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Search ResultsShowing 1 - 10 of 45 results for "Hayne Royal Commission"
Dealer groups slam FPA policy
ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
... work that the entire advice sector has put in to overcome historic shortfalls brought to light by the Hayne Royal Commission and in light of the leading work that AFSLs bring to bear in areas of education, risk mitigation, compliance, consumer best interest ...
Chief economist update: Australia needs China more than it needs us
BENJAMIN ONG  |  FRIDAY, 22 MAY 2020
... inquiries into anything that trouble the country's economic, political and financial systems - the Hayne Royal Commission of late (which dealt with the shenanigans of banks, superannuation and financial services industry most recently) - have had ...
Life insurers prepare for grilling
HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... claims are made," Wilson said. "Given the widespread misconduct in the insurance sector identified by the Hayne Royal Commission, it is important that insurers and those in the industry are held accountable to ensure that they are making the crucial ...
New firm joins Count Financial network
ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
... of which about 400 are investment and/or insurance clients. "No one moves licensees for fun - but post Hayne Royal Commission, this was very much a decision about the future of our business and the broader financial planning industry," Peters said. "Count's ...
Super funds called out over liquidity
ELIZA BAVIN  |  MONDAY, 30 MAR 2020
... is dependent on the banks providing written updates on their progress with implementing measures of the Hayne Royal Commission to the committee for public release, as well as periodic updates on action they have taken in response to the COVID-19 pand ...
Life insurers breach own code consistently
ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... "Today's report suggests that despite all the rhetoric and promises to do better before and after the Hayne Royal Commission, many insurers have treated their own code as a paper tiger and this casts doubt on the industry's ability to rebuild public ...
Consultation on mortgage broker best interests duty opens
ALLY SELBY  |  THURSDAY, 20 FEB 2020
... consumers and to prioritise their clients when providing credit assistance. Following recommendations from the Hayne Royal Commission, the parliament introduced a best interests duty for mortgage brokers in February 2019. The duty seeks to align the ...
The growing risk to financial advisers
ALLY SELBY  |  THURSDAY, 23 JAN 2020
... educational requirements and compliance pressures, in addition to major trust issues on the back of the Hayne Royal Commission. "The industry is in a state of flux and for those of us who remain, the transition is not an easy one," Hutton said. "The ...
HESTA names chief risk officer
JAMIE WILLIAMSON  |  THURSDAY, 16 JAN 2020
... Blakey said. Blakey said the Royal Commission spurred the creation of the new role. "In the wake of the Hayne Royal Commission we have seen how critical a strong culture and trust are for financial institutions," she said. "The appointment of Andrew ...
ANZ overcharges 3.4 million customers
ALLY SELBY  |  THURSDAY, 19 DEC 2019
... million customers who have been overcharged as the bank swiftly makes good on recommendations from the Hayne Royal Commission. ANZ chief executive Shayne Elliot told shareholders at the bank's annual general meeting in Brisbane on Tuesday that the bank ...
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