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Showing 321 - 330 of 970 results for "Registered"

Synchron compliance lead moves to AMP

ELIZABETH MCARTHUR  |  MONDAY, 17 AUG 2020
... to the Synchron board. According to Rainmaker data from June, AMP is the largest advice AFSL in Australia with 1025 registered advisers, a 4.7% market share. The second largest is the SMSF Adviser Network, an AFSL designed for accountants that want to ...

ASIC winds up illegal land banking scheme

ALLY SELBY  |  MONDAY, 17 AUG 2020
... investment scheme, which related to the purchase of land at Lot 2, 615 Hume Highway in Beveridge, Victoria, was not registered under the Corporations Act and subsequently has been ordered to be wound up. The decision comes after ASIC alleged that Askk ...

CFA Institute reveals new exam regime

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... the tasks and problem-solving needs of today's financial analysts and investment managers." Candidates who have registered and postponed for June examinations have until August 19 to register to what is now the final paper-based exam in December ...

Regulatory, legal exam questions trip up advisers

ELIZABETH MCARTHUR  |  MONDAY, 3 AUG 2020
... 10,239 advisers sat the exam in June - with the exam held online due to COVID-19 restrictions. Over 1600 advisers have registered for the August exam, to be held in metropolitan and regional locations and online from August 13-18. The Melbourne exams ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... increase (from declines of 4.3% in April and 34.9% in March). NBS figures also showed that 37 out of 41 major sectors registered stronger growth or smaller rates of decline. The potential for a third wave in China cannot be dismissed given continuing ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... investors then immediately sold or "flipped" the bonds to other broker-dealers at a profit. The SEC found that UBS registered representatives knew or should have known that flippers were not eligible for retail priority. It also found that these representatives ...

Ombudsman demands changes for small business insolvencies

ANNABELLE DICKSON  |  TUESDAY, 21 JUL 2020
... entering liquidation have assets less than $10,000. "Throughout the course of this Inquiry, we have spoken with a range of registered liquidators who have indicated the minimum cost of a straightforward voluntary administration is about $12,000, while ...

Almost 2000 advisers gone so far in 2020

ELIZABETH MCARTHUR  |  TUESDAY, 21 JUL 2020
... being wound down shed virtually all their advisers. PriceWaterhouseCoopers Securities went from having 56 advisers registered to two in the last six months. Merit Wealth lost 45, while Ausure lost 42. Consilium, the licensee which had picked up the Dover ...

Former investment adviser charged with $85m fraud

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
The US Securities and Exchange Commission have charged a former registered investment adviser with fraud for his alleged role in a US$60 million Ponzi-like scheme. The SEC alleges that David Hu, the co-founder and chief investment officer of International ...

Growth outplays value: Frontier

ELIZA BAVIN  |  THURSDAY, 16 JUL 2020
... performance across sectors was quite different, with only the technology, consumer discretionary and material sectors registered a positive result for the quarter to June. Emerging markets did not perform as well relative to developed markets for both ...