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Showing 1621 - 1630 of 13243 results for "Adviser"

ASIC appeal in CBA, CFS case dismissed

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... CFS to CBA did not constitute benefits within the definition of 'conflicted remuneration', unlike a financial adviser receiving a financial incentive might. The case was dismissed in September 2022 with costs, stating that the conduct did not ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
... Madison had 73 authorised representatives overseeing $3 billion of FUA at the end of June, according to ASIC's Financial Adviser Register. Godfrey Pembroke currently has 59 advisers. The Heads of Agreement with Madison comes to light as Godfrey Pembroke ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... off-platform investments, notably term deposits. Throughout the year, Netwealth secured "new and important licensee and adviser relationships," leading to an over 10% increase in client accounts. As the company enters FY24, Netwealth said it's poised ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Robo-adviser Stockspot received a $28 million funding boost from a global fund manager that will see it expand its capabilities in the precarious digital advice landscape. Mirae Asset Global Investments announced its "major strategic investment" in ...

MLC Life backs adviser platform

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
MLC Life Insurance has assisted the launch of Risk Hub, a new support platform designed to help advisers excel in risk advice. Risk Hub was officially launched this month by founder and former Zurich Financial Services head of digital Marc Fabris. It ...

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... annuity sales were longer dated at two years, up from 50% in FY22. Retail sales were also supported by an increase in adviser quoting levels, up 59% on the prior corresponding period. Institutional sales reached $5.4 billion, of which $4.2 billion came ...

Veteran adviser cops permanent ban

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
ASIC permanently banned a financial adviser who has been advising for 34 years after an investigation found, among other violations, that he misappropriated funds and dealt in derivatives without the proper authorisations. Donald James Cuthbertson ...

AMP North partners with Sandstone Insights

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
North has partnered with Sandstone Insights to provide advisers with access to the latest equity research and analysis through the platform. AMP said the agreement is the first of its kind in the Australian platform market and reflects North's ongoing ...

Fiducian eyes IFAs, South Australia for inflows

KARREN VERGARA  |  MONDAY, 14 AUG 2023
Fiducian is betting on the independent financial adviser (IFA) market and its South Australian presence to bolster its inflows as it sets an ambitious plan to exceed its performance reported in the 2023 financial year. The ASX-listed group's latest ...

BT names platform strategy lead

CHLOE WALKER  |  MONDAY, 14 AUG 2023
... platforms industry. Russell's broad industry experience will help fortify BT's position as a market leader and financial adviser's platform provider of choice." As at March 31, BT has $140.3 billion in funds under administration.