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Showing 391 - 400 of 1866 results for "broker"

Queensland adviser barred from industry

ALLY SELBY  |  WEDNESDAY, 26 FEB 2020
... Financial Options advisory business. Financial Options had previously held licences as a securities dealer and life insurance broker, and had been running since 1985. The cancellation comes after Financial Options' AFS licence was suspended in August ...

New Aussie ETF to invest in FAANGs

KANIKA SOOD  |  FRIDAY, 21 FEB 2020
ETF Securities is set to launch a new exchange traded fund on the ASX that will invest in 10 companies including Facebook, Apple, Amazon and Google which together returned 45% last year. The ETF's will hold 10 stocks in equal weighting, adding names ...

Xplore Wealth outlines 2020 plans

ALLY SELBY  |  FRIDAY, 21 FEB 2020
ASX-listed platform Xplore Wealth has announced a slew of new products and offers, set to launch in 2020. It comes as the platform provider releases its results for the 1H2020 financial year. Xplore is set to release three new products in 2020, including ...

Morgan Stanley acquires E*TRADE

ELIZA BAVIN  |  FRIDAY, 21 FEB 2020
Morgan Stanley has acquired E*TRADE in the United States in a $20 billion (US$13 billion) deal. E*TRADE stockholders will receive 1.0432 Morgan Stanley shares for each equivalent share, which is about US$58 per share. Morgan Stanley said the deal will ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
... brokers in February 2019. The duty seeks to align the interests and expectations of the consumer with that of their mortgage broker, with ASIC proposing brokers should consider products holistically to assess whether they are in the client's best interests. ...

JP Morgan appoints two Aussie leads

ALLY SELBY  |  TUESDAY, 18 FEB 2020
JP Morgan has appointed not one, but two co-heads to lead the firm's investment banking business down under. Jabe Jerram and Simon Ranson have been appointed as co-heads of JP Morgan's investment banking coverage. A JP Morgan spokesperson said the appointments ...

Magellan cracks $100 billion

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... an active ETF without giving away its stockholdings for free, it front-ran Treasury's current scrutiny into adviser/broker commissions on LITs and LICs last year and has been working on a retirement product.

Former ANZ Wealth retirement head joins CoreLogic

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
... Vaughan said the appointment comes at a time when there is unprecedented change in the mortgage market to digitise customer, broker and lender experiences while dealing with increased competition and regulatory overhead. "We are extremely pleased to ...

Perth advice firm folds

KANIKA SOOD  |  TUESDAY, 4 FEB 2020
A Perth-based financial advice firm had to call in liquidators, with its directors blaming a 30% fall in its business revenue after the Royal Commission among other reasons. WA Wealth Managers (and WAWM Holdings Pty Ltd, as the main related firm) was ...

PIMCO puts Aussie LIT on ice

KANIKA SOOD  |  MONDAY, 3 FEB 2020
The fixed income giant has pulled the brakes on its $1 billion listed investment trust, as the Treasury conducts a public consultation on stamping fees for LICs and LITs. PIMCO announced plans to raise for the LIT in November last year, in what was ...