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Showing 1021 - 1030 of 4542 results for "Michael"

No view on ending adviser commissions: AMP

ALEX BURKE  |  TUESDAY, 17 APR 2018
... cessation of the commission-based adviser remuneration model, despite personal reservations. Senior Counsel Assisting Michael Hodge asked Regan whether AMP had formulated a view on whether it would be appropriate for planners to only charge fees-for-service ...

RC findings bring shame on advice industry: social media

ALEX BURKE  |  TUESDAY, 17 APR 2018
... new corporate version of "I can't recall"? Today's hearings produced some memorably squirm-worthy moments. Impressed by Michael Hodge too. #shockandorr. - Shaun Gath (@ShaunCGath) April 16, 2018 Narrabundah Partners principal Shaun Gath criticised the ...

AMP deliberately misled ASIC over ongoing fees

ALEX BURKE  |  TUESDAY, 17 APR 2018
... business deliberately misled ASIC over ongoing fees-for-no-service policies on multiple occasions. Senior Counsel Assisting Michael Hodge singled out AMP's 90-day exception rule, whereby the business would continue to charge clients fees while they had ...

AMP's buyer of last resort measures scrutinised

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... (APSL). With sales under BOLR measures generally valued at four times rolling business revenue, Senior Counsel Assisting Michael Hodge said: "You would only be paid the multiplier on revenue or indeed paid anything if that client's products were on the ...

AMP executive 'apologises' for advice failings

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... of financial advice. In questioning AMP group executive, advice and New Zealand Anthony Regan, Senior Counsel Assisting Michael Hodge read out an apology that Regan included in his written testimony. "I apologise unreservedly for the failures in respect ...

Lonsec names group chief executive

KARREN VERGARA  |  MONDAY, 16 APR 2018
... Netwealth changed Paragem's Dealer Services to Pathway Licensee Services as of March 2012. Netwealth joint managing director Michael Heine said at the time: "The name change is an important step as we begin to integrate the business into the netwealth ...

Vanguard launches two active factor ETFs

ALEX BURKE  |  MONDAY, 16 APR 2018
... within asset classes and investment styles, and according to their appetite for risk," Reyes said. QEG Australian head Michael Roach added: "Factors are the DNA of an investment portfolio; the underlying characteristics that drive investment performance. ...

Milliman launches course correction tool for retirees

ALEX BURKE  |  TUESDAY, 10 APR 2018
... is the first firm to use Even Keel, across all of its Innova model portfolios. Milliman director of investment services Michael Armitage explained: "Milliman's model portfolio solution meets the needs of investors such as retirees who cannot endure sustained ...

Chief economist update: Trump trumps Brexit

BENJAMIN ONG  |  TUESDAY, 10 APR 2018
... or the Trump/Stormy Daniels alleged dalliance, or the alleged Trump/FBI raid on the offices of Trump's personal lawyer, Michael Cohen... but whatever it is, it had diverted investor attention away from Brexit. For sure, Britain would be dragged into ...

Westpac appoints new general manager

JAMIE WILLIAMSON  |  MONDAY, 9 APR 2018
Westpac Institutional Bank appointed a new general manager, corporate and institutional banking following Michael Correa's recent promotion. Managing director, head of trade, asset and structured finance Didier Van Not will take on the role, effective ...