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Showing 1281 - 1290 of 4251 results for "LIC"

FPA board member joins new firm

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
Financial Planning Association of Australia (FPA) board member Julie Matheson has joined Peloton Partners. The Melbourne based financial services consultancy was founded by Rob Jones and Michael Harrison, both former Shadforth financial advisers. Matheson ...

Financial adviser reference checks under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
ASIC has released a consultation paper seeking feedback on reference checking protocols for financial advisers and mortgage brokers. Requiring financial advisers to have reference checks was one of the recommendations to come out of the Royal Commission. ...

ASX runs into trouble again

KANIKA SOOD  |  WEDNESDAY, 18 NOV 2020
After Monday's outage, the ASX was in trouble again yesterday as its Centre Point matching system closed off participants from using Chi-X bids and offers. The Centre Point is an anonymous matching system that matches buyers and sellers at the mid-point ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
A former financial adviser has pleaded guilty to misappropriating $2.9 million of client funds by transferring the money to his own accounts for personal use. Ross Hopkins from NSW, appeared at the Downing Centre Local Court, where he pleaded guilty ...

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
The Australian Securities and Investments Commission (ASIC) is calling on financial advisers to provide feedback to its consultation paper on affordable scaled advice. As previously announced last month, ASIC's latest consultation paper, Promoting access ...

Former Financial Circle director charged

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
Former Financial Circle director Joshua Fuoco has been charged with managing a corporation whilst disqualified. Melbourne-based Fuoco was charged with four offences following an ASIC investigation. He was charged with three counts of managing a corporation ...

CountPlus to continue acquisition spree

ANNABELLE DICKSON  |  MONDAY, 16 NOV 2020
The ASX-listed advice and accounting group has confirmed it will continue to carry out its extensive growth strategy with further "tuck-in" acquisitions. Speaking at the company's annual general meeting, CountPlus chair Ray Kellerman said the "considerable ...

RC recommendations closer to legislation

KARREN VERGARA  |  FRIDAY, 13 NOV 2020
A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...

ClearView flags future with HUB24

ELIZABETH MCARTHUR  |  THURSDAY, 12 NOV 2020
In an update ahead of its annual general meeting, ClearView hinted at the future of its developing partnership with HUB24. Through the partnership, ClearView offers advisers and customers an investment administration wrap platform facilitated by HUB24. ...

AAT affirms SMSF adviser ban

JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
The Administrative Appeals Tribunal (AAT) has upheld a ban imposed by ASIC on an SMSF adviser who failed to disclose significant conflicts of interest. In December 2019, Wayne Blazejczyk was banned by the regulator for five years after he was found ...