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Showing 11 - 18 of 18 results for "Michael Wright"

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... Royal Commission hearings last year, will lead an ASX-listed managed accounts provider for a $500,000 base salary. Michael Wright will join Xplore Wealth (formerly Managed Accounts Holdings) effective September 9, as the company ends its six-month-long ...

BTFG will pay back grandfathered commissions to customers

KANIKA SOOD  |  WEDNESDAY, 25 JUL 2018
... instead of retaining it, the Financial Services Council Summit heard. BT Financial Group general manager advice Michael Wright told Financial Standard the exact form in which the clients will receive the payout is not yet clear. However, Wright said ...

Royal Commission can only mean more red tape: Poll

DARREN SNYDER  |  MONDAY, 23 APR 2018
... of 2018. It was the first executive scalp from the Royal Commission. BT Financial Group advice general manager Michael Wright spoke was quizzed about the industry's sales culture, saying this had moved on from its heights some decades ago. Financial ...

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... of his clients to invest in the same NAB hybrid securities on the same day. BT Financial Advice general manager Michael Wright told Senior Counsel Assisting Rowena Orr that recommending clients invest in the securities without considering if it was appropriate ...

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

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... ahead of his scheduled departure at the end of 2018. "We haven't earnt it yet," BT Financial Advice general manager Michael Wright said about customer trust, on his second day in the hot seat. The sales culture hit its height three or four decades ago ...

ROYAL COMMISSION: Top stories

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... at the "cusp" of being a "true profession," the Royal Commission revealed. BT Financial Advice general manager Michael Wright said the industry still needs to undertake a significant amount of work before it can earn its credibility. Wright conceded ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... session of the Royal Commission has revealed. On his second day in the hot-seat, BT Financial Advice general manager Michael Wright said the industry still needs to undertake a significant amount of work before it can earn its credibility. It's attempting ...

Westpac paid out $200m annually in conflicted remuneration

DARREN SNYDER  |  TUESDAY, 17 APR 2018
... year since 2013 that constitute conflicted - albeit permitted - remuneration. BT Financial Advice national head Michael Wright provided a statement explaining Westpac has generated a banned commission report that differentiates between payments received ...
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