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Showing 111 - 120 of 1873 results for "broker"

CSLR makes inaugural payments

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... the company's managing director. More than $50,000 was paid to a couple from Queensland who were advised by a mortgage broker to take out a loan that was inappropriate for their circumstances. The victims exhausted all other avenues and waited up to ...

ASIC places stop orders on Trademax Australia

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
ASIC issued two interim stop orders to Trademax Australia after it found the broker was relying on a poorly designed questionnaire which retail investors were able to attempt multiple times to determine they were in the target market. The business is ...

Bell Financial Group launches Tandem Securities

ANDREW MCKEAN  |  TUESDAY, 14 MAY 2024
... in the Australian market, focusing on listed investment and trading solutions. A key milestone was the launch of Desktop Broker, which caters to wealth advisory firms, enabling them to offer trading and investment solutions to their clients. Concurrently ...

Morningstar unsure if KKR's Perpetual bid benefits shareholders

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... negatively to KKR's offer, with Perpetual's share price tanking over 7% yesterday and continuing to decline today. The broker attributed this to the announcement lacking critical details, such as the exact amount of proceeds shareholders will receive ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
Financial advisers, licensees, and superannuation trustees are facing the ire of ASIC after an investigation found they are profiting from boiler room tactics that convince members to switch funds. An overwhelming number of members are goaded into leaving ...

Superhero introduces $2 brokerage

KARREN VERGARA  |  MONDAY, 15 APR 2024
The trading platform today introduced a new pricing structure that charges investors $2 on all ASX trades for up to $20,000. Trades more than $20,000 incur a 0.01% brokerage fee. Superhero chief executive and co-founder John Winters credits the revised ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... client-focused fixed-income solutions to Australian investors and establishing a firm foothold as the pre-eminent fixed-income broker in Australia," she said. She said with the addition of these new appointments, IAM is well on the way to achieving that ...

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
The Compensation Scheme of Last Resort (CSLR) today opened its doors, ready to compensate about 2000 claimants who have long waited for redress. Inaugural CSLR chief executive David Berry told a media briefing: "We look forward to supporting a number ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
In April the Bitcoin halving event will occur. This is when the amount of Bitcoin someone can mine from a Bitcoin block is halved, making the cryptocurrency more valuable. In anticipation of this event Australian investors have been stocking up on Bitcoin. ...

Why active managers are falling behind in emerging markets

ELIZA BAVIN  |  FRIDAY, 22 MAR 2024
Equities investors in emerging markets targeting outperformance may be better served implementing a multifactor strategy, according to new research from VanEck. The research paper, Factor-in Emerging Markets, revealed employing multiple factors would ...