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Australian dividend distributions rebound in Q3
Australia saw a significant rebound in dividend distributions in the quarter to September 30, with the recovery attributable to BHP and the broader mining sector.
Aequitas hires from Vanguard again
Aequitas Investment Partners has named a head of asset consulting, joining from Vanguard Australia.
RBA delivers another hike in split decision
The Reserve Bank of Australia delivered its fifth interest rate hike this year, but the monetary board was split in its decision.
Sequoia profits tank as advisers flee
Sequoia's Q1 revenue dropped close to 60% while also recording a profit loss. Despite this former chief executive Garry Crole took home more than $400k.
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Jacqueline Fernley
CHIEF EXECUTIVE OFFICER
ARC POINT OCIO PTY LTD
ARC POINT OCIO PTY LTD
Jacqueline Fernley is a self-confessed nerd, a market animal and as of this year, her own boss. 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.