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Showing 901 - 910 of 2505 results for "Legal"

Former ANZ adviser banned

ELIZA BAVIN  |  TUESDAY, 24 MAR 2020
... existing products to meet their ongoing insurance needs," ASIC said. The regulator stressed that financial advisers have a legal obligation to act in the best interests of their clients when providing personal advice. "This includes taking reasonable ...

AMP director retires

ALLY SELBY  |  MONDAY, 23 MAR 2020
... firm). Previously, Harmos spent seven years as the chair of New Zealand's stock exchange. AMP chair David Murray said Harmos' legal and corporate governance experience had been crucial during the transitionary period following the Royal Commission. "Andrew ...

UK asset manager acquires stake in retirement funder

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
... 20% stake in a local specialised retirement funder. Household Capital announced the completion of series B financing with Legal & General. Existing and new investors joined Legal & General in the financing, which takes the total amount of equity capital ...

Major firms criticised for substandard RI approach

HARRISON WORLEY  |  TUESDAY, 10 MAR 2020
... asset managers who the organisation believes are leading the way among their peers. Robeco, BNP Paribas Asset Management, Legal & General Investment Management, APG and Aviva all earned themselves ratings of A in the 2020 survey. Robeco topped the list ...

Gender diversity remains static, women still disadvantaged

ALLY SELBY  |  TUESDAY, 3 MAR 2020
... shareholder engagement-boards may increasingly look beyond the C-suite to fill seats, seeking candidates with academic, legal, or government experience, and other relevant professional backgrounds," Morningstar said. "That would enhance diversity of ...

Evans Dixon slashes staff

ALLY SELBY  |  THURSDAY, 27 FEB 2020
... argues these cuts had "minimal impact on client-facing operations". Despite this, Evans Dixon's investment in compliance, legal and professional development was up $1.1 million in the first half. Net revenue in the firm's wealth advice business ...

Sargon clouds OneVue results

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
... with the data provided to OneVue and its advisers during the due diligence process we will enforce the full extent of our legal rights," she said. She said Madison Financial Group has had a "very high level of genuine interest" in the sales process that ...

IOOF faces new class action

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... to participate in the class action. A spokesperson from IOOF said: "IOOF does not comment on the speculative actions of legal firms that are seeking expressions of interest from IOOF shareholders in joining a potential class action." This comes after ...

Blockchain startup raises $68m, ordered to return funds

ALLY SELBY  |  FRIDAY, 21 FEB 2020
... register the ICO tokens as securities as per federal security laws and the ICO did not qualify for an exemption from these legal requirements. Enigma has agreed to return the funds from the sold ENG Tokens to investors through a claims process and will ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... are in the client's best interests. ASIC said its proposed guidance will help the country's mortgage brokers to meet these legal obligations. "ASIC's proposed guidance will assist mortgage brokers to comply with these new legal obligations by setting ...