Continuous Disclosure: New Talisman CEO still under eye of regulator, what the power companies will pay out
11 Feb, 2021 04:00 PM
8 minutes to read
The FMA is still looking into a complaint that a CEO commented anonymously about his company on an internet chatroom.
The FMA is still looking into a complaint that a CEO commented anonymously about his company on an internet chatroom.
More than six months after it was reported, the market regulator is still looking into a complaint that the chief executive of an NZX-listed firm commented anonymously about the company in a sharemarket chatroom .
In July Matt Hill, chief executive of listed gold explorer New Talisman Gold Mines, was banned from the Sharetrader internet chatroom for not declaring his position with the company, according to the website s administrator.
Mortgage Business MLC managing director joins FSC By Sarah Buckley 02 February 2021
The Financial Services Council has appointed MLC Wealth’s acting managing director, Andrew Morgan, as a director of the FSC board.
Mr Morgan has over 30 years of experience in the industry.
Having joined MLC Wealth in 2019 as chief corporate services officer, he was named acting managing director in November last year.
Mr Morgan has also previously held the positions of chief financial officer of wealth management at the Commonwealth Bank of Australia, as well as having held leadership positions at Perpetual Limited, Lend Lease Corporation and NAB.
Between 2005-2008, Mr Morgan was head of international mortgage at US-based mortgage company Radian.
In May, KiwiSaver providers will find out which get to keep their lucrative default status. In November, default funds will change from being low-risk funds to higher-risk funds holding more growth assets such as shares.
Savers can expect a cascade of KiwiSaver fee cuts from the Government s clever use of “game theory” in the Covid-delayed review of default providers, one KiwiSaver provider has said. In May, the Government will announce which of the nine current default KiwiSaver providers get to keep the status. This means they are allocated a share of savers joining KiwiSaver who do not choose a provider for themselves.
AMP appoints advice transformation lead 1 minute read 10 December 2020
AMP has appointed a new director for its advice transformation program as it looks to execute on its turnaround strategy.
Jill Hopkins will take on the role of advice transformation director. Ms Hopkins has held a number of senior business roles and spent five years at CBA as the program director for its Future Advice Model, which sought to deliver a “customer centric and efficient” advice service.
“After a stint with some consulting work I have just joined AMP as advice transformation program director. I acknowledge the challenges ahead but I can say I have never felt more welcomed and supported in any new job in my very long career,” Ms Hopkins said.