The latest issue of Financial Standard now available as an e-newspaper Former advisers face huge fines BY ELIZABETH MCARTHUR | FRIDAY, 6 NOV 2020 12:27PMA former Macquarie and Crestone financial adviser could be facing $1 million in fines, while the other has been fined $30,000 in a busy week for ASIC. Sponsored by AIA Australia Our new income protection cover Starting a new conversation |  |
Read more: ASIC, ASX, Bell Potter, Damien Rodr, IPO of DirectMoney, Macquarie Equities, Mark Kawecki, Nighthawk, Simon Poidevin, Wallabies, Warren Acworth |
| KANIKA SOOD IOOF expects to spend up to $32 million on paying out Buyer of Last Resort arrangements with financial advisers leaving its network, primarily from Bridges Financial Services. | KARREN VERGARA Link Group is now exploring the possibility of listing PEXA despite recently flagging there was strong interest from other parties in buying the property settlement platform. | | KARREN VERGARA PIMCO has named a new lead for its Asia Pacific business as part of an executive shuffle announced overnight. | BENJAMIN ONG Even before the COVID-19 vaccine arrived in Australia, it was clear we were returning to pre-pandemic normality, and latest stats back this. |
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