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Showing 1221 - 1230 of 4251 results for "LIC"

Count Financial expands national reach

ELIZA BAVIN  |  THURSDAY, 18 FEB 2021
Count Financial has announced three new firms have been added to its national network of advice businesses. Plan Protect and YS Financial Planning from Sydney and Financial Stability from Melbourne are the three newest firms in the CountPlus-owned licensee. ...

CBA guilty of deceptive conduct

ELIZA BAVIN  |  WEDNESDAY, 17 FEB 2021
The Federal Court has found Commonwealth Bank of Australia made false or misleading statements and engaged in deceptive conduct on over 12,000 occasions. Justice Lee found that CBA breached financial services law 12,119 times when charging a rate of ...

ASIC imposes licence conditions on Poynter Hargraves

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 FEB 2021
ASIC has hit AFSL Poynter Hargraves Financial Consultants with additional licence conditions, requiring it to remove its sole responsible manager. "This follows a targeted surveillance by ASIC that found Poynter Hargraves had poor risk controls around ...

ASIC suspends RE licence

KARREN VERGARA  |  MONDAY, 8 FEB 2021
The corporate regulator has suspended the AFSL of a responsible entity that oversees a property and mortgage fund for breaching several compliance and reporting obligations. The licence of Queensland-based financial services provider Investors Exchange ...

Centrepoint to roll out advice tech

ANNABELLE DICKSON  |  MONDAY, 8 FEB 2021
Centrepoint Alliance has formed an agreement with UK-based financial advice technology provider Intelliflo to distribute the service across the Australian market. The ASX-listed advice group's adviser network will be some of the first in Australia to ...

Another glitch for the ASX

ANNABELLE DICKSON  |  THURSDAY, 4 FEB 2021
The Australian Securities Exchange is experiencing more technical problems following a glitch that resulted in halted trading on ASX Trade in November. The ASX has notified investors and market participants of delays in market announcements, with the ...

High Court dismisses Westpac appeal

JAMIE WILLIAMSON  |  WEDNESDAY, 3 FEB 2021
The High Court has affirmed the Federal Court's 2019 decision that two Westpac subsidiaries provided unlicensed personal financial advice. In a decision handed down today, the High Court of Australia dismissed Westpac's appeal, determining the ...

Sequoia completes acquisitions

ANNABELLE DICKSON  |  TUESDAY, 2 FEB 2021
Seqouia Financial Group's subsidiary Docs Centre has completed the acquisition of corporate registry firm Panthercorp from Easton Investments and finalised a purchase of assets. The integrated financial services company funded the $1.7 million purchase ...

HUB24 completes Paragem sale

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
HUB24 has confirmed the completion of the sale of Paragem to a subsidiary Easton and announced a new member of the Easton board. HUB24 confirmed the completion of the Paragem sale to the ASX saying it has now received the 3.3 million Easton shares issued ...

RSE trustee board composition evolving

KANIKA SOOD  |  MONDAY, 1 FEB 2021
In the last six years, independent directors have gone from holding 5.2% of the total board positions at RSE licensees to 10.7% of them as at June 2020, says new APRA data. The total directorships at responsible superannuation entity licensees shrunk ...