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| | ... Retail funds will also grow, but at a slower rate reflecting the gradual remediation of issues raised by the Hayne Royal Commission. SMSFs will remain popular, but their growth is expected to be less strong for pre-retirement assets. Meanwhile, industry ... |
| | | ... their personal wealth, including superannuation, rejecting the idea of an aged care levy. On the back of the Royal Commission into Aged Care Quality and Safety, the taskforce was established last year to determine the best means of funding the aged care ... |
| | | ... business development managers (BDM) by Business Health looked at how these roles have evolved since the Hayne Royal Commission. Business ready IV found that the roles of PDMs and BDMs, while costly in terms of salaries, can add enormous value to a practice ... |
| | | ... advisers will end up as proxy salespeople driven by commissions - the type of behaviour exposed by the Hayne Royal Commission. Abood, however, doesn't see history repeating itself. "I think the super funds are also very well aware of the reputational ... |
| | | ... decline in the rate of prosecutions initiated from ASIC referrals, dropping from 75% in 2018 - the year of the Royal Commission - to 19% in the last financial year. Meanwhile, Bragg expressed growing concerns about APRA's effectiveness, particularly ... |
| | | ... AMP board as non-executive director on 15 June 2019 at the height of AMP's tumult in the wake of the Hayne Royal Commission. She took over as chair in August 2020. She replaced Catherine Brenner who left in the hope that investors could regain confidence ... |
| | | ... Chronican paid tribute to McEwan, who joined NAB in December 2019 with a mandate for change in the wake of the Royal Commission. "Ross has been exactly the chief executive we needed," Chronican said. "He reminded us of the value of getting the basics ... |
| | | ... close to 6000 financial advisers who are still not registered with ASIC. Under the Financial Sector Reform (Hayne Royal Commission Response - Better Advice) Act 2021, all relevant providers must be registered with ASIC to provide personal financial advice ... |
| | | ... there were as many as 20,667 advisers. The population peaked at nearly 30,000 at the end of 2018 as the Hayne Royal Commission was finalising its verdict. The Financial Advice Association Australia (FAAA) remains concerned with the stagnant number of ... |
| | | Just days before Christmas, an Insignia Financial shareholder class action borne out of the Royal Commission was dismissed, with the judge saying there was no evidence provided to prove the group breached disclosure requirements. The class action was ... |
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