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Showing 171 - 180 of 1637 results for "Selling"

Risk clients, practices worth more: Radar Results

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
Financial advice practices specialising in risk insurance are gaining higher price multiples on clients and are selling for up to $1.5 million as demand rises and supply drops. Radar Results' latest insights show price multiples on risk insurance ...

Openmarkets launches custody offering

KARREN VERGARA  |  WEDNESDAY, 22 MAR 2023
... follows its restructure initiatives, which saw the fintech reposition its business model as a B2B offering. This included selling its retail business to Marketech and receiving a cash injection from an Australian private equity firm. This year, Hetal ...

Wealth managers bracing for compensation claims

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... Other common errors included making impulsive decisions to the detriment of short-term plans (35%) and buying high and selling low (34%). Oxford Risk Australia head of client and strategy Bianca Kent said investment markets have been highly volatile ...

Unpopular funds garner higher returns: Research

CHLOE WALKER  |  THURSDAY, 9 MAR 2023
... also generally easier for active managers to add value to a portfolio when the assets being managed are low. "Buying and selling securities in this environment does not lead to price changes," Rainmaker said. "When the manager's success is recognised ...

Advice group convicted of hawking

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... anti-hawking laws to include financial advice firms using third parties to solicit business via cold calling. "When they're selling financial services like superannuation advice to skirt around a gap in the law and trying to bamboozle consumers with ...

Cold calling advice firms called out

JAMIE WILLIAMSON  |  WEDNESDAY, 1 FEB 2023
... somebody we don't know who is trying to sell us something we don't need or even want," Scheerlinck said. "When they're selling financial services like superannuation advice to skirt around a gap in the law and trying to bamboozle consumers with half-truths ...

Calastone reports sharp managed fund flow declines in 2022

ANDREW MCKEAN  |  TUESDAY, 24 JAN 2023
... Calastone attributed the lacklustre inflows to a decrease in buyers, with orders dropping by 15%, rather than an increase in selling. The global funds network added that declining net inflows indicated a greater level of uncertainty among investors regarding ...

Pensioner work bonus top of mind for advisers

CHLOE WALKER  |  TUESDAY, 17 JAN 2023
... contribution caps and can still be made even if a person has a total upper balance greater than $1.7 million. The consequences of selling the principal home on eligibility for Centrelink payments should be weighed up carefully, Howard warned. Howard ...

Regulator issues interim stop orders

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... exposed to a very high-risk strategy that generates absolute returns by trading in listed equities and by using short selling, leverage and derivatives, ASIC explained. The managed fund invested in property development projects is subject to project ...

ASIC takes civil action against Firstmac

CASSANDRA BALDINI  |  FRIDAY, 16 DEC 2022
... steps to ensure that the product was distributed in accordance with the TMD. It is ASIC's case that by adopting a cross-selling strategy of marketing and distributing High Livez to term deposit holders, there was a likelihood that those customers would ...