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

Search Results

Showing 61 - 70 of 112 results for "Clayton"

Meller to leave AMP immediately

JAMIE WILLIAMSON  |  FRIDAY, 20 APR 2018
... submission to the Royal Commission in response to the issues raised and will include discussion of the independence of Clayton Utz's report. Meller said he was honoured to have served as chief executive and is personally devastated by the issues publicised ...

RECAP: Advice in the Royal Commission spotlight (Days 1 - 3)

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... AMP's question time Hodge presented evidence where AMP asked outgoing chief executive Craig Meller to be removed from Clayton Utz's independent report about misconduct in AMP's advice business. AMP charged clients fees for 90 days after they had been ...

Outgoing CEO name removed from critical AMP report draft

ALEX BURKE  |  TUESDAY, 17 APR 2018
The Royal Commission revealed today that AMP's law firm, Clayton Utz, removed outgoing chief executive Craig Meller's name from a draft of a critical report about the business. Senior Counsel Assisting Michael Hodge referred to the Clayon Utz report ...

AMP deliberately misled ASIC over ongoing fees

ALEX BURKE  |  TUESDAY, 17 APR 2018
... on throughout the period after 2015," Hodge said. "Yes, I think that's correct," Regan responded. Hodge said based on a Clayton Utz report, AMP formulated a view to describe the 90-day rule as an "administrative issue" to ASIC, rather than compensation ...

Former FPA chief steps down from board

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
... current role, Bowd was head of secretariat and board governance at ANZ Wealth and also served as a senior associate at Clayton Utz for eight years. She has been an officer of the Australian Army since 1997. Kendall said he is very pleased to be welcoming ...

SEC cracks down on fee transparency

KARREN VERGARA  |  FRIDAY, 9 FEB 2018
... those aspects of securities firms posing risks to investors and the proper functioning of capital markets. SEC chair Jay Clayton said: "I appreciate OCIE's dedication to maximising the effectiveness of their resources with a keen eye toward asset verification ...

Former advice dealer group chief executive surfaces

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2018
... Chase Corporate Advisory this week, focused on growing the firm's Melbourne office alongside advisory board chair, former Clayton Utz chief executive David Fagan. Fernandez brings more than 25 years' experience in the financial services industry, most ...

IOOF appoints new asset consultant

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2017
... capability to support IOOF in delivering on their clients' needs. Mercer Investments' Melbourne-based team of principal Clayton Sills, head of dynamic asset allocation for Australia and New Zealand David Stuart, and investment consultant Denis Walsh ...

MLC appoints claims chief from AIA

ALEX BURKE  |  TUESDAY, 20 JUN 2017
... chief group insurance officer, chief operating officer and general counsel. She has also held legal positions at ASIC and Clayton Utz. In her new role, she will oversee MLC Life's 350-member claims team as they implement new claims handling technology ...

Robo-advisers expected to meet fiduciary rule

ALEX DUNNIN  |  FRIDAY, 16 JUN 2017
... human advisers, the US Securities and Exchange Commission has said. According to reports the new chairman of the SEC, Jay Clayton, is directing the SEC Division of Investment Management - in co-ordination with the Staff of the Office of Compliance Inspections ...