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Showing 1471 - 1480 of 3210 results for "Power"

MGP responds to Henderson's RC hearing

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... admitted it was inaccurate and apologised for the false statement. Editor's note: Sam Henderson was featured as one of the 2017 Power 50 influential financial advisers in Australia. In compiling this list, Financial Standard requested the assistance ...

ASIC grilled over negotiating with banks

ALEX BURKE  |  FRIDAY, 27 APR 2018
The Royal Commission today questioned ASIC over its practice of heavily negotiating enforceable undertaking outcomes with financial advice licensees. Senior Counsel Assisting Rowena Orr asked ASIC senior executive leader - financial advisers, Louise ...

Advice firm impersonated clients

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... Statement of Advice which was later deemed to be inappropriate. Editor's note: Sam Henderson was featured as one of the 2017 Power 50 influential financial advisers in Australia. In compiling this list, Financial Standard requested the assistance of ...

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... disciplinary processes, what hope does someone without those have?" Editor's note: Sam Henderson was featured as one of the 2017 Power 50 influential financial advisers in Australia. In compiling this list, Financial Standard requested the assistance ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
As the Royal Commission disbands for the week, Financial Standard summarises all the evidence heard on day four and five of the financial advice industry's turn before Commissioner Kenneth Hayne. Executives from Westpac, CBA and AMP have now made an ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. Treasurer Scott Morrison and Minister for Revenue and Financial Services Kelly O'Dwyer ...

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 ...

Treasurer backs ASIC investigations

DARREN SNYDER  |  THURSDAY, 19 APR 2018
... time. That's how serious these things are," Morrison said. He added the Federal Government is committed to increasing ASIC's power and resources, and has established the Australian Financial Complaints Authority (AFCA). "We will allow the Commission ...

MLC, Colonial First State make key appointments

JAMIE WILLIAMSON  |  WEDNESDAY, 18 APR 2018
... long-serving John Shuttleworth. CFS further confirmed that Wall was replaced in March by BTFG's former head of platforms, Kelly Power. Power resigned from BTFG in December 2017 to join the wealth manager. In his time at CFS, Wall was responsible for ...

SMSF expert joins boutique investment house

JAMIE WILLIAMSON  |  TUESDAY, 17 APR 2018
A self-managed superannuation industry stalwart has taken on a board advisory role with a boutique funds management firm. Former SMSF Association chief executive Andrea Slattery will advise the board of fund manager and individually managed account ...