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Showing 141 - 150 of 600 results for "Authorised Representative"

Sequoia buys general insurance book

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
... Financial Planning does for risk advisers, and compete with other general insurance brokerages offering an authorised representative service. The acquisition is expected to cost the group about $2.5 million, based on a forecast EBIT of five times FY22 ...

Demand for niche advice firms increases

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
Radar Results is seeing an uptick in demand for niche areas of financial advice, which includes risk insurance businesses. Currently, there is demand from buyers for complete licensee groups with between 50 to 200 authorised representatives. Another ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... after recommending clients into the Investport Income Opportunity Fund. Keith Robert McDermott was an authorised representative of The FinancialLink Group and has been banned from managing, supervising or auditing the provision of financial services. ...

ASIC sues timeshare company

KARREN VERGARA  |  WEDNESDAY, 3 NOV 2021
Timeshare company Ultiqa Lifestyle Promotions is in the firing line for providing bad financial advice, following an investigation by ASIC. ASIC alleges that between October 2017 to March 2019 the advice was provided by authorised representatives promoting ...

Former Dover adviser banned

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... disclosure requirements when providing product switching advice. The conduct occurred while Sherwal was an authorised representative of Wealth & Risk Management from 22 July 2015 to 4 May 2016 and Dover Financial Advisers from March 6 to 23 October 2017. ...

Capstone drops jailed adviser

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
... Financial Adviser Register, Babbage was licensed by Capstone until yesterday. In addition to being an authorised representative, Babbage holds a credit licence and is a member of the Finance Brokers Association of Australia (FBAA). "Mark Babbage is a ...

Fiducian adds $38m FUA to network

KARREN VERGARA  |  FRIDAY, 8 OCT 2021
In a bid to expand nationally, Fiducian has helped one of its practices acquire clients with $38 million in funds under advice. Fiducian said it assisted the unnamed practice based in the Albury/Wodonga area by providing support services worth $360,000. ...

ASIC bans adviser, cancels AFSL

ANNABELLE DICKSON  |  TUESDAY, 28 SEP 2021
... determined Ackerman is neither competent nor a proper person to provide a financial service. Ackerman was an authorised representative of Pure Strategy from 22 May 2019 to 16 September 2021 and the sole director of Pure Strategy from 26 May 2019 but ...

Adviser support services a boon for Sequoia

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
Sequoia Financial Group continues to benefit from the highly competitive sector of financial adviser support services, which doubled its revenues in the last two years. Sequoia's wealth division, which provides licensee services to over 400 authorised ...

Conditional release for former Hillross adviser

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
... for a period of two years after pleading guilty to false document charges. Wael Kourieh, who was an authorised representative of Hillross between 2010 and 2016, pleaded guilty to one count of making false documents and one count of using false documents ...