Banking Royal Commission

Financial planning

Don’t make planners pay for super complaints, says AFA

The Association of Financial Advisers has warned of a likely upsurge in super complaints out of the Royal Commission and the possibility that the financial planning indus...

Editorial

Clinging to commissions has cost the industry dear

The Royal Commission has revealed the degree to which key industry players have sought to cling to pre-Future of Financial Advice remuneration structures and how such str...

Expert Analysis

Past Failings Need Not Preclude a Bright Future

Bernie Ripoll writes that the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry may represent a once-in-a-lifetime opportuni...

Features

What will financial services look like after the Royal Commission?

Mike Taylor writes that one of the few certainties flowing from the current Royal Commission is that the Australian financial services industry is facing further signific...

Outsider

Tutoring as opposed to putting words in mouths

On the subject of the Royal Commission, Outsider has some sympathy for Commissioner, Kenneth Hayne, who has had to endure listening to some fairly impenetrable testimony ...

Financial planning

FSU calls for closer look at “rotten core” of banking industry

The Financial Services Union has called on the Royal Commission to look more closely at NAB’s remuneration structures, saying it should look more closely at the “heart of...

Policy & Regulation

Govt boosts ASIC’s powers with $70 million funding

The Government has injected ASIC with a further $70.1 million to give the corporate regulator the resources it requires following the Royal Commission....

Financial planning

Adviser commissions still in RC gunsights

The payment of grandfathered commissions to financial planners is still very much in the gunsights of the Royal Commission into Misconduct in the Banking, Superannuation ...

Superannuation

Industry funds face RC grilling

The intricate structures flowing from Industry Fund Services and encompassing Industry Super Australia will be examined by the Royal Commission, including whether some ad...

Financial planning

NAB/MLC retained grandfathering to retain planners

NAB/MLC sought to retain grandfathered payments within a superannuation successor fund transfer for fear of losing financial planners and their clients....

Superannuation

RC to examine ‘fox in the henhouse’

The Royal Commission will examine the status of the industry funds ‘fox in the henhouse’ advertising campaign....

Financial planning

Banks, planners face further RC grilling

A letter from the Royal Commission to some superannuation funds suggests that the commercial and remuneration relationships between banks, corporate super funds and finan...

Financial planning

Three AMP directors resign

Three AMP Limited directors have opted to resign ahead of the company annual general meeting....

Editorial

Professionalism and excellence brings its own reward

For a financial services industry suffering the harsh glare of a Royal Commission, the future resides in pursuing professionalism and excellence....

Expert Analysis

Industry veteran forecasts irrevocable change

Months before the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry got underway, former AMP executive and financial service...