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Calls to give ASIC power to repair reputationsBY ELIZA BAVIN | WEDNESDAY, 11 SEP 2019 11:57AM
A prominent lawyer has argued ASIC should be given the power to issue "no action letters" to those not under formal investigation for wrongdoing following the Royal Commission.
Read more: Royal Commission, ASIC, ANZ, Global Financial Crisis, NAB, Philip Crutchfield, Turnaround Management Associated, Westpac, Zip Co
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The $80 billion fund manager has hired BMO Global Asset Management's Asia Pacific managing director as an executive director as the incumbent retires.
Wilson Asset Management has responded to allegations by Keybridge Capital, noting the investment manager has already failed twice in previous attempts to obtain orders of this kind.
The former head of ESG investment research at AMP Capital has taken up a new role.
Fortnum, Centrepoint, Easton Wealth, CountPlus, Fitzpatricks and Paragem have all criticised the Financial Planning Association of Australia's latest policy proposal.
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