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Showing 11 - 20 of 54 results for "Labor Senator"

AMP does not treat advisers fairly: Poll

ELIZABETH MCARTHUR | TUESDAY, 1 SEP 2020

... to licensees, short notice periods provided to licensees exiting the business and restraint of trade provisions." Labor senator Deborah O'Neill has called for an inquiry into the treatment of AMP advisers. She said AMP terminated businesses of 250 advisers ...

Liberal senator slams super

ELIZA BAVIN | FRIDAY, 28 AUG 2020

... industry super fund-owned news website The New Daily a "communist propaganda tool used to peddle Marxist ideology". Labor senator Tim Ayres said listening to Rennick's tirade was like an out of body experience. "When you listen to a sort of stream of ...

Advisers file class action against AMP

JAMIE WILLIAMSON | WEDNESDAY, 29 JUL 2020

... BOLR-related cases for mediation on the back of more than 100 complaints, and calls for a review of AMP's behaviour by Labor Senator Deborah O'Neill. It also follows recent comments by AMP chief executive Francesco De Ferrari that the prevalence ...

Litigation funding fight heats up

ELIZABETH MCARTHUR | MONDAY, 13 JUL 2020

... victims in class actions only receive about 39% of the total awards in class actions. This claim was disputed by Labor Senator Deborah O'Neil. Mathias claimed the figure came from Herbert Smith Freehills, but Herbert Smith Freehills did not include ...

Calls to investigate treatment of AMP advisers

ELIZABETH MCARTHUR | FRIDAY, 26 JUN 2020

... AMP's treatment of financial advisers, including reducing the value of its Buyer of Last Resort (BOLR) agreements. Labor senator for NSW Deborah O'Neill has written to ASIC chair James Shipton, urging him to investigate the AMP BOLR changes. Last year ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD | THURSDAY, 18 JUN 2020

... operating officer and Darran Goodger as the chief operating officer, a spokesperson confirmed. Interestingly, former Labor senator Stephen Conroy, who introducing the new chief executive Marcus Price to the buyers, does not have a role at the new company. ...

FASEA extension hits snag

ELIZABETH MCARTHUR | FRIDAY, 12 JUN 2020

... extension being passed. Senator opposed Patrick's amendment, but Labor, the Greens and One Nation supported it. Labor Senator Jenny McAllistor said that Labor does support the bill, which will amend the Corporations Act to allow financial advisers ...

Sargon buyers tap former PEXA chief as adviser

KANIKA SOOD | FRIDAY, 1 MAY 2020

... York financier and the Aussie strategic consultant is understood to have come via Sargon's director and former Labor senator Stephen Conroy. Conroy is believed to have engaged with Price last year to consider Sargon's future before the administration. ...

SG amnesty bill finally passes

HARRISON WORLEY | TUESDAY, 25 FEB 2020

... opposition locked in tense discussion over a last-minute amendment as the third reading of the bill approached. Labor Senator Jenny McAllister moved an amendment which would enshrine the right to superannuation within the National Employment Standards. ...

Document leak puts NAB under the pump

HARRISON WORLEY | FRIDAY, 2 AUG 2019

... intensity" to its oversight of financial risks, which it noted was generally mature and strong. New South Wales Labor Senator Deborah O'Neill successfully moved to refer the auditing sector to an inquiry by the Parliamentary Joint Committee on Corporations ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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