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Showing 891 - 900 of 2706 results for "NAB"

Westpac obscured bad adviser reference check

KARREN VERGARA  |  FRIDAY, 20 APR 2018
... of audits and warnings until he left in 2015. One incident included Smith advising 20 of his clients to invest in the same NAB hybrid securities on the same day. BT Financial Advice general manager Michael Wright told Senior Counsel Assisting Rowena ...

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

KANIKA SOOD  |  THURSDAY, 19 APR 2018
... documented annual reviews to clients between May 2013 and April 2016 from four to eight and affected customers from 691 to 813. NAB disclosed it had identified 68 advisers who gave inappropriate advice between 1 January 2009 and 1 January 2018. Westpac's ...

Former Suncorp adviser banned

HARRISON WORLEY  |  WEDNESDAY, 18 APR 2018
... year. The banning of Grubwinkler is the latest in a series of bans applied by the regulator, with the former adviser of a NAB-aligned licensee permanently banned by ASIC for withdrawing money from private client funds for personal and business expenses ...

ASIC hits former NAB adviser with permanent ban

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
ASIC permanently banned an adviser who worked for a NAB-aligned licensee for about a decade. Grant Taylor was the principal of TFG Advice Solutions, an authorised representative of NAB-owned GWM Adviser Services, from 2003 to 2013. During that time ...

MLC launches digital underwriting platform

KANIKA SOOD  |  TUESDAY, 17 APR 2018
... an implementation for Vision Super is currently underway. MLC Life Insurance was formed as a strategic partnership between NAB and Nippon Life Insurance. It is operated by MLC Limited in which NAB holds a 20% share while Nippon Life holds the remaining ...

Yarra Capital executive joins AUI board

KANIKA SOOD  |  TUESDAY, 17 APR 2018
... were in financials and insurance, as at June 2017. It is invested in the big four banks: CBA (8%), ANZ (7%), WestPac (6%) and NAB (6%). AUI added Challenger and Macquaire Atlas Roads Group to its portfolio last year. Dion Hershan's board appointment ...

BTFG platform and investment expert resigns

KARREN VERGARA  |  TUESDAY, 17 APR 2018
... announced its general manager of platforms and investments will leave after 14 years with the firm. It has also appointed NAB's general manager of retail platforms to the role. John Shuttleworth managed BTFG's platforms business since 2008 when the group ...

Banks put revenue above quality advice: FSU

ALEX BURKE  |  MONDAY, 16 APR 2018
... to the heart of poor culture." Follow Financial Standard for ongoing coverage of the financial services Royal Commission: NAB details serious compliance concerns in RC advice submission Commonwealth Bank refunding millions in fees for no service ANZ ...

NAB details serious compliance concerns in RC advice submission

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
In the past nine years NAB has identified about 70 financial advisers giving rise to serious compliance concerns across its wealth division. In its submissions to the Royal Commission, NAB disclosed that between 1 January 2009 and 1 January 2018, it ...

AMP's buyer of last resort measures scrutinised

JAMIE WILLIAMSON  |  MONDAY, 16 APR 2018
... it's not lawful. It's obvious." Follow Financial Standard for ongoing coverage of the financial services Royal Commission: NAB details serious compliance concerns in RC advice submission Commonwealth Bank refunding millions in fees for no service ANZ ...