Royal Commission

Boards need to be engaged on culture: Costello

“From the outside it looks as if you had strong management that controlled the corporation and the audit committee was not involved.” – Peter Costello on CBA’s failings.

Matthew SmithNovember 29, 2018

Royal Commission

Bank execs admit to wealth experiment’s failure

NAB boss Andrew Thorburn followed his counterparts in admitting the big four’s foray into advice was both ill-conceived and poorly executed. Tahn Sharpe writes.

Tahn SharpeNovember 26, 2018

Royal Commission

Comyn probe reveals Hayne’s overseas focus

CBA’s Matt Comyn kicked off round seven of the Hayne royal commission hearings, which will feature leaders of the country's largest financial institutions.

Matthew SmithNovember 19, 2018

Royal Commission

Dismantling the regulator is not out of the question

In all of Kenneth Hayne’s comments throughout the royal commission hearings and in the interim report, his views on the regulator were the most emphatic, Matthew Smith writes.

Matthew SmithOctober 30, 2018

Royal Commission

Advice in the wake of Hayne

Kenneth Hayne jolted institutions into high-profile moves to ban some conflicted remuneration but there are more issues to address and there will be more announcements to come.

Matthew SmithOctober 26, 2018

Royal Commission

Licensees will be on the hook for best-interests lapses

The ability to prove rigorously that a product recommendation is in a client’s best interests does not currently sit within an adviser’s toolkit – that needs to change.

Matthew SmithOctober 3, 2018

Royal Commission

Banks will face crisp penalties not wet lettuce

The inquiry’s interim report suggests regulators will soon be tough enough to make big institutions think twice about wrongdoing, Andrew Main writes.

Andrew MainOctober 2, 2018

Royal Commission

Door open for a review into individual licensing

Adviser Rating's Mark Hoven says the royal commission’s interim report could lead to Kenneth Hayne recommending a review of the current licencing regime.

Tahn SharpeOctober 2, 2018

<1of5>