Financial Services
As one of Australia’s largest sectors, the financial services sector plays a crucial role in contributing to our economy - yet ruptured trust and increasingly invasive regulation makes navigating changing waters very complex.
Operating through a constantly evolving series of legislative and regulatory changes following the Hayne Royal Commission, and in recent reviews of banking, insurance and superannuation through Parliamentary hearings, financial institutions have become highly regulated and prone to media scrutiny.
Advances in digital technology and changing customer expectations, especially within responsible investments have all increased opportunities to develop competitive reputation for innovative leadership in compliance and consumer protection.
Whilst H/Advisors APA has assisted clients through and post the Hayne Royal Commission, volatile markets, long-term economic headwinds, and the growing trust gap between financial institutions and customers have presented challenges that still require traditional government, media and public relations strategies.
Reviews of Australia’s regulators including APRA, ASIC, ACCC, reviews of the major banks, including the Reserve Bank, passage of the Hayne Royal Commission recommendations, the Future of Financial Advice (FOFA), and superannuation changes are just a number of upcoming focuses for the Federal Government in this term of Parliament.
EXPERIENCE
EY on audit independence.
CAANZ.
Australian Bankers Association.
Mercer.
Genworth Financial.
Western Union.
Cabcharge Australia.
State Insurance Regulatory Authority.
Zurich Insurance.
Group of life insurance providers.
AON Risk Solutions.
National Insurance Brokers Association.
