Medcraft addresses ASIC's NAB responseBY ALEX BURKE | THURSDAY, 26 FEB 2015 11:50AMIn his opening statement to the Senate Economics Legislation Committee, ASIC chair Greg Medcraft addressed the recent media coverage of NAB Wealth's compensation to its advice clients. Related News |
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Matt Gaden
HEAD OF AUSTRALIA
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
JANUS HENDERSON INVESTORS (AUSTRALIA) LIMITED
Helping investors traverse financial markets and build their wealth during the peaks and troughs is Janus Henderson Investors head of Australia Matt Gaden's game plan. He tells Karren Vergara why in this long game of investing, active management wins.
Would an annual exam, like the one proposed by a number of "commentators", including Medcraft, have prevented the latest NAB debacle?
Of course not....wake up...it's up to the licensee and the regulators to monitor the activities of those working in the industry to ensure that this sort of behaviour is stamped out.