RSM Australia

royal commission

Hayne Royal Commissioner’s Assessment of the Superannuation Industry

26 June 2019
The Australian superannuation and wealth management sector has been in the spotlight over the past year as a result of the Hayne Royal Commission. The role of the Trustee and the suitability of the vertical integration model within the sole purpose test has been challenged.

Banking Royal Commission: The impact on superannuation

18 February 2019
Since its release, commentary on the Royal Commission’s Final Report has focused on the impact this will have on the Australian financial services sector and the big banks. 

Banking Royal Commission: next steps for financial industry

28 November 2018
The interim report from the Banking Royal Commission (BRC) into misconduct in the banking, superannuation and financial services industry has some hard lessons for those in the financial services industry, including accountants and financial advisors.

Are financial penalties effective?

12 September 2018
With the release of the Banking Royal Commission (BRC)’s interim report, a fresh wave of consumer backlash against the big four banks has surfaced along with cries for retribution, condemnation and large financial penalties.