|Search Results||Showing 1 - 10 of 100+ results for "Commissioner Kenneth Hayne"|
|... Commission report that apply to advice. When it comes to life insurance advice, Ashenden explained Commissioner Kenneth Hayne's recommendation that ASIC is due to review life insurance advice in 2021 and the regulator should conduct that review. Hayne ...|
|The Financial Services Council echoed the advice of Commissioner Kenneth Hayne in its call for a "significant" simplification of the regulatory system for tax and financial advisers. In a submission to the independent review of the Tax Practitioner's ...|
|... implementation roadmap released today. Revealing how the government will tackle the 76 recommendations made by Commissioner Kenneth Hayne in his landmark report into misconduct in Australia's financial services system, Treasurer Josh Frydenberg said ...|
|... In recommendation 4.7, the application of unfair contract terms provisions to insurance contracts, Commissioner Kenneth Hayne said there was no reason to exempt insurance contracts from UCTs where it is appropriate for financial products and services ...|
|... decision-making is critical to addressing potential consumer harms, Press said. One sticking point for Commissioner Kenneth Hayne at the time was that s68A did not go far enough in preventing "treating" employers, and called for a civil penalty provision ...|
|... existing investments. However, ending the payment of such commissions was a key recommendation in Commissioner Kenneth Hayne's final report on the Royal Commission released in February which made 76 recommendations that the government agreed to implement. ...|
|... while investigations into wealth management increased 129%. In the Royal Commission's final report, commissioner Kenneth Hayne recommended when ASIC identifies misconduct, its starting point should be "why not litigate?" instead of the "negotiate" tack ...|
|... ASIC the lead conduct regulator in superannuation. The Government is committed to implementing all of Commissioner Kenneth Hayne's 76 recommendations and in some cases has gone the extra mile, she said. "This includes 15 recommendations and one additional ...|
|... competition, as only the largest institutions will be able to survive, it said. Under Recommendation 2.5, Commissioner Kenneth Hayne said ASIC should consider further reducing the cap on commissions for life risk insurance products - unless there is ...|
|... requirements of APRA's member outcomes regime. The firm noted the Government would also implement most of Commissioner Kenneth Hayne's recommendations from the Royal Commission, adding another layer of change to the sector. "While the industry would ...|
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interest First super reforms passed through the Senate yesterday.
Intrust Super has relaunched its robo-advice offering, increasing the solution's speed while decreasing the user input requirements.
Brett Himbury, the chief executive of the $148 billion industry-super-owned fund manager, is stepping down after a decade in the role in a surprise announcement made this morning.
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator.
|Brought to you by|
|Keep up to date, don't be the last to know! Get the Financial Standard Daily Newsletter.|