Royal Commission

Policy & Regulation

The Government may have sought to use Parliamentary committee scrutiny of the big banks to avoid holding a Royal Commission but now that same committee intends to test th...

Financial planning

SMSFs could be drawn into Royal Commission

The SMSF Association chairman, Andrew Gale has warned that large superannuation funds may try to draw self managed superannuation funds into the scope of the Royal Commis...

Policy & Regulation

FSU welcomes Hayne’s Royal Commission gag ban

The Finance Sector Union has welcomed Kenneth Hayne’s declaration that non-disclosure and employment agreements will not gag employees before the Royal Commission, saying...

Policy & Regulation

Call to let bank employees talk to Royal Commission

The Finance Sector Union has called on banks to allow their employees to communicate with the Royal Commission....

Policy & Regulation

O’Dwyer attacks ‘siphoning’ of super

Amid industry superannuation funds having received letters from the Royal Commission, the Minister for Revenue and Financial Services, Kelly O’Dwyer has attacked the ‘sip...

Policy & Regulation

Royal Commission hearings to kick-off in February

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry will kick off its public hearings on Monday, 12 February....

Policy & Regulation

Life insurers in Royal Commission’s sights

Money Management has confirmed that a number of the major life insurers received letters for the Royal Commission into alleged misconduct in Australia’s banking superannu...

Policy & Regulation

Royal Commission targets a decade of suspicions

Superannuation funds and other financial services organisations will have to account for the decade starting 1 January, 2008, as they seek to address pointed questioning ...

Superannuation

Royal Commission issues early please explains

The Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry has asked the 17 industry funds responsible for the ‘compare the pair’...

Superannuation

Survey reveals super split on Royal Commission

A new survey has revealed how super fund executives and trustees were keen for a Royal Commission into banking and financial services but less keen for it to scrutinise s...

Superannuation

Super sole purpose test put on Royal Commission agenda

The terms of reference for the Royal Commission into the Banking Superannuation and Financial Services industry have placed the superannuation fund sole purpose test firm...

Policy & Regulation

How Labor would extend Royal Commission

A dissenting report by Labor members of a key Parliamentary Committee has revealed how a future Labor Government might extend the terms of reference of the Royal Commissi...

Policy & Regulation

Put AFCA on ice until after Royal Commission says CIO

The implications of the Royal Commission into the Banking and Financial Services Industry are such that the Government should shelve plans to establish the Australian Fin...

Financial planning

Terms of reference reveal real targets of Royal Commission

The real objectives of the Government’s Banking and Financial Services Royal Commission have been revealed in its draft terms of reference...

Policy & Regulation

Pressure still building for Royal Commission

The Finance Sector Union has backed measures like the Sedgewick Inquiry and the Bank Executive Accountability Regime but argues that only a Royal Commission will really w...