final report

Financial planning

National Australia Bank may have confirmed the exit of its chief executive and chairman but it has acknowledged it still does not know how much client remediation will co...

Financial planning

AMP punishes past executives, defends vertical integration

AMP Limited has defended its vertically integrated structure in the face of Royal Commission criticism while confirming it has punished past executives with forfeiture of...

Policy & Regulation

APRA to keep closer eye on remuneration

The Australian Prudential Regulation Authority has been advised to conduct supervision of remuneration systems and review its current standards and guidance on the matter...

Financial planning

Hayne calls for end of advice fee deductions

The Royal Commission has recommended the deduction of any advice fee other than intra-fund advice from a MySuper account be prohibited, while their deduction from choice ...