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Showing 221 - 230 of 424 results for "Financial Services business"

Longstanding Godfrey Pembroke practice seeks own AFSL

JAMIE WILLIAMSON  |  MONDAY, 4 DEC 2017
... "Scholten Collins McKissock Wealth Management has evolved over more than three decades into a diversified financial services business, and we are looking forward to the next step in the journey as we move to our own Australian Financial Services Licence." ...

Regal farewells co-founder in board makeover

JAMIE WILLIAMSON  |  WEDNESDAY, 25 OCT 2017
One of the co-founders of Regal Funds Management has stepped down from his non-executive director position on the firm's board. In what was described as the final step in his transition away from the $1.4 billion manager, Andrew King stepped down from ...

Netwealth lodges prospectus for IPO

KARREN VERGARA  |  TUESDAY, 24 OCT 2017
... Netwealth Holdings Limited (NHL), which together with its subsidiaries will operate the Netwealth financial services business, the company said in a statement. "The proceeds of the offer will be paid to existing shareholders to fund the cash purchase ...

IRESS enters regtech realm

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2017
IRESS inked a $2 million strategic regtech partnership to assist financial services businesses improve compliance. The performance-linked investment in regtech and data analytics company Lucsan marks IRESS' first minority equity investment. The non-material ...

Broaden ASIC banning powers: Report

KARREN VERGARA  |  THURSDAY, 7 SEP 2017
... consultation paper noted. ASIC should be able to ban an individual from performing a specific function in a financial services business if it has reason to believe they were not fit and proper, adequately trained or competent in performing the role at ...

Financial services leaders push for marriage equality

EMMA RAPAPORT  |  THURSDAY, 24 AUG 2017
More than sixty major financial services institutions are supporting marriage equality in the lead up to the highly anticipated postal survey on same-sex marriage. Financial services businesses ranging from superannuation funds AustralianSuper and HESTA ...

ASIC links previously banned adviser to court proceedings

EMMA RAPAPORT  |  WEDNESDAY, 16 AUG 2017
... that he was involved in: Unconscionable conduct by WRM, Yes FP and Yes FS; Carrying on an unlicensed financial services business by Yes FS; and Yes FS's misleading and deceptive representations. WRM is licensed to advise retail clients about, and deal ...

ASIC bans former Avestra directors

ALEX BURKE  |  WEDNESDAY, 17 MAY 2017
... companies. These orders follow interim orders made on May 1 to prevent Courtenay House from carrying on a financial services business and preventing Courtenay House director Tony Iervasi from leaving the country. According to ASIC, the amount of investor ...

Unlicensed financial services' provider convicted

EMMA RAPAPORT  |  WEDNESDAY, 3 MAY 2017
A Melbourne man has pleaded guilty in the Magistrates Court to one count of operating a financial services business without a licence. Grant Thorsby Ross (also known as David Thorsby Ross), the former sole director of both Motabank and Multimedia Marketing ...

ASIC cancels AFSL licences

EMMA RAPAPORT  |  MONDAY, 27 MAR 2017
... specialises in stockbroking, corporate finance and advisory services, will be prohibited from conducting a financial services business in Australia. In particular, ASIC has found that the two licensees failed to: Lodge annual financial statements and ...