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Showing 391 - 400 of 780 results for "Daniel"

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... supervision processes within its advice network and introduced stronger measures to protect clients. ASIC deputy chair Daniel Crennan said the regulator had a strong case against AMP. "We now have a decision from the court which agrees with ASIC's ...

Phillip Kingston resigns from GrowthOps board

KANIKA SOOD  |  WEDNESDAY, 5 FEB 2020
... and managers to asses the overall position with respect to Sargon. OneVue (ASX:OVH) has appointed PwC's Chris Hill and Daniel Walley as receivers and managers, after EY was appointed as voluntary administrators to at Sargon-related companies. "[The EY ...

Ponzi scheme rakes in almost $1.5bn

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
... fund a "lavish lifestyle" which included a stake in a private jet service, 150 luxury sports cars and multiple properties. Daniel Michael, chief of the complex financial instruments unit of the SEC's enforcement division said that while the Carpoffs' ...

Fraudulent adviser cops ban, jail time

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
A financial adviser from the NSW town of Valentine has been permanently banned for making false statements to clients and misappropriating funds. Nicholas Ellis was sentenced to three years in prison in October last year but has only now been permanently ...

Meet the Sydney boutique beating Magellan's returns

KANIKA SOOD  |  FRIDAY, 24 JAN 2020
... the investment team's performance and the fundraising. The latter is overseen by another Evans and Partners alumni, Daniel Micallef who is a co-founder and a business development manager at Aoris. On the way, it hit profitability. However, the boutique ...

Why women struggle in financial advice

ELIZABETH MCARTHUR  |  THURSDAY, 16 JAN 2020
... however for a female adviser they are often a negative experience, and the women prefer to network in other ways." RMIT's Daniel Richards suggested one of the big factors that will help women break into the advice industry will be them finding the ...

ASIC confirms SMSF negative returns

ELIZA BAVIN  |  TUESDAY, 14 JAN 2020
The Australian Securities and Investment Commission has told the House of Representatives Standing Committee on Economics that SMSF's below $200,000 have a negative return on assets. Providing the most recent data from the ATO, ASIC answered the question ...

AMP to cull super trustee, five funds

HARRISON WORLEY  |  THURSDAY, 9 JAN 2020
... administration, product development and related services. AMP's response came on the back of a question from Victorian Labor MP Daniel Mulino, who asked the wealth manager to demonstrate how its fundamental relationships had shifted since the Royal Commission ...

Westpac to pay $9.5m for Corps Act breaches

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2019
... failures to observe its duties. The court has found that Westpac contravened the law in this regard," ASIC deputy chair Daniel Crennan said. Wigney added that for four couples, it was subsequently discovered that the recommendations that Sinha had made ...

No joy in the advice world this Christmas

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 DEC 2019
Frustration and despair will be the main course for financial advisers this Christmas, says financial services veteran. The Christmas season may potentially be the catalyst for action by exhausted advisers who are feeling physically, financially and ...