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| | | ... February 2010 and December 2018, while he was an authorised representative of GWM Adviser Services and Interprac Financial Planning. In sentencing Nguyen, Magistrate Nitschke said: "It is a serious matter to falsify company records" and "the company ... |
| | | | JPMorgan has shuttered the financial planning fintech it acquired in 2021 and is suing its founder, claiming most of its users were fake accounts created to inflate the business' value. In September 2021, JPMorgan Chase acquired Frank, a platform that ... |
| | | | ... driven by the October adviser exam deadline. The total number of advice licensees also fell by 11% in 2022. AMP Financial Planning is the largest licensee with 546 advisers, followed by Morgans Financial on 447, Charter Financial Planning with 339, Synchron ... |
| | | | ... Bennelong's clients," he said. Bingham commented on his departure and explained following the last two years of actively planning his succession, it's time to pass the reins onto the next leader. "I've enjoyed my time at Bennelong immensely and am ... |
| | | | ... Australian Investor Survey, the stock will be the "preferred investment destination" in 2023. It said 70% of investors are planning to start or increase their allocation despite equity and bond markets both being down for the first time since 1994 last ... |
| | | | The Administrative Appeals Tribunal (AAT) has supported ASIC's decision to cancel the AFSL of Olive Financial Markets Pty Ltd (Olive). Between 2013 and 2018, Olive operated both a managed discretionary account (MDA) service and a superannuation rollover ... |
| | | | It's no secret that Australia has a shrinking pool of financial advisers but 2023 could be a lucrative year for those left in the game. According to Kaizen Recruitment, adviser salary guides have increased year on year by around 16%. "A senior adviser ... |
| | | | ... services companies, appointing a head of technology services in the process. Fin365 will merge with Optimised Financial Planning Solutions (OFPS) and SMSF Paraplanners (SMSFPP) to cater to demand from clients for more services. OFPS is a technology consulting ... |
| | | | ... distribution channels (53%) and new geographical markets domestically (51%). Six in 10 business leaders said they aren't planning to sell or transfer ownership at this time, up 36% from last year. J.P Morgan chief executive for Australia and New Zealand ... |
| | | | ASIC has clarified that the Centrelink Home Equity Access Scheme isn't a credit product, allowing advisers to include it in retirement plans. Responding to an inquiry by Capital Advisory financial planner Michael Miller, ASIC said the operation of the ... |
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