Royal Commission
Hayne plants landmines for super industry
New restrictions on default accounts, trustee conflicts and hawking will make an impact on the sector.
Andrew MainFebruary 7, 2019
Royal Commission
Royal Commission
Royal commission cooks up a regulatory failure
Kenneth Hayne did plenty to take ASIC and APRA to task but when it came time to explain how to fix them, he appeared to lose his nerve.
Patrick McConnellFebruary 6, 2019
Royal Commission
Hayne ignites adviser discipline bonfire
Hayne’s recommendation for a new, separate disciplinary body for advisers could mean vast new powers over advisers says Deloitte.
Tahn SharpeFebruary 6, 2019
Royal Commission
Super funds to face tough new accountability regime
An Australian version of the UK’s BEAR scheme – as commissioner Kenneth Hayne has recommended – would put executives on notice.
Elizabeth FryFebruary 5, 2019
Royal Commission
Trustees urged to reduce conflicts, lift game
Trustees will be forced to lift their game and their roles will be restricted to avoid conflict under Hayne's recommendations.
Elizabeth FryFebruary 4, 2019
Royal Commission
Government to ‘take action’ on all 76 Hayne recommendations
Treasurer Josh Frydenberg admits time is tight for legislative change, but wants new super fund members to have one fund for life.
Alice UribeFebruary 4, 2019
Royal Commission
Super funds bosses to get BEAR treatment
Hayne said fund trustees and insurers should be accountable in the same way banks bosses are under BEAR.
Alice UribeFebruary 4, 2019
Royal Commission
Hayne backs ‘one default account’ for new members
A single “default” super account should be mandated for Aussie workers according to Commissioner Kenneth Hayne.
Elizabeth FryFebruary 4, 2019
Royal Commission
Hayne orders about-face on OSAs
The ongoing service agreements that underpin most advice remuneration models are set to change dramatically .
Tahn SharpeFebruary 4, 2019
Royal Commission
‘This cannot continue’: Hayne dresses down advice
Commissioner Kenneth Hayne has stopped short of recommending advice be pulled from the country’s largest financial institutions.
Matthew SmithFebruary 4, 2019
