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| | | ... eight years. Spooner's ban has been recorded on the Banned and Disqualified Register. He is just the latest MWL financial adviser to be banned, following the earlier suspension of four advisers in July. On August 25, ASIC cancelled MWL's Australian financial ... |
| | | | HUB24 achieved net inflows of $5.2 billion in the first quarter of FY26, representing a 28% increase on the prior corresponding period. Total funds under administration (FUA) reached $146.5 billion, up 30%. This includes Platform FUA of $122 billion ... |
| | | | Stopping short of calling it vertically integrated, ASIC warns it aims to uncover any conflicts of interests in the managed accounts sector particularly as more AFSLs build in-house products. ASIC commissioner Alan Kirkland said the managed accounts ... |
| | | | ... at iSelect in roles spanning sales management, training and call centre leadership. Having also worked as a financial adviser, he has a deep understanding of adviser needs and client expectations. "We're pleased to welcome David to the team in a ... |
| | | | ... governance, a robust investment process, and a clear value proposition to be considered. Commenting, Vanguard head of financial adviser services Rachel White said the portfolios provide advisers with the best capabilities from the two businesses. "In ... |
| | | | ... called by a lead generator, someone who excites further their interest, and then get connected with a licensed financial adviser, and it goes on from there." Several financial advisers are within ASIC's crosshairs. For example, principal and financial ... |
| | | | BlackRock is gearing up to list a Bitcoin ETF for Australian investors, according to ASIC filings. Last month, a new managed investment scheme titled 'iShares Bitcoin ETF' appeared on the ASIC Register, followed by the registration of a 'Trustee ... |
| | | | Ausbil Investment Management has listed two active exchange-traded funds (ETFs) on the Australian Securities Exchange (ASX), with one investing in global small caps and the other in infrastructure. The Ausbil Global Small Cap Fund - Active ETF (ASX ... |
| | | | Advice platform AZ Next Generation Advisory (AZ NGA) has increased its stake in financial advice firm Geographe Financial Group (Geographe). Geographe has provided advice on superannuation, investments and insurance since 1976 for clients in Western ... |
| | | | The Council of Australian Life Insurers (CALI) is developing an industry action plan for mental health claims over the next 12 months, working with an expert panel from related fields to ensure claimants are assessed appropriately. The framework will ... |
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