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Showing 1 - 10 of 106 results for "Interprac"

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... excluding Count's departures, the movement for the week was close to "flat". Sequoia lost another nine from its subsidiary InterPrac, continuing a long downward run, Padua said, followed by the wound up of Damien Grist (-3) and Centrepoint Group (-3). ...

Small pocket of failed measures can 'blow the entire business': Anderson

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... Sydney yesterday, Anderson said many cases of misconduct stem from control measures inadequately enforced. He provided InterPrac Financial Planning as an example, where misconduct of only a small portion of advisers can be a detriment for the entire ...

AFCA puts InterPrac determinations on ice

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
The Australian Financial Complaints Authority (AFCA) is pausing all InterPrac Financial Planning-related determinations as court proceedings instigated by the latter are underway. For people affected, the pause in determinations mean their complaints ...

Sequoia Financial chair resigns

ELIZA BAVIN  |  THURSDAY, 28 MAY 2026
... dividend will be delayed from May 15 to June 3. The interim dividend was previously delayed pending the proposed sale of InterPrac to Conquest Investment Partners; however, the sale agreement was ditched May 1 following ASIC's concerns over the transaction. ...

AIOFP partners to launch adviser protection program

MATTHEW WAI  |  TUESDAY, 26 MAY 2026
... stakeholders. The move follows recent decisions by major platforms, including Macquarie and Netwealth to withdraw access for InterPrac advisers. "At a time when less than 10% of Australians receive financial advice, the industry should be focused on ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
InterPrac Financial Planning is taking action against a former client and victim of the First Guardian Master Fund collapse for an Australian Financial Complaints Authority (AFCA) determination it is vehemently contesting. The new proceeding comes off ...

Sequoia delays dividend amid InterPrac sale uncertainty

ELIZA BAVIN  |  THURSDAY, 14 MAY 2026
... dividend will be delayed from May 15 to June 3. The interim dividend was previously delayed pending the proposed sale of InterPrac to Conquest Investment Partners; however, the sale agreement was ditched May 1 following ASIC's concerns over the transaction. ...

Sequoia abandons InterPrac sale

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
Following ASIC's concerns over the transaction, Sequoia Financial Group tore up the agreement to sell InterPrac Financial Planning to Conquest Investment Partners, saying the two parties failed to satisfy all the conditions within the required timeframe. ...

ASIC bans former adviser Rhys Reilly for 10 years

KARREN VERGARA  |  MONDAY, 13 APR 2026
... services, and was likely to contravene financial services laws in the future." Reilly was an authorised representative of InterPrac Financial Plannaing under the corporate authorised representative of Rhys Reilly Pty Ltd from 29 March 2017 to 20 May ...

ASIC concerns over Interprac sale 'unfounded': Sequoia

JAMIE WILLIAMSON  |  FRIDAY, 10 APR 2026
Sequoia Financial Group says ASIC's concerns around what the sale of Interprac Financial Planning might mean for its creditors are "unfounded", while also saying it is working with ASX to determine whether shareholders are required to approve the ...
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