reported a 7% fall in cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business.
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