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

Search Results

Showing 31 - 40 of 59 results for "Senior Counsel Assisting"

Adviser regulation lacking a professional body, RC hears

KARREN VERGARA  |  FRIDAY, 27 APR 2018
... yesterday, explaining the professional body aspires to play a bigger role in regulating the industry. Senior Counsel Assisting Rowena Orr unearthed the AFA's passive approach to disciplining and monitoring members' misconduct and why it doesn't ...

MGP responds to Henderson's RC hearing

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... provider through which Maxwell Henderson runs its custom MDA offering. During Henderson's testimony, Senior Counsel Assisting Rowena Orr outlined that about 70% of Henderson Maxwell's total clients and about 84% of its total funds under advice are managed ...

ASIC grilled over negotiating with banks

ALEX BURKE  |  FRIDAY, 27 APR 2018
... its practice of heavily negotiating enforceable undertaking outcomes with financial advice licensees. Senior Counsel Assisting Rowena Orr asked ASIC senior executive leader - financial advisers, Louise Macaulay, why ASIC did this instead of "exercising ...

Advice firm impersonated clients

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... 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 adviser Sam Henderson admitted it was "most likely" ...

Royal Commission grills professional associations

KARREN VERGARA  |  THURSDAY, 26 APR 2018
... wrote a formal complaint to the FPA in March 2017, which until today has not been resolved, De Gori told Senior Counsel Assisting Rowena Orr. He couldn't confirm precisely when it will be resolved other than it was "imminent." Henderson left the FPA ...

High profile adviser under fire

JAMIE WILLIAMSON  |  THURSDAY, 26 APR 2018
... Financial Planning Association of Australia which, almost 12 months later, is yet to be resolved. Asked by Senior Counsel Assisting Rowena Orr why she chose to share her story with the Royal Commission, McKenna said: "As a semi-public person I considered ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... advice from Mr E in November 2016, an authorised representative of AMP Financial Planning, Britt told Senior Counsel Assisting Rowena Orr. Mr E advised the husband to rollover the balances of his TAL and MLC MasterKey superannuation accounts to AMP's ...

Royal Commission singles out 325 NAB staff cutting corners

ALEX BURKE  |  TUESDAY, 24 APR 2018
... Meyn's conduct a serious compliance concern in ASIC's view. Hagger disagreed with this finding and told Senior Counsel Assisting Rowena Orr that he notified Haworth-Booth of this at the time, but that this "confusion" stemmed out of a limited understanding ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
... dealer groups, there's greater diversity and variability in practices and processes, she said. Rixon told Senior Counsel Assisting Rowena Orr that uniformity across ANZ's entire advice network should have been a priority because this not only provides ...

ANZ dragged its heels on adviser misconduct

ALEX BURKE  |  FRIDAY, 20 APR 2018
... Darren Whereat discussed the case study of former RI Advice authorised representative John Doyle with Senior Counsel Assisting Rowena Orr. Despite Whereat attending a meeting in August 2015 and suspending Doyle eight days later - along with commencing ...