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Showing 1 - 10 of 27 results for "Ripoll Inquiry"

Adviser overwhelm explained

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... inquiries and further reforms," he said. Anderson traced the beginnings of this avalanche of regulatory change to the Ripoll inquiry into financial products and services in 2009. This inquiry was designed to investigate Storm and other cases where there ...

Vertical integration good for consumers, competition: instos

LAURA MILLAN  |  MONDAY, 1 SEP 2014
... "indeed advice from 'independents' has proved to be the most damaging to consumers and was the driver of the original Ripoll Inquiry." "Vertically integrated companies with significant capital strength have the resources and brand strength to provide ...

Annual fee collation too complex: FPA to PJC

MELANIE TIMBRELL  |  TUESDAY, 24 JAN 2012
... I'm not sure we've got a problem that needs to be solved," said Rantall. "It wasn't identified by the original Ripoll Inquiry as an issue." Ripoll expressed concern that consumer protection is being negatively impacted by the current system where disclosure ...

Industry panel turns up FOFA heat

RACHEL DAVIS  |  MONDAY, 24 OCT 2011
... his belief that the future of financial advice reforms (FOFA) are true to the 11 recommendations produced by the Ripoll inquiry. "We couldn't wait any longer for reform," Ripoll told the audience. "Where we have landed with these reforms is the right ...

FPA calls for naming rights

ALISON BEVEGE  |  THURSDAY, 14 APR 2011
... flagged the issue early on, asking for the term "financial adviser" to be legally defined in a submission to the Ripoll inquiry, and had argued it with Treasury and Government ever since. "From a consumer point of view it's around trust in what advisers ...

Rowe takes FPA chair

ELISE BURGESS  |  FRIDAY, 26 NOV 2010
... Committees and a member of the Board Remuneration and Succession Planning Committee. He has also chaired the FPA Ripoll Inquiry Committee and Professional Conduct Committees. Chair for three years, Julie Berry, announced in September she would step d ...

Industry could face another inquiry

RUTH LIEW  |  TUESDAY, 26 OCT 2010
... Superannuation Trustees. "The industry is still working its way through the recommendations of the Cooper Review, the Ripoll Inquiry and various other inquiries, most of which are squarely aimed at lowering fees and delivering a better deal for fund ...

Top CEOs back statutory fiduciary duty for advisers

MICHELLE BALTAZAR  |  MONDAY, 9 AUG 2010
The country's top executives in financial services said that the Ripoll Inquiry recommendation to impose statutory fiduciary duty for financial advisers is the best way to improve the quality of advice, a survey shows. The Financial Services Council/PricewaterhouseCoopers ...

AFAC and APESB launch fresh debate on fiduciary duty

MICHELLE BALTAZAR, MEDIA RELEASES  |  MONDAY, 19 JUL 2010
... (FoFA) reforms proposed a July 2012 deadline. "In the main, we think the way that the government's been through the Ripoll Inquiry and FoFA have been very sound and robust. Therefore, we're keen that the content of any proposals coming through other ...

Industry prepares for new advice era

MICHELLE BALTAZAR AND RUTH LIEW  |  TUESDAY, 27 APR 2010
... Chris Bowen, unveiled this week radical proposals to reform the planning industry following the findings of the Ripoll Inquiry on the collapse of failed property group Westpoint and financial planning firm Storm Financial. Central to the reforms is the ...
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