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Showing 51 - 59 of 59 results for %22Rowena Orr%22

ROYAL COMMISSION: Top stories

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... January 2008 and 30 June 2015. In opening the Royal Commission's inquiry into financial advice, Senior Counsel Assisting Rowena Orr provided a summary of the three submissions made by AMP and related entities. AMP acknowledged it has engaged in conduct ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... the profession is far from earning the public's trust. "We haven't earnt it yet," he told Senior Counsel Assisting Rowena Orr. Ironically, Orr pointed out that Wright's LinkedIn profile describes himself as a "sales professional." The height of the sales ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... brought to tears relaying her experience with a Westpac financial adviser in 2015. Answering to Senior Counsel Assisting Rowena Orr, McDowall explained how she sought the assistance of the Melbourne adviser to implement a retirement income strategy. ...

Advice not yet a real profession: Kell

ALEX BURKE  |  TUESDAY, 17 APR 2018
... Commission, ASIC deputy chair Peter Kell argued financial advice is not yet a profession. Kell told Special Counsel Assisting Rowena Orr that while there are professionals in the industry, "we do not view the industry as a whole as having reached what ...

NAB details serious compliance concerns in RC advice submission

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... a reasonable basis for the advice and failed to act in the best interests of the clients. Special Counsel Assisting Rowena Orr said this included an unspecified number of instances of failing to provide advice tailored to the customers objectives or ...

Commonwealth Bank refunding millions in fees for no service

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... by authorised representatives and financial advisers employed by CBA and related entities, Senior Counsel Assisting Rowena Orr said between July 2007 and June 2015 clients of Commonwealth Financial Planning, BW Financial Advice and Count Financial were ...

ANZ issues last minute RC submission correction

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... Royal Commission over the weekend ahead of the next fortnight's hearings on financial advice. Senior Counsel Assisting Rowena Orr said the Royal Commission was provided with a correction by ANZ on Sunday as to errors made on the number of authorised ...

AMP admits to serious misconduct in RC submissions

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... and 30 June 2015. In opening the Royal Commission's inquiry into financial advice today, Senior Counsel Assisting Rowena Orr provided a summary of the three submissions made by AMP and related entities. Orr said AMP acknowledged it has engaged in ...

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
... amount of content to be reviewed and assembled" within a short timeframe. Senior Counsel Assisting the Commission, Rowena Orr, said several themes of alleged misconduct had already emerged from 385 public submissions including inappropriate financial ...
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