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Showing 271 - 280 of 460 results for "Conflicts of interest"

CPA sets up independent advice license

LAURA MILLAN  |  FRIDAY, 5 JUN 2015
... a statement. "Too many everyday Australians have suffered as a result of poor financial advice driven by conflicts of interest," CPA chief executive Alex Malley said. Malley will also become the chief executive of CPA Australia Advice. "We see it as ...

Groups call for default super fund decoupling

DARREN SNYDER  |  TUESDAY, 26 MAY 2015
... potential for conflict always existed." "The industry funds movement has been very vocal about removing conflicts of interest from the financial planning industry. It is now time for them to apply the same standards within," Latto said. He said any conflict ...

NAB upgrades advice compensation program

LAURA MILLAN  |  THURSDAY, 21 MAY 2015
... third party and specialist in governance Cameron Ralph. "The review led by Cameron Ralph was to ensure no conflicts of interest affected the construction and design of the role, and to ensure that the customer's perspective is central in establishing ...

FSC backs Commission on choice of super funds

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
... chief executive, Sally Loane, said super must be decoupled from the industrial relations system to avoid conflicts of interest and to open the superannuation market to competition and choice. "If Australians are forced to save a portion of their salary ...

Royal Commission looks at choice of super funds

DARREN SNYDER  |  TUESDAY, 19 MAY 2015
... the union specifying a particular fund as a default would reduce the problems of potential coercion and conflicts of interest. On the other, superannuation is compulsory and the particular industry superannuation fund with which the union is associated ...

Advice not just compliance: Centrepoint

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... than the needs of clients." "We need to embrace the FOFA changes to consumer protections, remuneration, conflicts of interest and justification for product recommendations. However, effective compliance will not in itself deliver what clients are looking ...

Goldman ordered to pay $100m to NAB

STAFF WRITER  |  TUESDAY, 12 MAY 2015
... compensates NAB for its losses with interest and also sends the clear message that it is not okay to conceal conflicts of interest from clients," said Jonathan Pickhardt, the lead attorney on the case at Quinn Emanuel, in a statement.

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... research house, asset consultant and advice providers." This means that the industry will have to deal with the conflicts of interest that result from the model and to make sure consumers understand them. "Financial institutions will need to continue ...

Robo advice questions still unanswered

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... information could lead to customers receiving advice and buying riskier products as a result. Also of concern were conflicts of interest between the firm and the advice that was given, and a lack of controls or supervising what's coming out the other ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
... integration in investment management." Kell said ASIC is currently conducting a surveillance project in conflicts of interest and vertical integration projects and how they're most effectively managed. This is expected to run until the middle of 2015 ...