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24 April 2018 • By Tim Stewart • 1 min read

False witnessing was 'widespread' at NAB

The royal commission has heard that NAB financial planners routinely falsified client signatures on binding nomination forms, believing it to be ...

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AMP ‘caught by surprise’ by bad advice

AMP has failed to notify and remediate clients who received inappropriate advice more than a year ago, the royal commission has heard. Appearing ...

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ANZ admits adviser monitoring 'unacceptable'

The adviser monitoring and supervision practices at RI Advice, recently sold to IOOF by ANZ, has been revealed to be inadequate at royal commission ...

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Clayton Utz rejects AMP review concerns

Commercial law firm Clayton Utz has defended its reputation in light of royal commission evidence that it may have colluded with AMP in providing ...

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Shareholder class action looms for AMP

A global law firm is investigating a potential class action lawsuit against AMP after the company's share price dropped last week during royal ...

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Centuria appoints head of bonds division

Investment manager Centuria Capital Group has promoted its head of sales and marketing to head up Centuria Life, its investment bond business

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Moelis makes key distribution hires

Moelis Australia has announced changes to its asset management distribution team, with three new recruits joining the financial services firm

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FSC backs corporate criminal penalties

The Financial Services Council has welcomed the government’s decision to increase civil and criminal penalties for misconduct in the wake of the royal ...

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BT considered ending ‘share of revenue’

Westpac/BT toyed with the idea of removing revenue from its salaried planners’ remuneration but ultimately rejected the idea, the royal commission has ...

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Facebook, Google tarnishing tech stocks

Anti-competition concerns about the dominance of tech giants like Facebook and Google parent Alphabet are casting a shadow over sector, says a ...

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