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Showing 131 - 140 of 639 results for "EMA"

ASIC takes fintech to court

KARREN VERGARA  |  WEDNESDAY, 6 JAN 2021
The corporate regulator has initiated action against a fintech for allegedly misleading customers about the benefits of investing in residential property in self-managed superannuation funds. Squirrel Superannuation Services, an SMSF platform provider ...

ASIC's Chester spills Crennan truth

ANNABELLE DICKSON  |  WEDNESDAY, 28 OCT 2020
ASIC deputy chair Karen Chester brought to light discrepancies in Daniel Crennan's resignation statement in front of a senate hearing, clarifying the dates that he found out about the issues that led to his resignation. Former deputy chair Crennan said ...

ASIC chair steps aside pending pay review

JAMIE WILLIAMSON, KANIKA SOOD, ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
ASIC chair James Shipton has stepped aside pending the outcome of a review into his remuneration arrangements. Tabling the 2019/20 ASIC annual report today and addressing the Senate Estimates committee, Shipton flagged certain relocation expenses incurred ...

Remote exams offered to Melbourne advisers

KARREN VERGARA  |  FRIDAY, 23 OCT 2020
The Financial Adviser Standards and Ethics Authority is providing remote-sitting options for financial advisers in Melbourne affected by COVID-19 restrictions. Financial advisers sitting the November exam will be affected. FASEA advised those who registered ...

Legacy AMP Life policyholders take premium hit

ELIZABETH MCARTHUR  |  FRIDAY, 23 OCT 2020
Some retail AMP Life customers received a steep premium increase on their income protection policies recently. Customers in a legacy product from the life insurer were notified by letter or email that following a review of premiums, they would be paying ...

Adviser sentenced to eight years' prison

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
A financial adviser has been jailed over using clients' money to fund his lifestyle to the tune of $1.1 million, including $72,000 he spent on a boat, while licensed by AMP, NAB and Synchron. Anthony Dick has been sentenced to eight years in prison ...

AMP, former employee settle

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
AMP and former employee Larissa Baker Cook have settled for an undisclosed amount, a month before the matter was scheduled for trial. Cook last October filed a claim in the Federal Court alleging AMP dismissed her unfairly after she raised concerns ...

Geoff Lloyd to leave MLC

KANIKA SOOD  |  WEDNESDAY, 7 OCT 2020
Geoff Lloyd will leave MLC at October end after two years at its helm, after its recent agreement to sell the business to IOOF. MLC's chief corporate services officer Andrew Morgan will oversee MLC's day-to-day operations while the sale to IOOF ...

Adviser charged with stealing super

ELIZABETH MCARTHUR  |  FRIDAY, 2 OCT 2020
A West Australian financial adviser who has worked across some of Australia's largest licensees could face 15 years in jail after being charged with four counts of dishonest conduct in relation to hardship superannuation requests. Rahul Goel is ...

The fundies of tomorrow

ANNABELLE DICKSON  |  MONDAY, 14 SEP 2020
The next wave of fund managers is ready to leave their textbooks behind and start investing with real money. And star stockpickers of today are offering their help to an interuniversity group. Traditionally, students undertaking a commerce or business ...