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Showing 101 - 110 of 600 results for "Authorised Representative"

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
Madison Financial Group has joined forces with Godfrey Pembroke's Practice Development Group (PDG), consolidating their operational and AFSL services to create a new entity providing back-office services to their financial advice networks. Madison ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... generated exceptional results for our private clients," Cuthbertson writes. Sydney-based Cuthbertson was an authorised representative of PWMS from July 2015 to 28 September 2022 and from 9 December 2022 to present. Cuthbertson has the right to appeal ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
The Federal Court this morning has ruled in favour of disgruntled AMP Financial Planning advisers who saw the value of their practices deteriorate after the parent company controversially changed its Buyer of Last Resort (BOLR) rules. In handing down ...

ASIC deepens investigation into Magnolia founder

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
... approximately $40 million in investor losses are presently unaccounted for, ASIC said. The group operated as an authorised representative of Guildfords Funds Management. The Magnolia Absolute Return Fund I and II, Magnolia Private Capital, Magnolia Direct ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... qualifications and experience, and misled investors. Foxi Capital director and Responsible Entity Services (RES) authorised representative Shaun Fox was banned by ASIC, which found he made false and misleading statements and engaged in misleading and ...

ASIC bans former Madison adviser

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
... property. The regulator's surveillance of the former adviser looked at client files from his time as an authorised representative of Madison Financial Group. Following the ASIC investigation, Vick will not be able to provide financial services, perform ...

Adviser registration extended to October

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... provide personal advice to retail clients about relevant financial products." It is also a licensee; an authorised representative of a licensee; or an employee or director of a licensee, or an employee or a director of a licensee's related body corporate. ...

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... services by obtaining either their own AFS licence or obtaining status as an authorised rep or corporate authorised representative of an AFS licensee or Australian Credit Licensee." While this might seem like a small pool, their breadth and depth of ...

ASIC bans Gold Coast adviser

CHLOE WALKER  |  FRIDAY, 31 MAR 2023
... financial adviser Jeneve Matai has been banned from providing financial services for four years. Matai, an authorised representative and financial adviser of National Advice Solutions, was banned by ASIC in December last year for failing to act in the ...

Fund manager acquired by US fintech

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
... owner Wayne Blazejczyk was banned for five years. He was was responsible manager, director, owner and an authorised representative of Ballast Financial Management when he recommended clients with low superannuation balances establish SMSFs and invest ...