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Showing 31 - 40 of 126 results for "PIS"

Centrepoint spent $4.9 million in client claims

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
Professional Investment Services (PIS) owner Centrepoint Alliance Group spent $4.9 million to cover client claims in relation to the performance of some of its advisers. The company revealed to the Australian Securities Exchange (ASX) that the group ...

PIS appoints PwC as independent expert

LAURA MILLAN  |  THURSDAY, 18 JUL 2013
PriceWaterhouseCoopers (PwC) will monitor independent dealer group Professional Investment Services (PIS) for the next nine months after an order was issued yesterday by the Australian Securities and Investments Commission (ASIC). PwC will report back ...

ASIC orders further PIS scrutiny over compliance concerns

LAURA MILLAN  |  WEDNESDAY, 17 JUL 2013
Professional Investment Services (PIS) will be subject to a monitoring program by an independent expert to ensure that its advice processes meet the standards set out in a major enforceable undertaking (EU). The EU came to an end on March 2012 and PIS ...

PIS sees dramatic drop in adviser numbers

LAURA MILLAN  |  WEDNESDAY, 10 JUL 2013
Independent dealer group Professional Investment Services (PIS) has experienced a significant drop on adviser numbers in the last two years. PIS has seen its advisers drop by more than half in the last two years and it now has 559 advisers, according ...

Platforms surpass pre-GFC levels

LAURA MILLAN  |  MONDAY, 1 JUL 2013
... independently owned adviser groups represent 28% of all advisers and 17% of adviser FUA. Professional Investment Services (PIS) is the largest independent dealer group and it has seen its market share reduced by 1% in the last year, from 4.1% in March ...

Robbie Bennetts takes stake in Beacon

MARK SMITH  |  THURSDAY, 27 JUN 2013
Former Professional Investment Services (PIS) managing director Robbie Bennetts will take a stake in recently formed independent dealer group Beacon Financial Group. He will provide the firm access to tools developed by his consultancy business Robbie ...

Centrepoint set to complete full AAP acquisition

LAURA MILLAN  |  WEDNESDAY, 26 JUN 2013
... transaction to be completed on August 30, 2013. Correction: a previous version that stated that Professional Investment Services (PIS) would acquire AAP. PIS is also a subsidiary company of Centrepoint.

Retraction: Walther resigns from PIS

MARK SMITH  |  THURSDAY, 18 APR 2013
Peter Walther has resigned from his position as chief executive of Professional Investment Services (PIS), according to a company statement. John de Zwart, managing director and chief executive officer at parent company Centrepoint Alliance, has been ...

PIS award financial adviser of the year

LAURA MILLAN  |  THURSDAY, 11 APR 2013
The Professional Investment Services (PIS) announced the nine winners of its annual awards, which include Financial Adviser of the Year, Risk Adviser of the Year and Practice of the Year. Troy Theobald, from Robina Financial Solutions, was awarded Financial ...

Kim playing Duke Nukem is the bigger worry

BENJAMIN ONG  |  THURSDAY, 4 APR 2013
Oh-em-gee! That slowly revving engine of the world economy is running out of puff. Woe is us, we're in trouble now. Wall Street's down big time - the Dow's down by 0.8% and the S&P 500 slid by 1.1% -- along with Europe (Euro Stoxx 50 off 1.5% at the ...