Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 151 - 160 of 335 results for %22Financial Service Brokers%22

Genesys advisers looking at all options following wind up

LAURA MILLAN, JAMES FERNYHOUGH  |  WEDNESDAY, 19 NOV 2014
... AMP and Rainmaker Information figures. The practices were offered to transition into another AMP licensee such as AMP Financial Planning, Charter Financial Planning, Hillross or ipac. "All options are on the table," one Genesys adviser who asked to remain ...

Non-aligned licensee inquiries to rise in 2015

LAURA MILLAN  |  MONDAY, 17 NOV 2014
... we feel that we will end the year with a stronger network of advisers," NAB Wealth group executive Andrew Hagger told Financial Standard. He does not agree that there is a major shift away from large licensees. "We are not seeing a trend," he said. "We ...

MetLife partnership extend group insurance to SMEs

MARK SMITH  |  MONDAY, 3 NOV 2014
... and nearly 40% had professional indemnity insurance, fewer than 10% had personal insurance. Research published by the Financial Services Council (FSC) and MetLife last March showed 35% of Australian workers had no disability insurance and 19% of families ...

US insurance agency fined US$200,000

ALEX DUNNIN  |  THURSDAY, 2 OCT 2014
Highlighting how soft are the fines imposed on financial institutions by Australian regulators, in the US the aptly named Consumer Financial Protection Bureau (CFPB) has just ordered an insurance agency to pay US$200,000 for orchestrating illegal referrals. ...

ASX mFund yet to attract major brokers

JAMES FERNYHOUGH  |  MONDAY, 22 SEP 2014
... commitments. With 44% market share, CommSec is by far Australia's largest online broker. A spokesperson for CommSec told Financial Standard it had not seen much demand for mFund from customers, but will continue to watch its progress. Nabtrade and Westpac ...

Ray White to launch financial advice dealership

JAMES FERNYHOUGH  |  MONDAY, 15 SEP 2014
Real estate business Ray White has confirmed it is moving into financial advice with the launch of planning dealership Wealth Market. Describing the business as "a financial planning dealership that aims to change the way financial advice isA perceived ...

Mortgage Choice booms, invests in planners

AAP AND ALICE URIBE  |  FRIDAY, 22 AUG 2014
A strong housing market has helped home lender Mortgage Choice deliver its best financial results ever with a record number of loan settlements. The lender's net profit rose 5.8% to $19.8 million in the year to June 30, up from $18.7 million in the ...

ASIC cancels 8 AFSLs after review

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
Eight advice businesses have had their Australian financial services (AFS) licenses cancelled after an Australian Securities and Investments Commission (ASIC) review into licensees that failed to lodge audited annual statement. The review has resulted ...

Australian Unity added 14 planning practices in a year

MARK SMITH  |  THURSDAY, 17 JUL 2014
... 14 planning practices from across most mainland states in the past 12 months. The addition brings the company's total financial services tally to 77 planning practices, 122 advisers and 22 mortgage brokers operating in all mainland states and the ACT. ...

YBR set to acquire mortgage manager RESI

MARK SMITH  |  WEDNESDAY, 9 JUL 2014
... of Resi is expected to occur on 29 August 2014, the same day YBR's previously announced proposed acquisition of Vow Financial is expected to occur. YBR has already raised $42.05 million for the acquisition through a share issue. The placement shares ...