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

Search Results

Showing 21 - 26 of 26 results for "Senior Counsel Assisting Michael Hodge"

AMP platform fees laid bare

KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... to call AMP's call centre, which would then be carried out by the operations team. When Senior Counsel Assisting Michael Hodge asked if there was any reason why AMP couldn't do more to facilitate the legislative rules and make it easier for clients to ...

Outgoing CEO name removed from critical AMP report draft

ALEX BURKE  |  TUESDAY, 17 APR 2018
... chief executive Craig Meller's name from a draft of a critical report about the business. Senior Counsel Assisting Michael Hodge referred to the Clayon Utz report prepared about misconduct in the advice business. He took AMP advice head Anthony Regan ...

No view on ending adviser commissions: AMP

ALEX BURKE  |  TUESDAY, 17 APR 2018
... cessation of the commission-based adviser remuneration model, despite personal reservations. Senior Counsel Assisting Michael Hodge asked Regan whether AMP had formulated a view on whether it would be appropriate for planners to only charge fees-for-service ...

AMP deliberately misled ASIC over ongoing fees

ALEX BURKE  |  TUESDAY, 17 APR 2018
... deliberately misled ASIC over ongoing fees-for-no-service policies on multiple occasions. Senior Counsel Assisting Michael Hodge singled out AMP's 90-day exception rule, whereby the business would continue to charge clients fees while they had been transitioned ...

AMP's buyer of last resort measures scrutinised

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... With sales under BOLR measures generally valued at four times rolling business revenue, Senior Counsel Assisting Michael Hodge said: "You would only be paid the multiplier on revenue or indeed paid anything if that client's products were on the APSL." ...

AMP executive 'apologises' for advice failings

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... financial advice. In questioning AMP group executive, advice and New Zealand Anthony Regan, Senior Counsel Assisting Michael Hodge read out an apology that Regan included in his written testimony. "I apologise unreservedly for the failures in respect ...
PAGE:
3