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Showing 1421 - 1430 of 3264 results for "January 2014"

MGP responds to Henderson's RC hearing

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
The managed account provider brought into the Royal Commission spotlight by Henderson Maxwell chief executive Sam Henderson has distanced itself from the situation. A line of questioning during Henderson's appearance at the Commission on Tuesday saw ...

Royal Commission invite refused by Dover

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Dover Financial Advisers was revealed as the only large scale financial advice licensee to decline the Royal Commission's request for assistance in identifying instances of misconduct. Appearing before the Commission yesterday, Dover owner Terry McMaster ...

ANU to recalibrate divestment policy

ALEX DUNNIN  |  FRIDAY, 27 APR 2018
Australian National University's long-term investment pool, after mixed performance outcomes from its socially responsible investment strategy, is looking to recalibrate with a series of global mandate appointments. The now $1.3 billion investment pool ...

Chief economist update: Prudence, patience and persistence

BENJAMIN ONG  |  FRIDAY, 27 APR 2018
The European Central Bank's (ECB) 26 April Governing Council meeting produced unchanged monetary policy settings yet again, marking the 26th month of inaction. The eurozone's interest rates haven't changed - repo rate at 0.0%; deposit facility at -0.40% ...

Advice firm impersonated clients

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
A prominent financial adviser conceded a series of phone calls in which a staffer impersonated a client may have been at his direction. Questioned by Senior Counsel Assisting Rowena Orr on Tuesday, Henderson Maxwell chief executive and senior financial ...

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
The Royal Commission heard how Fair Work commissioner Donna McKenna received inappropriate financial advice from Sam Henderson, chief executive and senior financial adviser at Henderson Maxwell. McKenna sought financial advice from Henderson in late- ...

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
ANZ and NAB painted a bleak profitability outlook for shareholders, flagging massive losses ahead of their 2018 half-year reporting period in early May. ANZ will incur a loss of $632 million from the sale of its life insurance, and pensions and investments ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
ANZ has blamed its systems and processes for failing to adequately monitor in-house financial advisers as well as its authorised representatives within three of its aligned dealer groups. Week two of the Royal Commission tasked with scrutinising advice ...

ROYAL COMMISSION: Top stories

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Missed something? Here's a recap of the most read stories to come out of the first week of the Royal Commission's inquiry into financial advice. AMP admits to serious misconduct in RC submissions AMP acknowledged hundreds of instances of misconduct ...

Powerwrap gears up for IPO

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Powerwrap has confirmed it recently completed a pre-IPO capital raise to the tune of $7.5 million. Speaking to Financial Standard, Powerwrap chief executive Will Davidson said the platform sought the backing of existing institutional investors to raise ...