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Showing 111 - 120 of 1147 results for "Representatives"

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
... Macquarie Wrap, and Equity Trustees' NQ Super and Super Simplifier platforms. ASIC said it is aware of authorised representatives from Interprac Financial Planning, MWL Financial Services, Financial Services Group Australia, and Next Generation Advice ...

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... general divisions were forced into administration recently, and the administrator pulled the union's three representatives from the Cbus board. Meantime, BUSSQ is challenging the additional licence conditions the regulator imposed on it. However ...

Cbus' CFMEU board directors exit

ANDREW MCKEAN  |  FRIDAY, 30 AUG 2024
... website earlier this week. Cbus' board comprises 14 directors, including an equal number of employer and union representatives, plus two independents. CFMEU directors typically fill three of the six union appointed trustee roles. Rita Mallia, the former ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
Sequoia Financial Group gained a net of 14 financial advisers to end up with about 350 representatives at the end of the 2024 financial year. Sequoia added 70 advisers to the stable but lost 56, most of whom were from "non-economic practices who closed ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... projects financed by Cbus because of his influence. "Labor and Cbus have refused to recognise any issue with CFMEU representatives sitting on the board of a $94 billion fund. Cbus has refused to cut its ties with the CFMEU. This is despite Labor suspending ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... other licensees. "Centrepoint continues to lead the market in financial adviser recruitment with 549 authorised representatives at the end of June, an increase of 38 since the start of this financial year," it said. "In contrast, many other licensee ...

CFMEU fallout stokes governance debate

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... national secretary Zach Smith subsequently said the union had a "zero tolerance for criminality" and that any representatives found to have engaged in criminal conduct would be expelled. Since then, reportedly over 20 members, some of which have ties ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... instrument. [CO 14/923] was introduced to impose specific record-keeping obligations for AFS licensees or their representatives as they provide personal advice. It states that licensees must keep records for seven years after the day the personal advice ...

Cbus taps ex-AustralianSuper equities chief for 'critical role'

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
... Hahnemann's departure comes amid scrutiny over Cbus' board-level ties to the CFMEU. The fund has defended its representatives, asserting that they satisfy APRA's fit and proper standards. Nevertheless, shortly after the scandal broke out, Alexandra West ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... UGC's AFS licence was revoked following a damning ASIC investigation which revealed that the firm's authorised representatives had contacted prospective clients, urged them to establish a self-managed superannuation fund (SMSF), rollover their existing ...