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Showing 921 - 930 of 2506 results for "Legal"

AMP to pay $5m for churn

JAMIE WILLIAMSON  |  WEDNESDAY, 5 FEB 2020
... of Panganiban's conduct, it was necessary for AMP to ascertain the extent of breaches by other advisers to meet its legal obligations. AMP failed to do so, and the court said: "The lack of an effective response is an illustration of how badly things ...

Corrupt adviser banned, AFSL canned

ALLY SELBY  |  TUESDAY, 4 FEB 2020
... or the most suitable options for their circumstances within such a short timeframe," it said. "Financial advisers have a legal obligation to act in the best interests of their clients when providing personal advice. "This includes taking reasonable steps ...

Dealer group restructures leadership

ELIZABETH MCARTHUR  |  TUESDAY, 4 FEB 2020
... four new senior positions have been established to lead the dealer group - general manager, operations; general manager, legal and compliance; head of compliance - policy and regulatory and head of compliance - advice assurance. The two new heads of ...

The PDS is weak: Rice Warner

ELIZABETH MCARTHUR  |  MONDAY, 3 FEB 2020
... disclosure," Rice Warner said. "Financial institutions and superannuation funds have used legalese to respond to their statutory legal requirements and regulators' guidelines." The delivery of financial advice and the shifts in Australians' understanding ...

Former CFS GAM head in new venture

ELIZABETH MCARTHUR  |  FRIDAY, 31 JAN 2020
... level of functionality and reach, Berrutti and his team are hoping to raise $250,000. MinterEllison is providing pro-bono legal support for the venture.

BlackRock appoints new chief operating officer

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... of public policy role. Before joining BlackRock, Telfer spent eight and a half years at Challenger where she was senior legal counsel and director of specialised product development. Earlier in her career, Telfer worked at King & Wood Mallesons and Blake ...

American private debt fund eyes Australia

KANIKA SOOD  |  THURSDAY, 23 JAN 2020
... lending to financial services companies, focused on consumers, small businesses, point of sales finance, insurance, payments, legal finance. It was an early lender to homegrown zipMoney. The firm invests in shorter duration, non-syndicated, primarily ...

Westpac appoints new chair

ELIZA BAVIN  |  THURSDAY, 23 JAN 2020
... implements its response plan for the AUSTRAC statement of claim," Maxsted said. The appointment comes after AUSTRAC launched legal proceedings against the bank, alleged 23 million breaches of the anti-money laundering and anti-terrorism laws. The scandal ...

Super fund names new chief investment officer

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2020
The chief investment officer from Media Super has jumped ship to take on the same role at another industry fund. Legalsuper announced Norman Zhang will commence as the fund's new chief investment officer at the beginning of March this year. Just yesterday ...

HESTA names chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 16 JAN 2020
... brings a unique perspective to his new role, drawing on his extensive investment expertise in unlisted assets and strong legal background, as a practicing solicitor in both private practice and in-house role early in his career," Blakey said. Blakey ...