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External Ratings Committee Formed to Ensure Transparency in the Financial Services SectorExternal Ratings Committee Formed to Ensure Transparency in the Financial Services SectorExternal Ratings Committee Formed to Ensure Transparency in the Financial Services Sect...

4 March 2019 by Rebecca Thacker, Dynamic Business

An external governance committee has been formed in response to the Royal Commission to ensure transparency in the financial services sector. The industry-led initiative will oversee a new rating system on financial advice licensees to he...

Adviser Ratings Unveils New Rating System (1)Adviser Ratings Unveils New Rating System (1)Adviser Ratings Unveils New Rating System (1)

4 March 2019 by Malavika Santhebennur, selfmanagedsuper

Adviser Ratings has established an external governance committee (EGC) to oversee a new rating system in light of recommendations made by the banking royal commission. The independent rating service of financial advisers said the licensee...

Planners to be Rated on Quality of AdvicePlanners to be Rated on Quality of AdvicePlanners to be Rated on Quality of Advice

1 March 2019 by Hannah Wootton, Money Management

Adviser Ratings has responded to the Royal Commission by establishing a new financial adviser rating system, which would be overseen by industry heavyweights, including former Australian Securities and Investments Commission (ASIC) chair, ...

New Licensee Rating System to LaunchNew Licensee Rating System to LaunchNew Licensee Rating System to Launch

1 March 2019 by riskinfo

Adviser Ratings has announced it will launch a new ‘quality of advice’ rating system for financial advice licensees. In a release announcing its initiative, the research and rating firm says the need for these ratings “…has been reinforce...

New Financial Adviser Competency Rankings Out SoonNew Financial Adviser Competency Rankings Out SoonNew Financial Adviser Competency Rankings Out Soon

28 February 2019 by James Eyers, AFR

Adviser Ratings will publish a public ranking of the governance quality of 27,000 financial advisers and 2200 licensees across the market, which it says will help the beleaguered industry restore trust after the royal commission.

Why Kenneth Hayne didn’t call for ban on Household Expenditure MeasureWhy Kenneth Hayne didn’t call for ban on Household Expenditure MeasureWhy Kenneth Hayne didn’t call for ban on Household Expenditure Measure

6 February 2019 by Alexis Carey, news.com.au

For more than a decade, one magic number has made the difference between nabbing your dream home — or being rejected for a loan. That number is the Household Expenditure Measure (HEM), a tool that has long been used by most of our banks t...

Royal Commission has Identified Thousand of BreachesRoyal Commission has Identified Thousand of BreachesRoyal Commission has Identified Thousand of Breaches

5 February 2019 by Sunrise & Yahoo!7

Scathing final report into banking misconduct released.

David Koch: Bank Inquiry Recommendations will have Far Reaching ImpactDavid Koch: Bank Inquiry Recommendations will have Far Reaching ImpactDavid Koch: Bank Inquiry Recommendations will have Far Reaching Impact

4 February 2019 by David Koch, The Daily Telegraph

Betrayed. That’s the feeling the average Australian has to their banker, financial adviser, superannuation fund manager and regulators following the horrific findings of the Royal Commission.

Netwealth Forms Wealth Data PartnershipNetwealth Forms Wealth Data PartnershipNetwealth Forms Wealth Data Partnership

21 December 2018 by Adrian Flores, IFA

In announcing the partnership with Adviser Ratings, Netwealth joint managing director Matt Heine said the insights will help them understand customer needs and continue to improve and add services tailored to those requirements.