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Showing 301 - 310 of 901 results for "Australian Financial Service"

Insurer must refund $330k

EMMA RAPAPORT  |  WEDNESDAY, 21 JUN 2017
Virginia Surety Company, a general insurer whose bundled add-on products included life insurance cover, has been subject to an ASIC investigation involving more than 500 customers. In a release issued by the regulator, Virginia Surety was said to have ...

Permanent ban for ex-OnePath adviser

KARREN VERGARA  |  MONDAY, 19 JUN 2017
ASIC has permanently banned a financial adviser for double charging clients and falsifying records. Robert Hutchison, from Western Australia, was an authorised representative of RI Advice Group, an Australian financial services licensee owned by OnePath ...

Funds management not up to scratch: ASIC

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
The funds management industry has demonstrated broad commitment to its legal obligations but is still falling short in a number of areas. In a report issued yesterday, ASIC found that responsible entities operating managed funds on behalf of retail ...

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
The AFSL of an international foreign exchange brokerage service provider was cancelled by ASIC for non-compliance. The Australian arm of Gallop International was found to have repeatedly failed to comply with the conditions of its licence and its obligations ...

Bringing funds management to the masses

ALEX BURKE  |  FRIDAY, 26 MAY 2017
The Financial Services Council is aiming to make Australia's funds management industry more palatable to younger everyday consumers, arguing that investing in a managed fund is easier than buying a house. The FSC's Value of Professional Funds Management ...

Ignition Wealth secures BT Panorama deal

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
Investors, advisers and accountants will benefit from a new partnership between Ignition Wealth and one of Australia's largest platforms. Users of BT Panorama will be able to access Ignition Wealth's 360 digital advice solution from Q3 2017, allowing ...

Private wealth specialist appoints chief executive

ALEX BURKE  |  THURSDAY, 11 MAY 2017
Boutique wealth firm Sterling Private Wealth is welcoming a new chief executive. David Murray joins Sterling from BT Investment Solutions, where he was a regional practice business manager for the BT Magnitude dealer group. Before that, he was a director ...

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 ...

Legalsuper awards global equities mandate

ALEX BURKE  |  WEDNESDAY, 26 APR 2017
Legalsuper, the $3.1 billion super fund for Australia's legal community, awarded a global equities mandate to a boutique firm in Florida. GQG Partners was launched in June 2016 as a subsidiary of Pacific Current Group, and manages $4.5 billion in assets ...

ASIC cancels suspended AFSL

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
ASIC has cancelled the Australian financial services licence of Parramatta-based company Rural & General Insurance Broking for failing to comply with legal obligations and licence conditions. The regulator found the company failed to lodge annual financial ...