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Superannuation
A number of corporate superannuation mandates may change hands if particular companies are named and shamed in the Royal Commission’s final report, with serious contingen...
Financial planning
Australians suffering from financial stress have had a significant impact on the economy, with businesses suffering an estimated $31.1 billion loss in revenue, according ...
People & Products
Powerwrap Limited has appointed founder and chief executive of Quadrant 2 Consulting, and former AMP executive, Donna Hardman to its board as a non-executive director....
Financial planning
The Australian Securities and Investments Commission is seeking court backing to force law firm Clayton Utz to produce documents at the heart of fee for no service allega...
Life/Risk
AMP Life has told advisers it will no longer be accepting applications from customers into a standalone version of AMP Elevate from 31 January, next year, in the wake of ...
People & Products
OneVue has bolstered its cybersecurity team with the appointment of a chief information officer. ...
People & Products
Copia Investment Partners has announced the appointment of Mani Papakonstantinos to the role of distribution manager covering Victoria and Western Australia....
Financial planning
AMP Limited’s new chief executive, Francesco De Ferrari has cited reviewing the firm’s business model as his first priority....
Funds management
The Australian Securities Exchange has failed to protect the rights of investors, according to fund manager Allan Gray....
People & Products
Big retailing industry superannuation fund REST has confirmed it will soon be announcing the names of those to fill newly-created group executive roles following the exit...
Policy & Regulation
AMP Limited has made clear it is provisioning substantially less than the $1.185 billion mentioned during the Royal Commission for client remediation....
Financial planning
AMP Limited acting chief executive, Mike Wilkins has confirmed the firm is facing more fees for no service remediation challenges after discovering new breaches as recent...
Superannuation
The Royal Commission has heard that the time-table attaching to the AMP superannuation fund boards’ decision to cut MySuper fees by 50 basis points was devised elsewhere ...
Financial planning
AMP’s chief executive, Michael Wilkins, has told the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry that education has be...
Financial planning
Royal Commissioner, Kenneth Hayne has questioned whether individual licensing might be a means of ‘rolling bad apple’ advisers moving between licensees....
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MARKET INSIGHTS
Podcast
So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...
This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...
So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...