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ROYAL COMMISSION FINAL REPORT
Superannuation
AustralianSuper’s chief executive, Ian Silk, has suggested that the Banking Royal Commission didn’t cast a stern enough eye over parts of the superannuation industry, in ...
Financial planning
A senior dealer group chief executive has lambasted the Royal Commission’s call for a compensation scheme of last resort, arguing it is treating the symptoms not the caus...
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...
Financial planning
Platform provider HUB24 has pointed to some positives from the removal of grandfathered commissions....
Financial planning
The Federal Government has reinforced its intention to prohibit the deduction of advice fees from MySuper accounts at the same time as signalling more flexibility around ...
Superannuation
The Federal Government has succeeded in substantially passing legislation which will significantly curtail the ability of superannuation funds to use corporate hospitalit...
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 ...
Superannuation
A key parliamentary committee has questioned the future of ANZ’s sale of the OnePath pensions and investments business to IOOF....
Funds management
While the Royal Commission’s final report was touted to rock the financial services industry, the financial sector has defied expectations, according to FE Analytics. ...
Financial planning
Legislation to implement the recommendations of the Banking Royal Commission should be treated with diligence and rigor, according to Financial Services Council chief exe...
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
Mortgage Choice has declared there will be minimal impact on its planning business by any cessation of grandfathered commissions in 2021....
Superannuation
The Royal Commission’s final report has thrown completion of the sale of ANZ’s superannuation businesses into even more serious doubt....
Financial planning
Commissioner Kenneth Hayne has clearly identified that product manufacturers very often got much more than advisers from fees for no service while suggesting that serious...
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Podcast
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...