Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 32 results for "Senior Counsel Assisting Rowena Orr"

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... Mr E in November 2016, an authorised representative of AMP Financial Planning, Britt told Senior Counsel Assisting Rowena Orr. Mr E advised the husband to rollover the balances of his TAL and MLC MasterKey superannuation accounts to AMP's MyNorth product ...

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
... conduct a serious compliance concern in ASIC's view. Hagger disagreed with this finding and told Senior Counsel Assisting Rowena Orr that he notified Haworth-Booth of this at the time, but that this "confusion" stemmed out of a limited understanding ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
... there's greater diversity and variability in practices and processes, she said. Rixon told Senior Counsel Assisting Rowena Orr that uniformity across ANZ's entire advice network should have been a priority because this not only provides "guiderails" ...

ANZ dragged its heels on adviser misconduct

ALEX BURKE  |  FRIDAY, 20 APR 2018
... Whereat discussed the case study of former RI Advice authorised representative John Doyle with Senior Counsel Assisting Rowena Orr. Despite Whereat attending a meeting in August 2015 and suspending Doyle eight days later - along with commencing an investigation ...

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... hybrid securities on the same day. BT Financial Advice general manager Michael Wright told Senior Counsel Assisting Rowena Orr that recommending clients invest in the securities without considering if it was appropriate for their individual financial ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... Wright said. Ironically, Wright's LinkedIn profile describes himself as a "sales professional", Senior Counsel Assisting Rowena Orr pointed out. Wright said he personally wants the industry to move to a fee for service model - like AMP's Anthony Regan ...

ROYAL COMMISSION: Top stories

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... January 2008 and 30 June 2015. In opening the Royal Commission's inquiry into financial advice, Senior Counsel Assisting Rowena Orr provided a summary of the three submissions made by AMP and related entities. AMP acknowledged it has engaged in conduct ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... the profession is far from earning the public's trust. "We haven't earnt it yet," he told Senior Counsel Assisting Rowena Orr. Ironically, Orr pointed out that Wright's LinkedIn profile describes himself as a "sales professional." The height of the sales ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... brought to tears relaying her experience with a Westpac financial adviser in 2015. Answering to Senior Counsel Assisting Rowena Orr, McDowall explained how she sought the assistance of the Melbourne adviser to implement a retirement income strategy. ...

Commonwealth Bank refunding millions in fees for no service

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... by authorised representatives and financial advisers employed by CBA and related entities, Senior Counsel Assisting Rowena Orr said between July 2007 and June 2015 clients of Commonwealth Financial Planning, BW Financial Advice and Count Financial were ...