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Showing 221 - 230 of 941 results for "Representatives 221"

Sequoia completes acquisitions

ANNABELLE DICKSON  |  TUESDAY, 2 FEB 2021
Seqouia Financial Group's subsidiary Docs Centre has completed the acquisition of corporate registry firm Panthercorp from Easton Investments and finalised a purchase of assets. The integrated financial services company funded the $1.7 million purchase ...

RSE trustee board composition evolving

KANIKA SOOD  |  MONDAY, 1 FEB 2021
In the last six years, independent directors have gone from holding 5.2% of the total board positions at RSE licensees to 10.7% of them as at June 2020, says new APRA data. The total directorships at responsible superannuation entity licensees shrunk ...

AFCA forced into rule change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
The Australian Financial Complaints Authority has been forced into a rule change regarding its jurisdiction over authorised representatives after a court decision. The NSW Supreme Court ruled in the case of DH Flinders v Australian Financial Complaints ...

Boards suffer from disconnect between risk, strategy

ELIZA BAVIN  |  WEDNESDAY, 20 JAN 2021
New research from Deloitte has found there is a disconnect between boards' risk appetite and effective strategic planning, which it said is threatening companies' ability to take on risk. The report, Refocus on Risk to Thrive, was based on interviews ...

IOOF ups costs for self-employed advisers

ELIZA BAVIN  |  TUESDAY, 1 DEC 2020
Self-employed financial advisers working with IOOF will have to pay more for the same services under the new IOOF structure which will focus the business on three key pillars in the advice space. Speaking to investors today, IOOF chief advice officer ...

PPS Mutual hires from Synchron

ANNABELLE DICKSON  |  MONDAY, 9 NOV 2020
Former Synchron state manager has joined mutual insurance firm PPS Mutual as a senior business development manager to strengthen its distribution in Victoria and Tasmania. Jason Milosevski has been the Victorian state manager at Synchron for the past ...

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
The Federal Court has frozen the funds of a suspected investment scammer and ordered the winding up of two unlicensed financial services businesses, upon referral from the Australian Securities and Investments Commission (ASIC). The Federal Court has ...

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
Link Group has concluded the takeover proposal led by Pacific Equity Partners and Carlyle Group materially undervalues the business. The consortium, led by the two private equity firms was offering $5.20 per share via a scheme of arrangement. Link said ...

Derivatives issuer cops $75m penalty

ELIZA BAVIN  |  MONDAY, 19 OCT 2020
The Federal Court has imposed a $75 million penalty on OTC derivative issuer AGM Markets and former authorised representatives OT Markets and Ozifin. AGM was ordered to pay $35 million, while OTM and Ozfin have each been ordered to pay $20 million. ...

AMP Capital included in UNPRI Leaders Group

ALLY SELBY  |  THURSDAY, 8 OCT 2020
AMP Capital has been included in a prestigious list celebrating excellence in responsible investment, amid a turbulent year during which controversy after controversy has rocked the investment manager. AMP Capital was named alongside 16 asset owners ...