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Showing 21 - 30 of 83 results for "Vertical integration"

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... have been paying; completely ineffective in changing FSR, FOFA, industry funds, MySuper, TASA, banks' vertical integration and product flogging, LIF, FASEA, dealer fees, PI costs and a host of other issues have been left unchallenged, including the ...

Purdue bankruptcy vindicates ESG screens

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
... billion to the trust. Purdue allegedly had plans to acquire a methadone business which it viewed as a kind of vertical integration for users of OxyContin. Purdue chair Steve Miller said: "This settlement framework avoids wasting hundreds of millions ...

US bonds present ESG problem

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
... corporate bonds. Purdue allegedly had plans to acquire a methadone business which it viewed as a kind of vertical integration for users of OxyContin. The company has been fined for mislabelling OxyContin and continues to battle a slew of lawsuits. "Some ...

Self-licensing trend boosts ClearView offering

ELIZABETH MCARTHUR  |  TUESDAY, 25 JUN 2019
... obligations. LaVista chief executive Mike Pope points to the increased focus on professionalism and the breakdown of vertical integration as well as the brand damage institutionally-aligned groups have suffered from the Royal Commission as being the ...

Super funds can spearhead infrastructure: Expert

HARRISON WORLEY  |  WEDNESDAY, 29 MAY 2019
... and butter," Ong said. Thomas added he found it interesting that the banking Royal Commission peered into vertical integration but chose not to outlaw it. "I think it was interesting that the Royal Commission looked at vertical integration and kicked ...

Hard times ahead for platforms

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
... leakage to independent platforms, retail super outflows and administration fee cuts. "As the foundations of vertical integration give way, major platforms are shedding FUA at an increasing rate as advisers turn to more contemporary and independent platform ...

No single solution for advice: CFA

HARRISON WORLEY  |  TUESDAY, 14 MAY 2019
... party is in government post May 18." CFA Societies Australia chief executive Lisa Carroll added a ban on vertical integration was not yet warranted - although customers should be made aware of the relationship between advisers and product providers. ...

Banks push to leave vertical integration on the table

HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... direction for some time, Australia's banks want to leave the door ajar for a return to the much maligned vertical integration model. As the Senate Standing Committees on Economics probe a Pauline Hanson bill looking to forcefully separate deposit taking ...

Financial advice exit a boon for the industry: Poll

KARREN VERGARA  |  MONDAY, 8 APR 2019
... handing down the banking Royal Commission final report, Commissioner Kenneth Hayne stopped short of dismantling vertical integration. Hayne said the forced separation of financial advice and companies that sell and manufacture financial products "involved ...

NFP intra-fund advice is not a distribution channel

KARREN VERGARA  |  WEDNESDAY, 3 APR 2019
... via not-for-profit superannuation funds should not be tainted as a result of discussions about dismantling vertical integration. This is according to Industry Fund Services chief executive Cath Bowtell, who said financial advice provided through profit-to-member ...