annual general meeting

Funds management

The key themes coming out of annual general meetings have environmental, social, and governance undertones, according to Martin Currie....

Financial planning

Westpac pledges three streamed approach to rectifying AUSTRAC scandal

The bank’s chief executive told its annual general meeting that it would recruit 200 people in compliance and financial crime areas....

Funds management

AMP shareholder calls for Murray’s head over share price plummet

An AMP shareholder has called on other shareholders to reject the company chair, David Murray’s, election bid at next month’s AGM, saying that AMP’s decision to divest fr...

Financial planning

We didn’t recognise planning risks says Westpac

Westpac has admitted that it did not fully appreciate the underlying risks entailed in running a financial planning business....

Life/Risk

Freedom’s woes continue with CEO, board resignations

Within two months of the Banking Royal Commission’s insurance hearings decimating Freedom Insurance, its chief executive, Craig Orton, has announced he will step down for...

Financial planning

ACSI scrutinises zero women board companies

More than 30 ASX 200 companies do not have any females at board level and ACSI has been placing them under the microscope in the lead up to the 2015 annual meeting season...

Financial planning

Macquarie says 80 clients to receive compensation so far

Macquarie Group will compensate 80 clients, or around 13 per cent of cases reviewed in its client remediation work, but more may follow....

Financial planning

Macquarie Equities completes EU with reduced adviser numbers

Macquarie Equities Limited has completed the two year term of its enforceable undertaking reducing it adviser numbers in Macquarie Private Wealth by 25 per cent....

Financial planning

CBA explains why it outsourced remediation program

The CBA has used its AGM to stress the "vigour" with which it approached its recently-launched advice remediation program, admitting it responded far too slowly to consum...

Superannuation

Industry fund takes stand on CBA board members

An industry super fund representing the timber trade says it will use the CBA’s AGM to oppose the re-election of two CBA board members who served during the advice scanda...

Financial planning

Macquarie posts solid half year results

The Macquarie Group has announced a $678 million half year profit with its banking and financial services and managed funds business contributing heavily to the group’s p...

Superannuation

Deferred lifetime annuities would cost Govt nothing to introduce

Deferred lifetime annuities would cost the Federal Government nothing to introduce and would begin to have an immediate impact on retirement income savings, according to ...