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Search ResultsShowing 1 - 10 of 100+ results for "Commissioner Kenneth Hayne"
FASEA boycott sparks in-fighting
ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
Suggestions from one financial advice association that advisers should boycott the FASEA exam has led to a call for associations to merge in order to better represent the industry. The United Financial Advisers Association (UFAA) has called on its 6000-strong ...
Life insurers prepare for grilling
HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... defending Federal Court proceedings brought against it by ASIC relating to a case referred to it by Royal Commissioner Kenneth Hayne - will round out the day.
ASIC turns up the heat on enforcement
HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... action, following ASIC's investigation. Seven of the cases referred to the corporate regulator by Commissioner Kenneth Hayne are still being looked into by the corporate regulator. "We will continue to put other cases of misconduct before the court ...
Where to from here?
JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... rules - changed for advisers. It's been 12 months since the financial services sector was hit with Commissioner Kenneth Hayne's final report. And while the big banks appeared to be early casualties, it's hard to refute that the financial advice industry ...
Frydenberg takes RC super advice
HARRISON WORLEY  |  FRIDAY, 31 JAN 2020
... charging 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 ...
Government opens BEAR extension consultation
HARRISON WORLEY  |  THURSDAY, 23 JAN 2020
More than a year after it was recommended by Commissioner Kenneth Hayne, the government has taken steps to extend the Banking Executive Accountability regime to include super funds and other APRA-regulated entities. Set to be known as the Financial ...
Government edges towards regulator cooperation
HARRISON WORLEY  |  TUESDAY, 7 JAN 2020
... regulators, opening a period of consultation on draft legislation implementing the recommendation of Royal Commissioner Kenneth Hayne that the regulators be bound by a statutory obligation to work together. The Financial Regulator Reform (No.2) Bill ...
ASIC takes action against TAL over RC case
HARRISON WORLEY  |  TUESDAY, 17 DEC 2019
... commenced proceedings against TAL Life in the Federal Court over one of the cases referred to it by Royal Commissioner Kenneth Hayne. The corporate regulator has filed a civil case against TAL, alleging the insurance giant breached the ASIC Act , Corporations ...
Cost savings, RC boost digital advice
JAMIE WILLIAMSON  |  MONDAY, 16 DEC 2019
... over the period, particularly during key milestones of the Royal Commission. In December 2017 when Commissioner Kenneth Hayne was appointed, the solution saw 1707 digital advice sessions. The following January following the initial public hearing, it ...
APRA floats insurance in super change
HARRISON WORLEY  |  MONDAY, 25 NOV 2019
... Insurance in Superannuation (SPS 250), responding directly to two of the recommendations of Royal Commissioner Kenneth Hayne. The proposals were outlined in a letter to industry stakeholders today, and include requiring super funds to independently certify ...
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