Stuart Robert investigated by ASIC despite ASIC oversight
Stuart Robert is again being investigated by the corporate regulator but, as Assistant Treasurer, he is also responsible for the oversight of the corporate regulator.
Fifth Pillar crumbles: why AMP policy-holders’ losses are Resolution’s profits.
This is now an election issue. AMP Life has more than a million policy-holders. Perhaps thrice this in stakeholders if dependents are included.
Schemozzle: AMP sells life insurance to asset acrobats from Bermuda
A quarter of its value wiped in a week, litigation funders circling and its chairman and chief executive under under the gun. The woebegone AMP has flogged its once mighty life insurance business, tipping a million life insurance policyholders into the warm embrace of some bust-up merchants from Bermuda.
Fees-for-no-service: ASIC performance bonuses revealed
As the victims of corporate crime rose, so did the “performance” bonuses at the corporate regulator
Are bank-owned wealth management groups a busted flush?
Having acted as rapacious fee gougers for more than two decades, are banks and insurance companies now sitting on stranded assets? RMIT’s Mike Rafferty reports. IN RECENT weeks, the Royal Commission into Banking and Financial Services moved to the superannuation...Whats the scam
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