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Showing 1291 - 1300 of 16966 results for "Director"

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... controlled and was subsequently wound up. Jayaweera won a retrial after being convicted of fraud in 2019. Jayaweera was the director of Growth Plus Financial Group, which is now in liquidation. He was a member of the Association of Independently Owned ...

Sequoia ends FY24 with 350 advisers

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... practices who closed or merged their businesses rather than leaving us to join a competitor," chief executive and managing director Garry Crole said. Advisers oversaw $12 billion in funds under advice (FUA) at the end of the period. Despite a challenging ...

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... Economy Agency. Deputy chair Cath Bowtell took over in July 2023. IFM most recently added Else Bos as an independent director to its board. Established in 1994 by AustralianSuper, Cbus, and HESTA, ISPT invests in office, retail, industrial, education ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
BUSSQ will challenge what it calls "unnecessary and potentially impractical" licence conditions imposed by APRA, which were sparked by allegations of serious misconduct within the CFMEU and concerns about its potential impact on the super fund. The ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... clients to invest their retirement savings in a single abalone farm that went bust. Former Brisbane financial adviser and director of Growth Plus Financial Group (in liquidation), Ben Jayaweera, was found guilty of 28 counts of fraud in a retrial that ...

BlackRock launches new bond ETF

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... the locally listed iShares product range. ULTB is expected to list on the ASX in early September. BlackRock Australasia director of wealth distribution James Waterworth said the launch of the new ETF was in response to Australian advisers and investor ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... of intermediary Asia Pacific Meaghan Victor said. Leveraging SSGA's resources, insights, and trends, Raiz managing director and chief executive Brendan Malone said customers will have access to a broader array of financial literacy content and investment ...

Praemium revenue grows to $85m

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
Praemium released its full year results, flagging a 12% increase in revenue to $84.9 million for the year ending June 30. Praemium said underlying expenses rose to $61.3 million, up 20% on FY23, due to increased IT and risk mitigation costs. "The latter ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
The government has passed legislation that will put in place new powers for regulators to protect financial market infrastructure in the event of a crisis. Treasurer Jim Chalmers said the new laws will provide regulators with more powers to manage financial ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... from TWS and AET onto one new platform, and integrated with HUB24, which is the custody provider for TWS. EQT managing director Mick O'Brien said: "The integration of the AET business has exceeded expectations, and the investment is positioning us ...