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KENNETH HAYNE

Financial planning

CBA has expressed its total support for the Banking Royal Commission’s final recommendations and signalled how it is already acting on many of them as it seeks to rebuild...

Superannuation

For all the fuss about scale in the super industry, new data has shown that members in some of the top funds’ MySuper options saw limited differences in returns regardles...

Superannuation

The Federal Government has controversially amended legislation before the Parliament to target the use of corporate boxes by industry funds to influence employer default ...

SMSF

The Royal Commission has laid groundwork to improve the financial services sector and build a more trusted industry, according to the SMSF Association....

Financial planning

Kenneth Hayne’s emphasis on culture signals clearly that responsibility for misconduct lies with the senior management and boards of the entities involved, an executive a...

Financial planning

The Federal Government has committed to a timetable to ending grandfathering and to entertaining life/risk commissions being further reduced....

Financial planning

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 ...

Policy & Regulation

The Federal Treasurer, Josh Frydenberg has sent a clear signal to the financial services regulators that he supports the view that they don’t need more powers and should ...

Financial planning

Royal Commissioner, Kenneth Hayne has questioned whether individual licensing might be a means of ‘rolling bad apple’ advisers moving between licensees....

Policy & Regulation

AMP Limited is listed to face another round of Royal Commission questioning as the process enters its final week....

Policy & Regulation

ASIC chair, James Shipton, has come under fire from the Royal Commission, which seemed dissatisfied with how the regulator intended to prove its performance improves goin...

Policy & Regulation

The frequent contact between ASIC commissioners and the chief executives and boards of the institutions they regulate is purely professional, ASIC’s chair has told the Ro...

Financial planning

After Royal Commission testimony revealing banks charged deceased clients fees, the Australian Banking Association has announced reforms to the Banking Code of Practice t...

Editorial

The Royal Commission’s preliminary report may be flawed when it comes to understanding the nuances of the industry but it should be accepted as an accurate reflection of ...

Policy & Regulation

Financial services licensees rather than individual planners are facing the most change likely to result from the preliminary findings of the Royal Commission into Miscon...

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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 weeks 1 day ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 weeks 1 day ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

2 weeks 2 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

4 weeks 1 day ago

WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

2 weeks 6 days ago