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Showing 911 - 920 of 1020 results for "Inquiry"

Market Wrap - Morning

AAP  |  THURSDAY, 14 JAN 2010
... Dimon, Morgan Stanley Chairman John Mack and Bank of American Corp CEO Brian Moynihan appeared before the Financial Crisis Inquiry Commission, at the first meeting of the bipartisan, 10-member panel, which is investigating the near collapse of the financial ...

Securitor adds planners and expands research

MICHAEL HOBBS  |  WEDNESDAY, 9 DEC 2009
... Younger said the Securitor network is well positioned whatever the government chooses to implement following the Ripoll Inquiry, as most of their planners use a fee for service remuneration model. "We haven't felt the need to go and make [mandate a change ...

Ripoll rules but confusion reigns

ALEX DUNNIN  |  WEDNESDAY, 2 DEC 2009
... with limited bank products [on their product lists]. Will the banks lobby strongly against this?" "In summary, the Ripoll Inquiry's recommendations are very short on reasoning and detail and suggest a political imperative rather than a focus on practical ...

Advisers want to keep commissions: research

COMPANY RELEASE  |  MONDAY, 30 NOV 2009
... according to research from CoreData that polled over 200 advisers and practice principals. Following the release of the Ripoll Inquiry earlier this month, the research, which was conducted last week, found almost two thirds of respondents disagreed that ...

Planners brace for fiduciary revolution

ALEX DUNNIN  |  TUESDAY, 24 NOV 2009
... assume fiduciary responsibility and expanded duty of care provisions to act in their clients best interests. Indeed the Inquiry expressed dismay that advisers did not already have this requirement. "There is no reason why advisers should not be required ...

Ripoll heats up sales or advice debate

RUTH LIEW  |  TUESDAY, 24 NOV 2009
... financial planners sales professionals or do they advice clients to use products that best suit their needs? The Ripoll Inquiry has taken a serious look at where planners' allegiances lie. In fact, the Inquiry has put the spotlight on the elephant in ...

Lessons learned from Opes Prime

RUTH LIEW  |  TUESDAY, 24 NOV 2009
From selling sophisticated products to retail investors to ineffective disclosure, the Ripoll Inquiry has investigated the factors that fuelled the failure of Opes Prime - and outlined what needs to be done to prevent future disasters. One of the biggest ...

PJC points finger at Storm model

MICHAEL HOBBS  |  TUESDAY, 24 NOV 2009
... market volatility are also deeply troubling," the report said. The PJC also acknowledges the limitations of the committee's inquiry into Storm Financial. The committee received submissions from Storm Financial clients, former staff of Storm and the Commonwealth ...

Giant leap for super advice

MICHELLE BALTAZAR  |  TUESDAY, 17 NOV 2009
... commission-based fees. The new Charter took nearly a year in consultation and was ratified ahead of recommendations from the Ripoll Inquiry on the quality of financial advice following the Storm collapse, and the Cooper Review on the cost of investments ...

MLC appoints Gupta to board

COMPANY RELEASE  |  THURSDAY, 12 NOV 2009
... Investors, Murdoch Books and Quintessence Labs. His appointment follows MLC's submission to the Parliamentary Joint Committee Inquiry into Financial Services and Products, which said licensee boards of affiliated businesses should comprise of majority ...