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Showing 11 - 20 of 83 results for "Vertical integration"

AFA responds to Quality of Advice Review

KARREN VERGARA  |  THURSDAY, 10 FEB 2022
... have been more important in the past, given conflicted remuneration and a market typified by significant vertical integration, however, the market has changed, and conflicted remuneration has largely been banned. It is appropriate to ask what the utility ...

Conflicts of interest risk in funds management still high: ASIC

ANNABELLE DICKSON  |  FRIDAY, 24 SEP 2021
... management fee paid to financial advisers for managed accounts can represent a conflict of interest from vertical integration. This can emerge from financial advice groups putting clients into their own investment model portfolio rather than external ...

Bravura appoints chief executive

ANNABELLE DICKSON  |  WEDNESDAY, 25 AUG 2021
... are witnessing considerable change in our core markets across the value chain. Whether it be the shift to vertical integration and increasing distribution accessibility in the UK, or the thrust to automate rather than outsource as in Australia and New ...

M&As to create super advice firms

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
... white paper suggests. According to a new report by AZ Next Generation Advisory (AZ NGA), the collapse of the vertical integration model has opened up opportunities for cashed-up buyers. "In the next 12-24 months, a wave of accounting and advisory opportunities ...

ASIC slams auditors

KARREN VERGARA  |  WEDNESDAY, 23 DEC 2020
... transparency in audit inspection results. A recent inquiry into the audit sector stopped short of breaking up vertical integration within providers of the big accounting and audit firms in a bid to combat conflicts of interest.

Audit inquiry overlooks vertical integration

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
An inquiry into the quality of audits has fallen short of recommending the breakup of the largest four vertically integrated accounting firms in a bid to combat conflicts of interest. The Regulation of Auditing in Australia: Final Report, tabled in ...

IFM Investors hits back at MP demanding probe

KANIKA SOOD  |  THURSDAY, 4 JUN 2020
... investigate industry superannuation funds' use of services from businesses related to them, which he termed as vertical integration. Wilson's letter started with a Lonsec report that highlighted about 70% of Hostplus's infrastructure assets were managed ...

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... MP Tim Wilson has written to APRA chair Wayne Byres urging the regulator to conduct an investigation into vertical integration at industry super funds and related conflicts of interest. Wilson, who chairs the House of Representatives' Standing Economics ...

Class action accuses CFS of dodgy insurance fees

ELIZABETH MCARTHUR  |  THURSDAY, 23 JAN 2020
... banks." Jancauskas said CFS and CommInsure were motivated by self-interest, accusing the CBA subsidiaries of vertical integration. "This appears to have been a mutually beneficial arrangement that had the effect of putting profits ahead of people," she ...

Growing advice group in commissions fight

ELIZABETH MCARTHUR  |  THURSDAY, 24 OCT 2019
... with the blessing of the Government that ostensibly set out to wipe-out institutional product pushing and vertical integration."