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Showing 461 - 470 of 1880 results for "Lendi"

IOOF faces new class action

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
Shine Lawyers today commenced a new class action against IOOF on behalf of shareholders. Shine Lawyers conducted an investigation into misconduct at IOOF which included obtaining a Federal Court order for IOOF to produce documents relevant to the alleged ...

SMSF property adviser pleads guilty

ELIZA BAVIN  |  MONDAY, 24 FEB 2020
The director of a 'one-stop-shop' for SMSFs has pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents. George Nowak, director of EJ Property Developments, formerly Charterhill, entered the guilty plea ...

Consultation on mortgage broker best interests duty opens

ALLY SELBY  |  THURSDAY, 20 FEB 2020
The corporate watchdog has started a four week consultation process to draft guidance on the new best interests duty for Australia's mortgage brokers. From July 1 this year, mortgage brokers will be legally required to act in the best interests of consumers ...

Advisers choose remediation over advice

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
A recruiter has revealed advertisements for jobs in financial advice are only attracting between two and eight applications, while advice remediation jobs can see up to 300 applicants. Christopher Gordon is director at Profusion Group, a recruiter that ...

Macquarie suit to lead Challenger joint venture

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
Challenger and an American fund manager have hired from Macquarie's Sydney offices, as they appoint an Australia head for their joint venture which is readying a credit fund. Ares Australia Management was set up in October last year as a joint venture ...

Perpetual appoints APAC lead

ALLY SELBY  |  MONDAY, 3 FEB 2020
Perpetual has appointed a new managing director to lead its Asia Pacific operations. Matt Allen has rejoined Perpetual in the newly-created Singapore-based role, and will be responsible for the firm's growth strategy. He will focus on growing the Perpetual ...

Uncertainty remains for global outlook: TCorp

ELIZA BAVIN  |  THURSDAY, 30 JAN 2020
TCorp is not anticipating a significant fiscal boost for Australia this year, listing a number of US factors as key issues for the global economy in 2020. New research from the investment and financial management firm lists the key factors that are ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
It could have been because it happened at the same time that the coronavirus was making the headlines, or because financial markets widely expected it, or a bit of both, but the European Central Bank's (ECB) first Governing Council meeting for 2020 ...

More staff embroiled in Macquarie investigation

HARRISON WORLEY  |  FRIDAY, 24 JAN 2020
German authorities have expanded their investigation into a 2011 lending transaction, doubling the number of Macquarie staff considered suspects since late 2018. In an update to the ASX on Thursday evening, Macquarie said it was cooperating with an ...

American private debt fund eyes Australia

KANIKA SOOD  |  THURSDAY, 23 JAN 2020
A private debt manager with stellar past returns, is eyeing local superannuation funds as it starts to raise for a new fund. Victory Park Capital, headquartered in Chicago, is best known in the US for lending to financial services companies, focused ...