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Showing 221 - 230 of 439 results for "Financial Services business"

OneVue and boutique fund manager ink platform deal

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... private label is expected to launch shortly. Releasing its annual results yesterday, the diversified financial services business recorded a 20% jump in revenue, bringing in $49 million over the 12 month period. This was due in large part to the growth ...

Former licensee chief to lead fund manager

JAMIE WILLIAMSON  |  TUESDAY, 21 AUG 2018
The former chief executive of a financial advice dealer group will now lead an $855 million investment manager. Clime Investment Management has appointed Rod Bristow to the newly-created role of group chief executive. Bristow served as chief executive ...

Dover AFSL cancelled, McMaster exits industry

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... group that it would conduct an administrative hearing to assess Dover's ongoing ability to operate a financial services business. ASIC was concerned that by intending to rely on the policy, Dover had failed deliberately and systematically for over two ...

CBA to demerge CFS, mulls further CommInsure sell-off

JAMIE WILLIAMSON  |  MONDAY, 25 JUN 2018
... Loans. Commonwealth Financial Planning will be retained by the bank and form part of its consumer financial services business within its Retail Banking Services Division. In April the bank announced it would pursue an initial public offering for CFSGAM ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
... obligations in offering advice to clients. The court also ordered that WRM be restrained from carrying on a financial services business for 18 years. After the court ruling, ASIC decided to cancel the firm's AFS licence as it had ceased to carry on its ...

Federal government responds to white collar crime Senate inquiry

KANIKA SOOD  |  MONDAY, 7 MAY 2018
... person "not adequately trained to provide financial services or to perform their specific role in a financial services business" or someone who is not fit and proper. ASIC will also be allowed to refuse or cancel licensee applications, or place obligations ...

Financial services data breaches recorded

HARRISON WORLEY  |  FRIDAY, 13 APR 2018
The Australian finance sector was responsible for 13% of notifiable data breaches reported to the Office of the Australian Information Commissioner in the first quarter of 2018. The OAIC Quarterly Statistics report outlined the top five industry sectors ...

Affordable advice outsourcing at the ready

JAMIE WILLIAMSON  |  WEDNESDAY, 4 APR 2018
A new partnership will provide financial advice practices with access to a cost-effective, "off the shelf" outsourcing solution to ease back-office pressures. DBA Advisory and financial planning software provider FinPal have joined forces to improve ...

Latest investment scam targets Jersey residents

JAMIE WILLIAMSON  |  WEDNESDAY, 7 MAR 2018
... Jersey or Australia; a search of the ASIC business register shows no result of any such company. Any financial services business operating on the self-governing British Crown Dependency must be licensed by the JFSC or hold an appropriate exemption. The ...

Royal Commission seeks further disclosure over financial misconduct

DARREN SNYDER  |  MONDAY, 12 FEB 2018
Commissioner Kenneth Hayne had to repeatedly ask some of Australia's largest financial services businesses to properly explain the nature, extent and effect of any misconduct over the past five to 10 years. Overseeing the Royal Commission into the Misconduct ...