FSU calls out NAB for lack of standardsBY JAMIE WILLIAMSON | TUESDAY, 20 JUN 2017 12:10PM
Any compliance breaches made by NAB Financial Planning around the incorrect witnessing of Beneficiary Nomination forms prior to 31 May 2017 should not be included in the new conduct background check protocol.Read more: Beneficiary Nomination Forms, FSU, NAB Financial Planning, Protocol, Information, Andrew Thorburn, NAB for, Darren Martin, ABA, Banking Industry Conduct, Finance Sector Union of Australia, Julia Angrisano, July for, Reference Checking
In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers.
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million.
Two Blue Sky funds have been rated "unapproved" and "low investment grade" by SQM Research after the manager conceded it had fallen short of shareholder expectations.
The financial advice industry is grappling with a sales culture mentality and is only at the "cusp" of being a "true profession," this morning's session of the Royal Commission has revealed.
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