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Showing 2461 - 2470 of 4932 results for "MIS"

AMP becomes class action target

DARREN SNYDER  |  MONDAY, 30 APR 2018
IMF Bentham is the latest firm to finance proposed class action proceedings against AMP in light of evidence at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The litigation funding group said it ...

Sixty per cent of FPA members hold degree

HARRISON WORLEY  |  MONDAY, 30 APR 2018
Responses to a Financial Planning Association of Australia questionnaire indicate the education levels of its members compare favourably to the planning industry overall. After 3200 members responded in the fortnight since the FPA issued its questionnaire ...

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

KANIKA SOOD  |  FRIDAY, 27 APR 2018
In a workweek cut short by a public holiday, the Royal Commission heard evidence which included an AMP adviser identified only as Mr E, whose clients haven't even been informed of his misconduct yet. It also included a high-profile adviser who "most ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
Financial advisers are struggling to comprehend the level of misconduct revealed by the past fortnight's Royal Commission hearings. Will the non-aligned advice space be strengthened by the findings? Or will the vertically integrated model withstand ...

Financial planning must regroup and reform: Social Media

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
Social media commentators have called for structural changes to the financial planning industry after the Royal Commission wrapped up its investigation into financial advice this week. After a fortnight of revelations during the Royal Commission's probe ...

ROYAL COMMISSION: Our top stories

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
Missed something? Here's a recap of the most read stories to come out of the second week of the Royal Commission's inquiry into financial advice. High profile adviser under fire The Royal Commission heard how Fair Work commissioner Donna McKenna received ...

Adviser regulation lacking a professional body, RC hears

KARREN VERGARA  |  FRIDAY, 27 APR 2018
The Association of Financial Advisers decided to retain two financial advisers as members despite them receiving official banning orders from ASIC because the association didn't want to tarnish its reputation and engage in a legal battle. AFA chief ...

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 ...

Dover roasted for 'Orwellian' protection policy

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
The Royal Commission scrutinised Dover Financial Advisers' former client protection policy, demonstrating its essential purpose to be to exonerate the licensee of any liability in the event of misconduct by authorised representatives. Counsel Assisting ...

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 ...