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royal commission
Financial advice
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 advice
New analysis produced by research house Dexx&r has starkly revealed the dollar impact of removing grandfathering, with billions of dollars in superannuation funds under m...
Financial advice
The Financial Services Council has welcomed the release of the Royal Commission’s final report and acknowledges it’s time to get on with the task of strengthening Austral...
Insurance
One of the companies adversely reference in the Royal Commission, Freedom Insurance Group, has entered a trading halt on the Australian Securities Exchange pending an ann...
Financial advice
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...
Insurance
The Royal Commission has recommended additional scrutiny for related party engagements that provide group life insurance....
Superannuation
The Royal Commission’s final report has thrown completion of the sale of ANZ’s superannuation businesses into even more serious doubt....
Superannuation
Further question marks have arisen over AMP Limited’s ability to retain its corporate superannuation mandates in the face of some seriously adverse Royal Commission findi...
Financial advice
Industry superannuation funds have welcomed the Royal Commission’s final report, but financial planning groups are concerned about the outcome for their members....
Superannuation
The Australian Prudential Regulation Authority has been advised to conduct supervision of remuneration systems and review its current standards and guidance on the matter...
Superannuation
Commissioner Kenneth Hayne has recommended that the hawking of superannuation products be completely banned, with an exception for offers made under eligible employee sha...
Financial advice
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 ...
From my perspective, 40- 50% of people are likely going to be deeply unhappy about how long they actually live. ...
Super director remuneration ...
No doubt true, but most of it is still because over 45’s have been upgrading their houses with 30 year mortgages. Money ...