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Showing 651 - 660 of 1585 results for "Light"

First Super to vote against AMP board

ALEX BURKE  |  FRIDAY, 27 APR 2018
... Watson said. Watson argued that the actions of AMP management and "atrocious governance failings that have recently come to light has had real world consequences for millions of hard working Australians." "Shareholder value has been destroyed with the ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
... advisers who do the wrong thing. We are not the paraplanner who signed off on something that should never have seen the light of day. We are not the person who lied to the regulator multiple times. We are not the consultant who doctored an independent ...

IOOF updates market on ANZ wealth sale

KARREN VERGARA  |  TUESDAY, 24 APR 2018
IOOF gave shareholders an update on its ANZ Wealth acquisition in light of the banking Royal Commission. ANZ announced in September 2017 it will divest OnePath's pension and investments and four aligned dealer groups to IOOF for $975 million. IOOF's ...

AMP kept unsuspecting clients in the dark: RC

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... "robust system" of detecting and terminating inappropriate advice. AMP has not changed any of its standards and procedures in light of Mr E's case, she noted. Orr asked why AMP hasn't yet compensated the clients - let alone initiated investigations or ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... Australian Council of Trade Unions is calling on industry superannuation funds to review partnerships with the big banks in light of issues exposed at the financial services Royal Commission. In a letter to industry fund chief executives, ACTU secretary ...

XTB launches ESG fixed income portfolio

KANIKA SOOD  |  MONDAY, 23 APR 2018
... greater returns than term deposits, with the added convenience of daily liquidity through ASX trading." The portfolio is a 'light green' ESG portfolio that has the broadest selection criteria, as opposed to "dark green" ESG selection criteria that is ...

Government targeted for delaying Royal Commission

ALEX BURKE  |  FRIDAY, 20 APR 2018
... racket." It's hard to imagine anyone sensitive to their own best interests using a planner associated with a major Oz bank in light of revelations at the Royal Commission. Raises serious questions of integrity for vertically integrated offerings in other ...

RECAP: Advice in the Royal Commission spotlight (Day 4 and 5)

KANIKA SOOD  |  FRIDAY, 20 APR 2018
... Commission to boost ETFs: VanEck Royal Commission must be extended: FSU April 19: The human cost of bad financial advice comes to light The day's proceedings got a human touch when a former Westpac advice customer Jacqueline McDowall broke down while ...

ROYAL COMMISSION: Top stories

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... days. AMP platform fees laid bare Several gaping holes in AMP's fee charging mechanisms across its platforms were brought to light`, as well as its inaction to comply with the legislative changes concerning opt-in financial advice fees. AMP head of platform ...

Government ramps up ASIC powers

ALEX BURKE  |  FRIDAY, 20 APR 2018
In light of the Royal Commission, the Turnbull Government has increased criminal and civil penalties for corporate misconduct and boosted ASIC's surveillance powers. Treasurer Scott Morrison and Minister for Revenue and Financial Services Kelly O'Dwyer ...