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Showing 1081 - 1090 of 9935 results for "Financial services"

AFCA secures $1.2bn in refunds

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
... said. "An ombudsman service also plays an important role in supporting public confidence in engaging with the financial services sector, because we are here to help when consumers and firms can't resolve disputes on their own. We work to contribute ...

Product modernisation will strengthen retirement outcomes: FSC

CHLOE WALKER  |  MONDAY, 20 NOV 2023
New research commissioned by the Financial Services Council (FSC) highlights the case for a mechanism to support broader "modernisation" of superannuation and managed investment schemes. The report suggests current legislative and tax settings are inconsistent ...

Bell Financial Group welcomes group head of sales

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
... the intermediary and broking segments of the market. Craig's deep understanding and sales experience in financial services will greatly assist with this process." Last month, the group underwent a leadership shake-up, which included Selvarajah and ...

Count, Diverger forge ahead with acquisition

KARREN VERGARA  |  FRIDAY, 17 NOV 2023
One day after COG Financial Services backed out of the running, Count announced that its acquisition of Diverger will go ahead and flagged that it's upped its offer price. Count is now willing to pay more for every Diverger share at $1.3651 - more ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
COG Financial Services has taken over part of ClearView's stake in Centrepoint Alliance (CAF) for $13 million. After dumping its bid for Diverger on Wednesday, COG has purchased approximately 39.56 million CAF shares at 33 cents per share from the ...

ASIC strips institutional broker's AFSL

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
ASIC has suspended JB Markets' Australian financial services licence (AFSL), restricting the firm to only terminating existing client arrangements. The corporate regulator revoked JB Markets' AFSL due to non-compliance with financial requirements and ...

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... responsible entity. The unit trust launch follows the partnership between Mantis Funds and Adelaide-based specialty financial services provider KeyInvest.

COG drops bid for Diverger

CASSANDRA BALDINI  |  WEDNESDAY, 15 NOV 2023
COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer. Last month, COG presented its non-binding indicative offer, stating its intention to pay $1.4083 per ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... corporate superannuation services business. Concurrently, Fortnum is set to purchase Australian Unity Personal Financial Services (PFS), the entity holding the advice AFSL. The private wealth company will continue to provide licensing and business support ...

Praemium partners for adviser insights

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... Orrock said: "We are excited to join forces with CoreData, a recognised research and consultancy leader in financial services." "This strategic partnership is a testament to our commitment to support the advice industry. By combining our strengths, we ...