The Final Report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry was presented to the Governor-General on Friday 1 February 2019. On Monday 4 February 2019 the Hon Josh Frydenberg MP released the Government’s Response to the Royal Commission. The Opposition released its formal response to the Royal Commission on Friday 22 February 2019.
The FPA Royal Commission wrap-up aims to filter all recommendations that may directly or indirectly affect the provision of financial advice.
The wrap-up focuses on five key areas from the commission’s final report. These include:
- Financial advice
- Superannuation
- Insurance
- External dispute resolution and consumer compensation
- Codes of practice, regulators and culture
We will work with the Government and regulators on the implementation of Commissioner Hayne’s recommendations.
Any questions?
We are always keen to hear your valuable feedback and suggestions. Please let us know if there are any issues or concerns that affect you.