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Showing 1 - 10 of 19 results for "Neil Macdonald"

The next 20 years in Aussie ETFs

KANIKA SOOD  |  THURSDAY, 26 AUG 2021
State Street's head of the asset manager segment in Asia Pacific Neil Macdonald says active ETFs, thematic products and ESG will dominate the ETF industry in the years to come. Macdonald joined State Street earlier this year from KPMG, and now works ...

AMP shakes up advice service model

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 26 JUL 2021
... said that proposed valuations of about 2.5 times recurring revenue devalued their business. AMPFPA chief executive Neil Macdonald said at the time that, under contract, AMP must consult with financial advisers when considering changes to terms in addition ...

State Street appoints APAC head of asset managers

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... State Street has hired from KPMG to fill the newly created role of head of asset managers segment, Asia Pacific. Neil Macdonald will join the role effective May 14. He will lead State Street's engagement strategy for asset manager clients in Asia ...

Banks should pay advice exit levy: TAA

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... exit fee of $7400 per adviser for banks and institutions that are getting out of the sector. TAA chief executive Neil Macdonald said the ASIC levy is only being charged to those who are choosing to remain in the industry. "By exiting advice, the major ...

AMP adviser numbers shrivel

ELIZABETH MCARTHUR  |  TUESDAY, 12 JAN 2021
... gave notice to that they were terminating, so it's not a surprise," The Advisers Association chief executive Neil Macdonald told Financial Standard last month. He explained that the practices terminated by AMP were typically single-planner businesses ...

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... most advisers of any AFSL this year, with 323 departing between January and December. The Advisers' Association Neil Macdonald said there are many reasons behind the exodus. "From an AMP perspective, they changed the terms last year and terminated a ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... in it that prohibits them from joining the current open class action. The Advisers Association chief executive Neil Macdonald said he became aware of a new clause in AMP's deeds of release a couple of weeks ago. Macdonald said AMP advisers have always ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... facing two other class actions. Speaking to Financial Standard, The Advisers Association (TAA) chief executive Neil Macdonald said its AMPFP members are relieved the action has been filed. "A lot of our members are just shattered, essentially. It's ...

New appointment to TAA board

ELIZABETH MCARTHUR  |  THURSDAY, 2 JUL 2020
... and skills in financial planning business management are a welcome addition to the board," TAA chief executive Neil Macdonald said. "The board is very much looking forward to working with Jennifer to help us deliver on our intent to represent, protect ...

Could relief on advice compliance save consumers?

ELIZABETH MCARTHUR  |  THURSDAY, 2 APR 2020
... conversations without having one or both of their arms tied behind their backs in terms of how they can help clients." Neil Macdonald, chief executive of The Advisers Association, said that advisers are operating under a very heavy load at the moment ...
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