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Showing 2171 - 2180 of 3232 results for "April 2016"

AFS advisers denied access to brokerage account

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
The Federal Court of Australia has denied access by former Australian Financial Services Group (AFS) advisers to the money in a brokerage account of the group, which would pay for some of the money owed to advisers. The account holds about $1.9 million ...

LM liquidators get boot over conflict of interest

JAMES FERNYHOUGH  |  MONDAY, 12 AUG 2013
The Queensland Supreme Court has appointed a new receiver to oversee the winding up of LM Investment Management Limited's (LM) failed First Mortgage Income Fund (FMIF) after it found that its current liquidators had a conflict of interest. The new receiver ...

Provisio launches free online trial for IFAs

ALICE URIBE  |  THURSDAY, 8 AUG 2013
Small-to-medium enterprises and IFAs will now have access to Provisio Technologies' (Provisio) online scaled advice system via a free online trial. Prior to this the financial advice technology firm's advice tools had been used by major superannuation ...

Centrepoint locks-in CEO with incentive bonus

LAURA MILLAN  |  TUESDAY, 6 AUG 2013
Centrepoint Alliance, the parent company of Professional Investment Services (PIS) dealer group, has approved the issue of up to $1.5 million of fully paid ordinary shares to Centrepoint and PIS managing director John De Zwart as a long term incentive. ...

Sunsuper CEO steps down

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
Sunsuper chief executive has stepped down from his position after six years of service and following discussions over a period of time with the Queensland-based super fund. Tony Lally will now pursue a career as non-executive director and Bruce Wilson ...

India's triple dilemma

BENJAMIN ONG  |  WEDNESDAY, 31 JUL 2013
... the neighbours'. This is the reason why the Bank of Japan (BOJ) embarked on a gargantuan monetary policy stimulus back in April (although the BOJ says it is targeting the economy, not the yen -and the G20 believed it). This is the reason why South Korea's ...

Financial planners lose out to accountants on SMSFs

JAMES FERNYHOUGH  |  THURSDAY, 25 JUL 2013
The number of self-managed superannuation funds (SMSFs) using a fully qualified financial planner has declined over the past six years, despite a significant increase in the number of SMSFs, a new report has shown. Much of this potential new business ...

SFG to look at WHK acquisition after reporting season

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
SFG Australia will revisit a WHK Group acquisition after reporting season, even though it withdrew an initial proposal on May 2013. A SFGA spokesperson told Financial Standard that the company has not completely lost interest on a potential WHK merger ...

Macquarie expects 2014 profit rise after strong quarter

MARK SMITH  |  THURSDAY, 25 JUL 2013
The strong performances of Macquarie Group's wealth divisions have led the financial services company to confirm it expects to report a year-on-year rise in profits for 2014. In a first quarter update ahead of the group's annual general meeting, managing ...

Centrepoint spent $4.9 million in client claims

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
Professional Investment Services (PIS) owner Centrepoint Alliance Group spent $4.9 million to cover client claims in relation to the performance of some of its advisers. The company revealed to the Australian Securities Exchange (ASX) that the group ...