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Showing 1251 - 1260 of 10109 results for "Financial services"

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
Minister for financial services Stephen Jones has confirmed the government remains committed to removing Statements of Advice and the Safe Harbour Steps, as well as accelerating changes to education requirements to meet increased demand for advice. ...

ASIC freezes out former Magnolia Capital director

ANDREW MCKEAN  |  WEDNESDAY, 22 NOV 2023
... ASIC has banned former Magnolia Capital Group director Mitchel Atkins from managing corporations and providing financial services. Atkins was a director of Magnolia Capital, which went bankrupt in 2022, owing unsecured creditors millions of dollars. ...

Fidelity International chief exits

KARREN VERGARA  |  TUESDAY, 21 NOV 2023
... International Finance (IIF) in December 2020. She was appointed a Dame Commander (DBE) in June 2021 for her services to financial services, women, education and science. Fidelity International chair Abby Johnson said: "Over the last five years Anne has ...

Insignia Financial finds buyer for Millennium3

CASSANDRA BALDINI  |  TUESDAY, 21 NOV 2023
WT Financial Group (WTL) will acquire Millennium3 Financial Services (M3) from Insignia Financial for $2 million. Under the deal, M3's 140 wealth and personal risk insurance advisers, operating in more than 75 privately owned practices across the ...

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 ...