Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 33 results for "Neil Macdonald"

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... in it that prohibits them from joining the current open class action. The Advisers Association chief executive Neil Macdonald said he became aware of a new clause in AMP's deeds of release a couple of weeks ago. Macdonald said AMP advisers have always ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... facing two other class actions. Speaking to Financial Standard, The Advisers Association (TAA) chief executive Neil Macdonald said its AMPFP members are relieved the action has been filed. "A lot of our members are just shattered, essentially. It's ...

New appointment to TAA board

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... and skills in financial planning business management are a welcome addition to the board," TAA chief executive Neil Macdonald said. "The board is very much looking forward to working with Jennifer to help us deliver on our intent to represent, protect ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... conversations without having one or both of their arms tied behind their backs in terms of how they can help clients." Neil Macdonald, chief executive of The Advisers Association, said that advisers are operating under a very heavy load at the moment ...

Advice groups criticise rushed legislation

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
... the legislation "rushed" and said it was likely to result in poorer outcomes for Australians. TAA chief executive Neil Macdonald said: "We are very concerned that rushed legislation may result in poorer outcomes for everyday Australians." TAA made a ...

De Ferrari unaware of legal action

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
... is anticipating a class action will be filed on behalf of its members later this month. AMPFPA chief executive Neil Macdonald told Financial Standard law firm Corrs has been speaking to advisers who have expressed interest in quantifying their losses ...

AMPFPA action progresses, associations merge

JAMIE WILLIAMSON  |  WEDNESDAY, 12 FEB 2020
... gears up to merge with the Hillross Advisers Association. Speaking to Financial Standard, AMPFPA chief executive Neil Macdonald said the filing of the action was delayed by a High Court decision in December around how class actions are funded, requiring ...

AMP extends adviser deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 30 OCT 2019
... It also follows a request by the AMPFPA to ensure its members were adequately informed. AMPFPA chief executive Neil Macdonald told Financial Standard typical areas of concern to advisers included clarification of AMP FP's comments on consideration ...

AMPFPA selects law firm

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2019
... a number of tier one law firms, we believe Corrs meets the criteria our members wanted," AMPFPA chief executive Neil Macdonald said. In August this year, the AMPFPA surveyed its members as to the appetite for pursuing legal action; more than 93% of respondents ...

AMP advisers prepare for battle

JAMIE WILLIAMSON  |  FRIDAY, 13 SEP 2019
... AMP's Buyer of Last Resort terms. Having canvassed legal firms and potential funders, AMPFPA chief executive Neil Macdonald said members intend to hold AMP accountable for the "severe financial, reputational and psychological harm it is inflicting ...