THE BIG QUESTIONS FOR 2020 So far, so good
Nov 27, 2019
3 minutes
Q IN THE AFTERMATH OF THE ROYAL COMMISSION’S SHOCKING REVELATIONS, WHAT ARE REGULATORS DOING TO MAKE SURE THE FINANCIAL INDUSTRY CLEANS UP ITS ACT?
It’s now one year on from the royal commission into misconduct in financial services. On the surface not much might appear to have changed, but below decks there is a revolution taking place.
Our humiliated financial regulators have come out fighting and determined to win back their reputations. Product providers, particularly the expensive ones, are slashing fees. And banking and insurance groups are cutting loose their financial adviser networks.
The federal
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