Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

News

regulation

20 April 2018 • By Tim Stewart • 1 min read

Our advice supervision ‘failed’: Westpac

Westpac has admitted its system for monitoring its salaried advisers failed as the royal commission heard evidence from an aggrieved customer of the ...

READ MORE
icon

CFSGAM to appoint John Mulcahy as chairman

Former Suncorp chief executive and Future Fund board founding member John Mulcahy will be chairman of Colonial First State Global Asset Management ...

READ MORE
icon

Stay calm amid royal commission storm: Morningstar

Findings from the banking royal commission may cause short-term falls in share prices, but investors should not get too rattled, says Morningstar

READ MORE
icon

Former ASIC lawyer joins Baker McKenzie

Law firm Baker McKenzie has appointed a former ASIC policy lawyer and JP Morgan executive Alan Darwin to the role of special counsel for its financial ...

READ MORE
icon

ASIC has ‘confidence’ of treasurer post-RC

The revelations that AMP has provided false statements to ASIC over a number of years has not dented the federal treasurer’s faith in the corporate ...

READ MORE
icon

Colonial First State to revisit ‘dealer terms’

Under cross-examination at the royal commission, Colonial First State executive general manager Linda Elkins has suggested the wealth manager may make ...

READ MORE
icon

AMP refuses to cut fees on ‘red’ rated platforms

AMP has admitted to the royal commission it failed to reprice investment products that its internal benchmarking identified as being ‘uncompetitive’ ...

READ MORE
icon

Netwealth funds under admin reaches $16bn

Non-bank platform provider Netwealth's funds under administration has hit $16 billion thanks to net fund flows of $879 million, according to its ...

READ MORE
icon

AMP admits it misled ASIC 20 times

AMP's share price took a battering yesterday as the company admitted it made at least 20 "false and misleading" statements to ASIC over the past seven ...

READ MORE
icon

BT appoints new platforms boss

BT Financial Group has appointed former NAB executive Kathy Vincent to the role of general manager of platforms and investments, replacing John ...

READ MORE