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Showing 241 - 250 of 600 results for "Authorised Representative"

Licensee faces hefty remediation bill

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 SEP 2019
... remediated those clients that did not receive appropriate advice. Prior to ClearView, Churchill was an authorised representative of Centrepoint Alliance's Professional Investment Services from 2003 to 2012. ClearView also began reviewing its advisers' ...

No extension to FASEA deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 28 AUG 2019
Assistant Minister for Financial Services, Superannuation and Financial Technology Jane Hume has failed to announce an expected extension to the FASEA deadline but has assured the industry the government is not looking to force experienced financial ...

ASIC bans financial adviser

KRISTI CHENG  |  WEDNESDAY, 28 AUG 2019
... situation and needs, or investigate whether the financial products recommended were suitable. Goudie was an authorised representative of Risk and Investment Advisors Australia, and National Australia Bank-owned GWM Adviser Services before the ban. In ...

Down but not out: Top advisers adapt

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... However, he says it's important to be realistic with new staff about the fact that they might not be an authorised representative from day one - as getting to that point is a huge investment of time and money for the business. The industry must also ...

Centrepoint revenue model improves bottomline

KARREN VERGARA  |  THURSDAY, 22 AUG 2019
... Centrepoint authorised representatives transitioned to the new pricing model. Revenue, which was earned from authorised representative fees, advice commission, virtual services and investment products, reached $116.9 million, down 4% year on year. Benbow ...

ASIC bans SMSF business director

HARRISON WORLEY  |  THURSDAY, 22 AUG 2019
... an Australian financial services license, nor an Australian credit license, and was not acting as an authorised representative of another licensee. The regulator noted Goldenberg should not have been providing financial services at all. "ASIC found Goldenberg ...

ASIC bans adviser again

HARRISON WORLEY  |  FRIDAY, 16 AUG 2019
... act in the best interests of his clients. According to ASIC, a review of advice Aujla provided as an authorised representative of Infocus Securities Australia and Chaucer Group revealed he failed to obtain adequate information from clients about their ...

Sequoia acquires dealer group

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2019
Sequoia Financial Group has acquired a national dealer group, home to 68 authorised representatives. Sequoia acquired Sydney-based Libertas Financial Planning, a national licensee with 68 authorized representatives as at August 1, 60 of which are active ...

Adviser stole $200k from SMSFs

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... the worst of the offences happened between April 2012 and September 2018. At the time, Michael was an authorised representative of Marigold Falconer International and Allied Financial Solutions through his business RM Wealth Management. Between 2004 ...

Former financial adviser jailed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... dishonesty offences committed when he was director of James Gibbs Investments. At the time, Gibbs was an authorised representative of Madison Financial Group. ASIC said losses to Gibbs' clients came to a total of approximately $4.88 million. Gibbs' clients ...