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AMP chair faces shareholder ireBY KARREN VERGARA | FRIDAY, 30 APR 2021 12:36PM
AMP chair Deborah Hazelton has dodged heavy-hitting questions from shareholders who demanded transparency on the firm's failure to reign in chaotic leadership changes and why they are the last to know about significant announcements.Read more: AMP, Deborah Hazelton, Private Markets, Alexis George, ANZ, Boe Pahari, China Life, David Murray, Francesco De Ferrari, Resolution Life
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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