Phone life insurance sales 'hawking' customers: Royal CommissionBY KARREN VERGARA | FRIDAY, 6 JUL 2018 12:32PM
The financial services Royal Commission exposed more boiler room sales tactics of call centre staff selling life insurance which drove poor behaviour and a sales-driven culture, and effectively breached anti-hawking provisions.Read more: Insurance, life insurance, ASIC, Select AFSL, Royal Commission, St Andrews, Let's Insure, Life Insurance Framework, Russell Howden
The longstanding chief executive of Colonial First State Global Asset Management has resigned.
The executive team at a Melbourne-based global equities manager has bought out the majority stake held by its parent firm. The buyout includes a name change and new board chair.
As the winding down of Arnhem Investment Management rolls on, the portfolio manager of its Global Growth SMA is bowing out.
Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne.
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