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Showing 511 - 520 of 3163 results for "Owner"

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
Madison Financial Group has joined forces with Godfrey Pembroke's Practice Development Group (PDG), consolidating their operational and AFSL services to create a new entity providing back-office services to their financial advice networks. Madison ...

ASIC proposes five-year extension to DDO

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
ASIC has proposed a five-year extension to the design and distribution obligations (DDO), the instrument for which was originally set for a two-year period. DDO was introduced following a recommendation from the 2019 Financial System Inquiry to compel ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Robo-adviser Stockspot received a $28 million funding boost from a global fund manager that will see it expand its capabilities in the precarious digital advice landscape. Mirae Asset Global Investments announced its "major strategic investment" in ...

First Sentier appoints head of institutional distribution

CASSANDRA BALDINI  |  MONDAY, 14 AUG 2023
First Sentier Investors has appointed Kevin Kandasamy as its head of institutional distribution for Australia and New Zealand with immediate effect. Kandasamy, who is Melbourne-based, will report to First Sentier managing director and head of distribution ...

ASIC sues debt management firm, director

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... Debt Now, following concerns of substantial consumer harm. It has also taken legal action against Bakken's director and co-owner Merrilyn Mansfield. ASIC has alleged that between April 2020 to June 2022, Solve My Debt Now exploited customers who were ...

Sequoia hires chief operating officer

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
The former chief distribution officer at Praemium is starting a new gig with Sequoia Financial Group, alongside two other new hires from ASIC and WT Financial Group. Martin Morris will commence as the wealth group's chief operating officer on August ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
... fixed and variable home loan rates, Mortgage Choice chief executive Anthony Waldron said. The big four banks boosted their owner-occupier fixed rates by 0.30%. NAB for example, put up the one-year fixed rate from 6.24% to 6.54%; the two-year fixed rate ...

New product lead at Equip Super

ELIZABETH FRY  |  FRIDAY, 28 JUL 2023
Equip Super has strengthened its leadership team with the appointment of a highly experienced product lead. Reporting to Equip Super chief member officer Alexis Harrison, Anthony Angelucci has been recruited to drive Equip Super's product strategy. ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
The wealth group will consolidate its self-employed licensees under one brand, to be owned by the advisers via a new equity model. It has also confirmed it will divest most of its holding in Godfrey Pembroke and is looking to sell Millennium3. Insignia ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
With the threat of cyber-attacks growing by the day, leadership teams in all areas of financial services are being urged to ramp up cybersecurity protections, with the regulators keeping a keen eye on their efforts. But while major institutions might ...