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Showing 3151 - 3160 of 6884 results for "Act2"

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 ...

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 ...

Advice firm impersonated clients

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
A prominent financial adviser conceded a series of phone calls in which a staffer impersonated a client may have been at his direction. Questioned by Senior Counsel Assisting Rowena Orr on Tuesday, Henderson Maxwell chief executive and senior financial ...

Chief economist update: View from the National Farmers' Federation

BENJAMIN ONG  |  TUESDAY, 24 APR 2018
I'd like to thank National Farmers' Federation (NFF) general manager, trade and economics, Scott Kompo-Harms for taking time to respond to my piece on the Australian agriculture industry published on this page yesterday titled, " Malcolm puts agriculture ...

Royal Commission presents clear downside for bank stocks

ALEX BURKE  |  MONDAY, 23 APR 2018
Findings from the Royal Commission, and the possible increased regulation that will emerge as a result, have weakened the investment case for Australia's banking sector. Research from Credit Suisse analysts Jarrod Martin and Brendon Ferreira suggests ...

ANZ dragged its heels on adviser misconduct

ALEX BURKE  |  FRIDAY, 20 APR 2018
The former chief executive of ANZ-aligned RI Advice told the Royal Commission the group took "too long to act" on adviser misconduct. Darren Whereat discussed the case study of former RI Advice authorised representative John Doyle with Senior Counsel ...

ROYAL COMMISSION: Top stories

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
Missed something? Here's a recap of the most read stories to come out of the first week of the Royal Commission's inquiry into financial advice. AMP admits to serious misconduct in RC submissions AMP acknowledged hundreds of instances of misconduct ...

US regulator to extend fiduciary rule

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
The financial services regulator in the United States is broadening the scope of the proposed fiduciary duty to combat conflicted investment advice and mitigate confusion around the differing standards to which different industry professionals are held. ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. Treasurer Scott Morrison and Minister for Revenue and Financial Services Kelly O'Dwyer ...