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Showing 121 - 130 of 1015 results for "Representatives"

More advisers exit in June

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... Financial Planning finished the financial year with 690 advisers, while The SMSF Advisers Network (SAN) had 669 representatives at the end of the period, Rainmaker modelling of ASIC's Financial Adviser Register shows. Morgans Financial (470), Synchronised ...

ASIC cancels BBY licence

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... The licence's March 2022 end date is also to ensure BBY compensates retail clients for their losses from BBY's representatives. The cancellation comes after three extensions in suspensions since the original May 2015 decision from ASIC. BBY was headquartered ...

Licensee to acquire Sentry Group

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
An ASX-listed financial services firm will acquire Sentry Group for $7 million and add 155 authorised representatives to its books. WT Financial Group (WTL) announced today that upon completing the takeover, it will have some 275 financial advisers ...

Interprac grows advice network

KARREN VERGARA  |  THURSDAY, 10 JUN 2021
... consideration of $500,000 that comprises $150,000 of cash paid upfront. The two firms are formerly authorised representatives of Interprac Financial Planning. Interprac head of advice and compliance Mike Butler told Financial Standard that the two practices ...

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
After the Your Future, Your Super reforms were passed in the House of Representatives lawyers have expressed concern consumers may not understand the impact of the changes. Law firm Slater and Gordon warned that Australians could end up with less insurance ...

YFYS on its way to Senate

KANIKA SOOD  |  FRIDAY, 4 JUN 2021
The House of Representatives passed hotly-debated Your Future, Your Super bill last night, with Labor getting away with just one of the amendments on its wish list. Best Financial Interest Duty's proposal to give ministers the power to ban superannuation ...

Adviser numbers fall below 20k

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
... Alliances, MLC Connect and Lonsdale Dealer Associates. AMP Financial Planning netted 304 exits, paring down its representatives from 1038 to 734. The SMSF Advisers Network (SAN) has the largest book of advisers at 763, but over the period farewelled ...

Lessons from GPIF: Mizuno

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
... government committed to reducing greenhouse emissions to net zero by 2050 and, a month later, the Japanese House of Representatives and the House of Councillors declared a climate emergency. At the time, Japan was the fifth-largest emitter of carbon. ...

AMP sued for charging dead clients

JAMIE WILLIAMSON  |  THURSDAY, 27 MAY 2021
... program commenced in 2019 found breaches dated back to 2011. The program returned $5.3 million to estates and representatives of deceased customers, including some that are the subject of this action. ASIC is also alleging the companies failed to ensure ...

LGIAsuper reveals post-merger executive, board lineup

JAMIE WILLIAMSON  |  FRIDAY, 21 MAY 2021
... fund's board of directors, it will comprise 15 members until 31 December 2022 with three employer and three member representatives, and three independent directors including an independent chair. From 2023, it will reduce to nine directors, with ...