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Showing 131 - 140 of 1220 results for "Licensees"

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
... $288 million. In addition, Centrepoint said it added advisers to its network, which it said was "in contrast" to other licensees. "Centrepoint continues to lead the market in financial adviser recruitment with 549 authorised representatives at the end ...

Expand bolsters SMA menu

MATTHEW WAI  |  TUESDAY, 13 AUG 2024
... managers complement Expand's existing managed account capability and provide more investment choice and flexibility for licensees, advisers and clients," Insignia's general manager of wrap solutions and product integration Cable Rickard said. "Expand ...

ASIC intends to extend legislative instruments

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... advisers. The instruments are: Class Order [CO 14/923] Record-keeping obligations for Australian financial services licensees when giving personal advice ; ASIC Corporations and Credit (Breach Reporting-Reportable Situations) Instrument 2021/716 ; and ...

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
AMP will sell its advice licensees and support services business to Entireti and AZ NGA and offload its minority stakes in 16 individual practices. It comes as the advice business reports a net loss of $15 million. Entireti, formerly Fortnum Private ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
AFS Licensees (AFSLs) and their professional indemnity insurers (PII) that fail to pay a determination will potentially see their licence revoked if the Compensation Scheme of Last Resort (CSLR) has to intervene. CSLR chief executive David Berry warned ...

ASIC proposes cash equity clearing and settlement rules

ANDREW MCKEAN  |  TUESDAY, 30 JUL 2024
... These reforms permit ASIC to establish rules for the activities, conduct, and governance arrangements of CS facility licensees and associated entities. The consultation paper is seeking feedback on proposals to implement the 2017 Council of Financial ...

Charges brought against ASX pump and dump group

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2024
... suggesting the activity is legal," it said at the time, adding that it had been working closely with market operators and licensees to disrupt such activity and identify those involved. ASIC said each of the defendants in this case purchased some but ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... services business," the regulator said. It added that the bans are part of ongoing work to ensure that officers of AFS licensees maintain high standards of judgment, diligence, and professionalism in discharging their duties and responsibilities.

Clime names acting managing director

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
... distribution roles, managing large scale projects, and serving as responsible manager for several financial services licensees. Clime said Baragwanath will be on a fixed base salary of $210,000 plus superannuation and a pro-rata basis for a period of ...

Clime chief executive resigns

KARREN VERGARA  |  MONDAY, 15 JUL 2024
Clime Investment Management chief executive Annick Donat is exiting shortly after the ASX-listed firm announced an overhaul of its business model. Donat said she decided to step down after three years in the top job. Her final day is July 31. Before ...