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Showing 1211 - 1220 of 2507 results for "Legal"

Blue Sky chair steps down amid business restructure

ALEX BURKE  |  MONDAY, 7 MAY 2018
... revised management structure will see Morison at the top, followed by an investments managing director, a chief risk officer, legal and compliance, a chief financial officer, chief operating officer and corporate affairs. "These initiatives are expected ...

Macquarie platform, wrap businesses soar

KARREN VERGARA  |  FRIDAY, 4 MAY 2018
... which was among the big banks and AMP to appear before the Commission, has estimated it will incur about $50 million of legal and miscellaneous costs for its full-year reporting period of 30 September 2018. As Macquarie was noticeably absent from the ...

Chief economist update: A$ falls to the occasion

BENJAMIN ONG  |  WEDNESDAY, 2 MAY 2018
... fluctuations. "A$ down!" is again making the news as I type. My spreadsheet shows that, in the first four months of 2018, our legal tender is tendering less against all major currencies: down 3.5% against the US$; down 4.1% on the euro; down 6.3% against ...

Nick Bolton back on ASIC radar

ALEX BURKE  |  MONDAY, 30 APR 2018
... after his involvement in the Macquarie-backed BrisConnections toll road project. He resigned from Keybridge following a legal dispute with ASIC. It was suggested in 2016 by Wilson Asset Management chair Geoff Wilson that Bolton still retains a substantial ...

Brenner leaves AMP

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
... also left the company, with the board exercising its discretion to forfeit his outstanding deferred remuneration. Following legal advice in relation to the preparation of the Clayton Utz report on AMP's fee for no service issue, the institution determined ...

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... conduct to FPA, of which he later became a member. Meanwhile, ANZ said it anticipated a $50 million bill for RC-related legal and other costs. IOOF updated the market on its proposed acquisition of the ANZ wealth management business, saying all regulatory ...

Adviser regulation lacking a professional body, RC hears

KARREN VERGARA  |  FRIDAY, 27 APR 2018
... receiving official banning orders from ASIC because the association didn't want to tarnish its reputation and engage in a legal battle. AFA chief executive Philip Kewin faced the country's highest form of public inquiry yesterday, explaining ...

Dover roasted for 'Orwellian' protection policy

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... disagreed that the clause was a lie, claiming that it communicates the liability of the adviser and - if the document were given legal effect - Dover would be liable for inappropriate advice or that which did not adhere to the best interests duty. Costello ...

Royal Commission invite refused by Dover

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... monthly retainer of $3000. When asked if he believed the assessment of financial advice required particular training in non-legal matters, McMaster said he did. "Do you accept reviewing statements of advice prepared by financial advisers is not legal ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... in October and December 2017 respectively. It anticipates the banking Royal Commission will generate about $50 million of legal and miscellaneous costs for its full-year reporting period of 30 September 2018. ANZ said it is committed to engaging with ...