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Showing 181 - 190 of 437 results for "Financial advisor"

Mercer handed fine for unlicensed advice in Singapore

MARK SMITH  |  THURSDAY, 10 SEP 2015
The Monetary Authority of Singapore has fined Mercer Singapore S$15,000 ($15,100) for contraventions of the Financial Advisers Act. On 18 August, Mercer Singapore accepted composition amounts of $10,000 for contravention of section 23B(3) of the FAA ...

Advisers looking to offer MDA services

STAFF WRITER  |  TUESDAY, 4 AUG 2015
Managed discretionary account (MDA) operator Managed Account Holdings Limited (MGP) has noted a significant increase in the MDA structure from advice firms. In a statement, it noted that ten new advice firms have signed an agreement with MGP this year ...

Singapore looks to Australia on risk reforms

ALEX BURKE  |  THURSDAY, 23 JUL 2015
The Monetary Authority of Singapore (MAS) has implemented key risk/life insurance advice reforms that were inspired by similar policies in Australia, the Netherlands and the UK. Minister for Culture, Community and Youth Lawrence Wong said these countries' ...

Prime Value appoints distribution head

ALEX BURKE  |  WEDNESDAY, 17 JUN 2015
Boutique fund manager Prime Value has appointed a new head of retail distribution. David Glascott joins Prime Value from Investors Mutual, where he was state manager for Victoria, Tasmania and Western Australia. He has also held positions at NAB, Macquarie ...

Australian advisers court Chinese investors

ALEX BURKE  |  MONDAY, 4 MAY 2015
The Asia Pacific Stock Exchange has partnered with AIMS Financial Group to host 200 Australian financial advisers in China in a series of meetings with Chinese investors, institutions and regulators. The advisers, sourced from the Association of Independently ...

Managed Account Holdings to invest in advisory firms

DARREN SNYDER  |  FRIDAY, 24 APR 2015
Managed Account Holdings recently announced it will be investing into financial advisory firms with a $5 million expansion capital proposal to wholly owned subsidiary Planner Holdings Limited (PHL). The current proposal suggests PHL will hold up to ...

Xpress Super grows online trading suite

ALEX BURKE  |  WEDNESDAY, 8 APR 2015
Accounting firm and self-managed super fund administrator SuperGuardian's low-cost Xpress Super service has expanded its partnerships with online trading platforms. Investors using the Xpress Super service will now be able to make use of CommSec, Open ...

DeVere expands Australian operations

ALEX BURKE  |  TUESDAY, 10 FEB 2015
DeVere Group, one of the largest financial advice organisations in the world, has launched its second Australian office and named its management team. Following its Melbourne launch in November 2014, deVere has now opened a Sydney office with Richard ...

Financial services companies owe consumers $15m compensation

LAURA MILLAN  |  MONDAY, 2 FEB 2015
Financial services providers owe consumers about $15 million in unpaid compensation, according to the Financial Ombudsman Service (FOS). The latest edition of The FOS Circular reveals that since January 1, 2010, a total of 26 financial services companies ...

Global investment bank sets up shop in Australia

LAURA MILLAN  |  TUESDAY, 27 JAN 2015
International investment bank Houlihan Lokey has opened its first Sydney office and appointed a local management team, shortly after receiving a number of mandates from local organisations. "Following the success of recent Australian mandates in our ...