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Showing 421 - 430 of 1866 results for "broker"

Broker fined for lavish entertainment

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... £15.4 million, citing "lavish entertainment" and lack of effective controls. The FCA said Tullett Prebon, an inter-dealer broker which acts for institutional clients transacting in the wholesale markets, carried out "name passing" broking. An FCA investigation ...

mFunds crack $1 billion, PIMCO dominates

KANIKA SOOD  |  FRIDAY, 11 OCT 2019
... ASX's marketplace for unlisted managed funds, allowing investors and advisers to buy and sell units in managed fund via a broker on the mFund settlement service. It was launched in 2014. Fixed income funds have proven to be the most popular offering ...

Integrity Life focuses on SMEs

ELIZA BAVIN  |  TUESDAY, 8 OCT 2019
... the generally high cost of insurers. The company will launch the products through a select group of national insurance broker networks before gradually extending it to the broader market over the coming months. Powell said he expects the product to help ...

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... that of the mortgage broking industry, the UFAA said: "Within only a couple of months, the government not only reinstated broker commissions, but these commissions might end up being at a higher level than previously." "In stark contrast to the mortgage ...

Milestone ETF Rule passed

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2019
... individual exemptive relief. The SEC also voted to issue an exemptive order that further harmonises related relief for broker-dealers. "The actions announced today will replace hundreds of individualized exemptive orders with a single rule," the SEC ...

National Seniors partners with retirement funder

HARRISON WORLEY  |  FRIDAY, 27 SEP 2019
Australia's peak advocacy body for seniors partnered with a specialist retirement funding provider in an effort to improve retirement outcomes. National Seniors Australia (NSA) has partnered with Household Capital to work towards better retirement outcomes ...

Research budgets shrink at UK asset managers

KANIKA SOOD  |  FRIDAY, 20 SEP 2019
Asset managers in the United Kingdom have shrunk their research budgets by up to 30% but are delivering millions in benefits to investors, according to the UK financial authority's review of MiFID II. The Financial Conduct Authority yesterday published ...

Vanguard pilots new robo offering

ELIZABETH MCARTHUR  |  THURSDAY, 19 SEP 2019
According to documents filed with the Securities and Exchange Commission, Vanguard is launching a new digital-only financial planning service through Vanguard Advisors. The offering, which is being piloted, will be called Vanguard Digital Advisor and ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
... administrator for Club Plus, HESTA, Hostplus and AustralianSuper. All of LUCRF Super's administration is done in-house. On the broker side, CommSec also provided comment, saying: "At CommSec, the security of our customers' details is paramount. ...

Saxo partners for new reporting service

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 SEP 2019
Saxo Markets has entered into a new partnership to provide an institutional grade reporting service. The partnership with Sharesight will deliver an integrated recordkeeping service for self-directed investors. Saxo described the initiative as "open ...