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Showing 1261 - 1270 of 10109 results for "Financial services"

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COG Financial Services (COG) has withdrawn its proposal to acquire Diverger, citing concerns that shareholders may not support its $27 million offer.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 ...

Decade-long ban reduced for former adviser

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... an authorised representative of Wealthsure and Capstone Financial Planning, will now be able to re-enter the financial services industry after six years instead of 10 years as handed down by ASIC in 2022. Babbage also worked as a broker and operated ...

Msquared Capital bolsters local team

CHLOE WALKER  |  TUESDAY, 14 NOV 2023
... professional services group idutch where he also served as its chief executive. With over 28 years' experience in financial services, Volkiene has held senior management positions at HBOS Australia, Commonwealth Bank of Australia, FleetPartners ...

Treasury unveils advice reforms draft legislation

KARREN VERGARA  |  TUESDAY, 14 NOV 2023
... removing the requirement to provide a fee disclosure statement (Recommendation 8) and flexibility on delivering a Financial Services Guide (FSG) (Recommendation 10). The legislation aims to clarify the legal basis in which superannuation trustees can ...

Sterling Income Trust executives charged

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... investments in the SIT. In 2021, ASIC banned Theta managing director Robert Patrick Marie for four years from the financial services industry for his involvement in the scam. The following year, a senate committee handed down an inquiry report into the ...

Legalsuper hits members with increased fees

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
... Tanggram in September, was succeeded by Luke Symons, the founder and former chief executive of Responsible Financial Services Group, where he served for over two years.

Dispute resolution failures land TelstraSuper in Federal Court

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... six cases were resolved in favour of the super fund. ASIC deputy chair Sarah Court said: "ASIC expects the financial services industry to have effective dispute resolution procedures in place, and, importantly, to have the systems and resourcing to ensure ...