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Showing 11 - 20 of 61 results for "Beacon"

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
... five years in November 2019. Much of the money was allegedly used by Linchpin to make loans to itself and then-subsidiary Beacon Financial Group. Daly received loans totalling about $130,000, while Raftery took $40,000 on loan. Daly's was initially ...

Morrison Securities stake to net Sequoia $40m

JAMIE WILLIAMSON  |  THURSDAY, 9 MAR 2023
Sequoia Financial Group is offloading 80% of Morrison Securities to a digital wealth platform for $40.5 million. The listed wealth group is divesting 80% of its equity interest in the stockbroker to New Quantum Holdings, leaving Sequoia's balance sheet ...

Ethereum merge: What it means for crypto

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
... "The merge occurred when Ethereum's existing execution layer 'merged' with the new proof-of-stake consensus layer, the Beacon Chain, on September 15." "The merging of the two removes the need for energy-intensive 'mining' and transfers the responsibility ...

Centuria acquires industrial assets

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... for a combined $32.5 million. As the responsible entity of the ASX-listed REIT, Centuria Property Funds No. 2 acquired a Beacon Lightings purpose-built distribution facility in Melbourne, as well as Breezeway Australia's Queensland head office and manufacturing ...

No returns in sight for AAP investors

ALLY SELBY  |  TUESDAY, 21 JUL 2020
... enthusiasm". Now, having saved the outlet from certain closure, Harrington said he hopes media owners see the investment as a "beacon of hope". "I think this shows that there are different ownership models," Harrington said. "I hope that more media owners ...

ASIC bans Linchpin directors

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
... Linchpin, Williams and Raftery were also directors of Endeavour Securities. Daly was formerly the managing directer of Beacon Financial, which was a subsidiary of Linchpin. He also used to be the chair of the Association of Independently Owned Financial ...

Colonial First State cuts fees, closes legacy options

KANIKA SOOD  |  TUESDAY, 3 MAR 2020
... products (legacy super, pension and FirstChoice wholesale personal super), FirstChoice Employer Super, and the FirstWrap and Beacon products. The biggest change is for retail product members in legacy super and pension retail products. About 190,000 ...

The sick short: Banking big on the coronavirus

ALLY SELBY  |  WEDNESDAY, 19 FEB 2020
... US problem. The Apple downgrade overnight brought it home, in a major way, to the US. Their tech monolith, the shining beacon of growth, is taking a hit." He believes investors would have bet on an Apple downgrade. "It's fairly well known that the ...

Former Apogee, GPS Wealth advisers banned

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... clients being worse off. Rothnie is a former authorised representative of GPS Wealth and has also previously been licensed by Beacon Financial Group subsidiary The FinancialLink Group. According to the Tax Practitioners Board website, he is a member ...

Adviser cops three-year ban

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... a financial adviser in 2012 and worked for a number of licensees, including Spring Financial Group for three months and Beacon Financial Group for two months. He spent the longest stretch of his advice career at Sentinel Private Wealth, for about four ...