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Showing 11 - 20 of 334 results for %22Financial Service Brokers%22

HUB24 grows FUA to $73bn

ANDREW MCKEAN  |  TUESDAY, 21 FEB 2023
HUB24 has reported strong results for 1H23, with the financial services provider's funds under administration (FUA) growing to $73 billion. Platform FUA increased to $55.8 billion while portfolio administration and reporting services (PARS) decreased ...

ASIC confirms advisers can offer home equity access guidance

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... retirement plans for clients. "Given the similarities between the HEAS and a reverse mortgage, many Australian Financial Service Licence (AFSL) holders had expressed caution about advising directly on the scheme, as it may have required an Australian ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
... years, with AFCA saying it isn't surprised by the level of fear in the industry when it comes to ASIC. Association of Financial Advisers chief executive Phil Anderson hosted a panel on the matter with ASIC senior executive leader, financial adviser Leah ...

ASIC issues warning over brokers' high-risk offers

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
... heavily skewed in the provider's favour. ASIC said brokers offering crypto-assets alongside shares and other regulated financial products may give investors a false sense of security, "leading them to believe crypto-assets have the same protections ...

Integrity Life picks AGI as group life administrator

CASSANDRA BALDINI  |  MONDAY, 15 AUG 2022
... Integrity Life as we strive to achieve our vision to be the leading provider of third-party administration solutions to the financial services industry." From August, any new group business for Integrity Life will be administered by AGI, with Integrity ...

Border rule-breaking former adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 5 APR 2022
Mark Babbage, the financial adviser who was jailed last year for breaching Western Australia's tough border restrictions to attend the AFL Grand Final, has been banned from providing advice for 10 years. Babbage was arrested by Western Australia police ...

Industry association rebrands

JAMIE WILLIAMSON  |  FRIDAY, 25 MAR 2022
The Stockbrokers and Financial Advisers Association will now be known by a name that more accurately reflects its membership, the body said. The association has received full member support to change its name to Stockbrokers and Investment Advisers ...

Hejaz Financial Services partners with outsource Financial

CHLOE WALKER  |  FRIDAY, 11 MAR 2022
... intermediaries, with 400 accredited brokers. Hejaz Finance is working with APRA to become the first Islamic financial service provider to obtain a banking licence.

Moomoo launches down under

CHLOE WALKER  |  MONDAY, 7 MAR 2022
... The platform is owned and operated by Moomoo Inc., a Silicon Valley-based technology company providing cutting-edge financial services to global retail investors, and part of Futu Holdings, the US$6.3 billion Nasdaq-listed digitised brokerage and wealth ...

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... to exit positions where possible and have reduced some positions over the last week where trading is possible." The Financial Services Council (FSC) said it will develop guidelines for super trustees and fund managers to implement all sanctions imposed ...