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Showing 161 - 170 of 1643 results for "Selling"

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... figures, which values them higher compared to a year ago. A risk firm with clients aged 55 to 60 years old is currently selling at 2.1x-2.5x, up from 2.x to 2.3x from FY2022. A risk firm with clients who are aged 61 and older is currently selling at ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... Russell Howden, also the director of BlueInc, engaged in unconscionable conduct and breaching financial services laws when selling life, funeral and accidental injury insurance. Howden will also have to pay $100,000 in penalties. Select sold the products ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... Experts expect ongoing volatility in the property market, however explained, the listed market anticipates this and despite selling assets at a discount Dexus share price remained stable. Dexus share price saw a slight increase following Friday's ...

Advice practice valuations rise: Radar Results

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... the value of advice practices currently on the market. Investment and super clients with the following demographics are selling with multiples as follows: 80 years and above (0.80x to 1.0x), 65-79 years old (1.9x - 2.5x), 64 years old (2.3x - 3x) and ...

AMP offloads SuperConcepts

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
... Partners and several advice industry executives is buying the SMSF administration business and its SuperMate solution. AMP is selling SuperConcepts to Pemba Capital Partners, which is co-investing alongside former Count Financial chief executive Matthew ...

Coinbase sued as US crackdown continues

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... the SEC's complaint, since at least 2019, Coinbase has made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities. The SEC said its failure to register has "deprived investors of significant protections", including ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... operating unregistered securities exchanges, broker-dealers and clearing agencies, as well as the unregistered offering and selling of Binance's own stablecoin. In support of these allegations, evidence presented in the SEC's filing includes a message ...

No regrets: Hayne reflects on Royal Commission

KARREN VERGARA  |  TUESDAY, 30 MAY 2023
... adviser owes to the client? "The adviser holds itself out as providing advice. Providing advice is a task different from selling a product. Is the customer entitled to treat the adviser as acting in the customer's interest?" Further, is the duty ...

ASIC bans former Gleneagle fund manager

ANDREW MCKEAN  |  TUESDAY, 23 MAY 2023
ASIC has banned former Gleneagle fund manager, Gregory Tolpigin, from providing financial services for naked short selling. Tolpigin is also banned from controlling a financial services business or performing any function involved in carrying on a financial ...

Boutique co-founder jumps to AustralianSuper

ELIZABETH FRY  |  FRIDAY, 19 MAY 2023
... find investor support. "After five years of hard work, real innovation, and a roller coaster ride of emotion, we are now selling/closing down Blue Orbit," he said. "The performance of our global small caps fund was very good - excellent versus most of ...