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Showing 1311 - 1320 of 10109 results for "Financial services"

Skynet adviser stole $10.2m: Court

KARREN VERGARA  |  THURSDAY, 28 SEP 2023
The principal and financial adviser of Skynet Financial Services swindled clients to the tune of $10 million and could face up to 20 years in jail. Terence Rio Nugara, who was permanently banned by ASIC in April, stole $10,152,061.93 from 38 clients ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
... described as a transformational step for Betashares, expanding its business beyond ETFs and into the broader financial services sector. Bendigo and Adelaide Bank undertook a sales process for the super business, in which it was determined that Betashares ...

ASIC fines fintech for misrepresenting crypto product

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... representative of Sanlam Private Wealth, the AFSL which authorised Bobbob to offer the product. Bobbob will not provide financial services to retail clients for 12 months, and Goldberg will himself, not provide, and not be involved in managing a business ...

Bridges adviser base drops 20%

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
Bridges Financial Services continues to bleed advisers, losing nearly 20% of its authorised representatives this month, as parent company Insignia Financial ramps up its restructure. Twenty-three Bridges authorised representatives ceased on the ASIC ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
... will need to nominate an accountable person responsible for oversight of remediation programs," ASIC said. The financial services industry has shelled out more than $7 billion of remediation to 8.42 million clients. "Effective remediation starts with ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... representative of The FinancialLink Group at the time, from managing, supervising, or auditing the provision of financial services. In 2019, Phillip Emidio Bruni copped a permanent ban from working in financial services. This article incorrectly stated ...

Iress Wealth appoints interim chief

ELIZABETH FRY  |  FRIDAY, 22 SEP 2023
... and management, regulatory affairs, and corporate sustainability. Before that, Haqqani held senior roles in financial services, including Milliman, Challenger, Financial Services Council, and Equity Trustees.

Singaporean wealth manager mandates Aussie boutique

CHLOE WALKER  |  FRIDAY, 22 SEP 2023
... Singaporean wealth manager Conduit Group (Conduit) in its Small Companies Fund (SSCF). Conduit, an integrated financial services company that offers securities dealing, wealth and funds management, invested in the SSCF via the discretionary fund, the ...

Count to take over Diverger

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... brands that Diverger operates. "The combination of these highly complementary businesses will create a leading financial services provider with substantial increases in scale across Count's existing Wealth, Accounting and Services divisions," the ...

Josh Frydenberg takes over as Goldman Sachs chair

CASSANDRA BALDINI  |  THURSDAY, 21 SEP 2023
... Australia, assistant treasurer, and parliamentary secretary to the Prime Minister. He also previously worked in financial services, including as director of global banking for Deutsche Bank. On making the announcement, Rothery said the firm is pleased ...