Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 171 - 180 of 1866 results for "broker"

Ord Minnett cops $888k fine over buyback

JAMIE WILLIAMSON  |  WEDNESDAY, 3 MAY 2023
ASIC's Market Disciplinary Panel handed Ord Minnett an $888,000 infringement notice over two contraventions of market integrity rules which occurred when conducting a buyback. According to ASIC, on 1 September 2021 the firm was instructed to commence ...

SQM reveals top, worst rated ASX200 equities

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2023
... services while keeping our conflicts to a bare minimum. We will never run a funds management business. We will never be a broker, nor a real estate agent. We will always put investors first and support the financial planning profession in that mandat ...

Hostplus cuts Choiceplus fees

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
The super fund is reducing fees on its direct investment option for members, effective this month. The Choiceplus option enables members to invest in the shares in the S&P/ASX 300, a range of ETFs and listed investment companies (LICs) and term deposits. ...

Cboe Australia migrates technology, launches BIDS offering

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... trading algorithms or via directed orders. The second phase is expected to occur in the coming months and will involve broker-sponsored buy-side access through the BIDS Trader front-end. "With this foundation now in place, we look forward to expanding ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... Financial advice firms continue to trade at a premium compared to other professional services firms, according to an industry broker. Centurion Market Makers' newly released Practice acquisition sale & valuation guide reveals that the demand for premium ...

ASIC issues more interim stop orders

CASSANDRA BALDINI  |  FRIDAY, 10 MAR 2023
Deficiencies in its target market determination (TMD) have seen interim stop orders placed on Interactive Brokers Australia. ASIC initiated the temporary suspension, valid for 21 days, to prohibit Interactive Brokers from offering, issuing, or giving ...

AustralianSuper overhauls Member Direct fees

KARREN VERGARA  |  MONDAY, 6 MAR 2023
AustralianSuper is introducing several changes to one of its popular options, which includes slashing administration and brokerage fees. From 1 April 2023, the Member Direct investment option is introducing a simpler and more competitive fee structure ...

Economic landscape spurs advice model rethink

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
... models as they broaden their remit outside of traditional of investment management and administration. Insights from Desktop Broker in the newly released paper, Advice trends and opportunities: 2023 and beyond, found that advisers are increasingly anchoring ...

ASIC bans mortgage broker for eight years

KARREN VERGARA  |  MONDAY, 27 FEB 2023
An unlicensed mortgage broker who misled superannuation fund members about property investing has been banned from working in financial services for eight years. Christine Betty Childs, who was the director of Think Money and Think Money Wealth Through ...

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
HUB24 has reported strong results for 1H23, with the financial services provider's funds under administration (FUA) growing to $73 billion. Platform FUA increased to $55.8 billion while portfolio administration and reporting services (PARS) decreased ...