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Showing 831 - 840 of 1879 results for "Never"

RECAP: Advice in the Royal Commission spotlight (Days 6- 9)

KANIKA SOOD  |  FRIDAY, 27 APR 2018
... that came up in high profile adviser Sam Henderson's testimony on Tuesday, distanced itself from him by saying Henderson never owned more than 0.92% of the MGP shares on issue. See more: ASIC grilled over negotiating with banks MGP responds to Henderson's ...

Advisers react to Royal Commission revelations

JAMIE WILLIAMSON, KARREN VERGARA  |  FRIDAY, 27 APR 2018
... respond to. We are not the 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 ...

Heffron partnership to offer robo-SMSFs

HARRISON WORLEY  |  FRIDAY, 27 APR 2018
... down - breaking through the complexity to achieve simplicity rather than achieving simplicity by pretending the complexity never existed in the first place."

MGP responds to Henderson's RC hearing

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... through the capital raise process prior to listing. Prior to divesting his shares, Mr Henderson's shareholding in MGP was never more than 0.92% of the MGP shares on issue." He added that Henderson has never had any influence over the operation of MGP. ...

Unions lobby super sector to cut big bank, AMP ties

JAMIE WILLIAMSON  |  TUESDAY, 24 APR 2018
... said it is particularly concerned with how long AMP has gotten away with misleading ASIC while charging fees for services never received. "We keep hearing how workers have to work longer to become self-sustaining in retirement, to ease the pressure on ...

ANZ blames systems for inadequate controls: RC

KARREN VERGARA  |  MONDAY, 23 APR 2018
... advisers to achieve customer satisfaction or quality advice couldn't be used instead. Rixon said this was something she never considered or was discussed in the bank, but agreed net promoter scores that measure customer satisfaction would have been feasible ...

RC questions adviser sales tactics

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... pointed out that insurance should still be excluded from potential grandfathering rule changes. Insurance is exempt and was never part of grandfathering arrangements for fear of underinsurance risks, he said, adding the legislated Life Insurance Framework ...

Royal Commission case study: advice put retirement in ruins

JAMIE WILLIAMSON  |  THURSDAY, 19 APR 2018
... $200,000. Through tears, McDowall told the Commission: "There was no way we could have done that strategy because we were never going to be able to afford anything. The adviser said we could still buy an investment property. We sold our family home on ...

Robo-advice on the rise but no replacement

JAMIE WILLIAMSON, KARREN VERGARA  |  WEDNESDAY, 18 APR 2018
... for increasing consumer accessibility to financial advice, but Investment Trends data and adviser insight suggests it will never be a panacea. Latest Investment Trends research shows adoption of robo-advice in Australia is dominated by younger demographics ...

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
The US consumer is back...and with a vengeance. Retail sales rebounded by a higher than expected 0.6% in the month of March following three consecutive months of declines - 0.1% in December, -0.2% in January, -0.1% in February - that took the annual ...