Magellan COO departs for family office jobBY ALEX BURKE | FRIDAY, 17 FEB 2017 12:46PM
Magellan Financial Group's chief operating officer, one of the firm's first employees, left the firm in January.Read more: AM, Magellan Financial Group, AB Campbell, Financial Services Institute of Australasia, Hamish Douglass, Institute of Chartered Accountants, Magellan COO, Nerida Campbell, UBS AG
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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