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Showing 10951 - 10960 of 28277 results for "NOT"

New manager raising $30m for crypto fund

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... that it is uncorrelated to a lot of asset classes right now. You may see some macro pattern emerging at times, but we would not say there's a direct correlation at all," he said. When it comes to laying down target performance figures for investors ...

AMP platform fees laid bare

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... commented it is concerning AMP is automatically deducting fees and pay to licensees. In circumstances where a customer does not have enough funds in the account, this would prompt the adviser to sell down clients' investments in order to cover the costs. ...

ASIC hits former NAB adviser with permanent ban

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
... to the unauthorised withdrawals, Taylor also maintained he was a representative of GWM after June 2013, even though he was not. Separately, ASIC also noted that a former AMP-aligned adviser, Trevor Martin, was charged with 21 counts of dishonestly obtaining ...

Why wait for Royal Commission to address trust?

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... study done in advanced diplomas and the Certified Financial Planner program will undermine that learning culture if it is not reviewed," he said.

New chair, deputy chair for industry fund

JAMIE WILLIAMSON  |  WEDNESDAY, 18 APR 2018
... the board through change and tenaciously represented our members' best interests," CareSuper said. "Cate's achievements are not limited to the CareSuper boardroom - her widely-recognised commitment to the profit to member superannuation model and to ...

Outgoing CEO name removed from critical AMP report draft

ALEX BURKE  |  TUESDAY, 17 APR 2018
... When pushed as to whether Meller asked his name to be removed, Regan reiterated: "No, he asked a question as to whether or not it was necessary for all of those people, of which he was one, to be included in the report." "Do you recall him raising an ...

Treat real estate agents like advisers: REIA

ALEX BURKE  |  TUESDAY, 17 APR 2018
... seek a higher commission to off-set the costs of the selection service," Gunning said. "The vendor thus pays more and does not necessarily have the most appropriate agent." Gunning also noted that CBA had recently entered into a relationship with one ...

Westpac paid out $200m annually in conflicted remuneration

DARREN SNYDER  |  TUESDAY, 17 APR 2018
... that were paid in relation to superannuation accounts and $20,800 in commissions paid in relation to the ASGARD platform. Not all of these payments were disclosed in Westpac's submission to the Royal Commission earlier in 2018. Westpac also provided ...

No view on ending adviser commissions: AMP

ALEX BURKE  |  TUESDAY, 17 APR 2018
... own arrangements. Hodge then asked whether there was anything stopping AMP from adopting the position that planners should not be taking commissions and should only take fees-for-service, and Hodge conceded AMP could do that. "Why don't you, then?" Hodge ...

RC findings bring shame on advice industry: social media

ALEX BURKE  |  TUESDAY, 17 APR 2018
Multiple social media commentators suggested the findings revealed in today's inquiry have brought shame on the financial advice industry. Today's inquiry focused largely on AMP and the 90-day exception rule which enabled the group to charge fees for ...