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Showing 21 - 30 of 98 results for "mortgage broking"

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... advisers." Comparing the efforts of the AFA and the FPA in battling changes to remuneration structures to that of the mortgage broking industry, the UFAA said: "Within only a couple of months, the government not only reinstated broker commissions, but ...

Adviser cops three-year ban

KANIKA SOOD  |  WEDNESDAY, 25 SEP 2019
... 920B(2). Marshall holds a diploma of financial services (financial planning) and other qualifications in SMSFs, mortgage broking and finance. He is also a member of the Association of Financial Advisers, according to ASIC's Financial Adviser Register. ...

Financial services boom rolls on

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2019
... superannuation; and 30% are employed in auxiliary services such as trustee, investment management or advisory services and mortgage broking. The report also found that financial services pays well above average wages - 34% more in total earnings compared ...

CFSGAM sale clears regulatory hurdles

KANIKA SOOD  |  FRIDAY, 26 JUL 2019
... billion, subject to completion adjustments," CBA said. CBA announced its intention to demerge its asset management, mortgage broking and wealth businesses last year. In October, CBA said it was approached by MUTB after its June announcement and entered ...

Radar Results hires Queensland manager

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2019
... revenue. Radar Results also provides merger and acquisition services to accounting practices, and insurance and mortgage broking businesses.

CFS taps senior Qantas Super executive

KANIKA SOOD  |  MONDAY, 3 JUN 2019
... in the new role at CFS this week. CBA has previously announced intentions to demerge its wealth management and mortgage broking businesses by end of this year, subject to regulatory approvals. In March, it said it has suspended preparations for the demerger ...

Former NAB adviser charged

JAMIE WILLIAMSON  |  TUESDAY, 23 APR 2019
... access to funds in the fake accounts. ASIC said Eung also incorporated a company for the purpose of operating a mortgage broking business, becoming a credit representative to provide credit assistance within that business. The regulator determined Eung ...

Commonwealth Bank delays wealth demerger

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2019
Commonwealth Bank is delaying its demerger plans for its wealth management and mortgage broking businesses. Announced today, the group said it is prioritising the implementation of the Royal Commission's recommendations, refunding customers and ...

Mortgage broker trail commissions to stay

KANIKA SOOD  |  WEDNESDAY, 13 MAR 2019
... whether upfront commissions should be continued. He said the decision was made following consultation with the mortgage broking industry and small lenders. Almost 60% of residential mortgages in Australia are settled through 16,000 brokers, Frydenberg ...

Royal Commission to disrupt product distribution: Roy Morgan

JAMIE WILLIAMSON  |  WEDNESDAY, 13 FEB 2019
... interests of the customer and the need to provide service for any fee involved," the research house said. Those in mortgage broking will also be impacted, with about 39% of existing home loan balances attributable to this sector. The greatest use of ...