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Pengana takes WAM feud over PIA to Takeovers Panel
|Pengana Capital Group is again attempting to thwart the Wilson Asset Management-led board's share buyback and increased ownership in the Pengana International Equities LIC (PIA), hoping the Takeovers Panel will intervene.
ASFA welcomes Rest executive to C-suite role
|ASFA has named a new C-suite appointment, set to join on September 21 from Rest to strengthen its policy implementation initiative.
WT Financial takes majority stake in TNT Advisor
|WT Financial has acquired a 70% stake in paraplanning provider, TNT Advisor Solutions (TNT), for $2.4 million.
State Super announces new board appointment
|State Super, the SAS Trustee Corporation, has named a new member of its board, saying the appointment will add to the trustee's governance structure.
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Liza McDonald
HEAD OF RESPONSIBLE INVESTMENT
AWARE SUPER
AWARE SUPER
Liza McDonald would have you believe her path from a legal secretary to the head of responsible investment at Aware Super was a matter of good fortune. Her career says otherwise. Riddhima Talwani writes.







If I was a Bank planner I'd find this very insulting. You'd have to have rocks in your head to work as a planner for a bank and put up with this. It's not the planners that need ethics training, it's the senior management of the organization that pressure more junior staff to meet sales targets, to sell so much of XYZ product. Why haven't middle and senior management had to undergo ethics training? The ethics of an organization are influenced from the top and work its way down. The sooner bank planners are segregated from the broader planning community the better.
So 500 AMP advisers and others from the 4 banks are lining up to learn about ethics
Is it thus true to say these people have been advising in an ethics-free zone all these years? Sounds like a lot of SOAs may need to be reviewed.
Ethics are a part of most peoples value system - you either have ethics or you don't. And if you don't practice it every day already, a training course is useless.
And I suppose all those bank sales managers who pressure advisers to meet quotas will be attending as well.