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Showing 661 - 670 of 5851 results for "Profession"

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... was riding high in 2019 with 26,500 registered financial advisers." The industry saw a boom in advisers entering the profession of about 8500 between 2015 and 2019. By 1 January 2019, advisers had to be registered on the Financial Adviser Register (FAR) ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
ASIC has banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson ...

Perpetual global head of distribution exits

ELIZABETH FRY  |  FRIDAY, 19 JUL 2024
Perpetual has streamlined its distribution team, in a move that sees the departure of three senior executives including the global heads of distribution and product. The asset manager confirmed Adam Quaife and Matthew Cahill have left their roles as ...

FICAP to support Aussie icon in 2024

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
The Financial Industry Community Aid Program (FICAP) will raise funds for Life Ed, the charity behind Healthy Harold, at its annual RockStar event next week. FICAP has selected Life Ed as its new charity partner in 2024, providing funding for the Healthy ...

Rogue Sequoia shareholders slapped with orders

KARREN VERGARA  |  MONDAY, 15 JUL 2024
The Takeovers Panel has slapped a series of orders on Sequoia Financial Group shareholders who attempted to overthrow the leadership. The panel handed down several restrictions on the rogue shareholders and their associated entities that have substantial ...

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... and almost 2.5 years after being put into administration - we can see the full potential impact of this matter on our profession and the costs we may need to pay for it, via the CSLR," Abood said. Dixon's parent company E&P Financial Group settled ...

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... the industry?" he said. Financial Advice Association Australia (FAAA) data shows that only 312 advisers entered the profession in 2023. "We've lost a lot of experienced advisers that we didn't need to lose, we didn't want to lose, and their ...

Adviser permanently banned for faking qualifications

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
A Western Australian financial adviser was permanently banned after he lied to his employer and clients about having passed the Financial Adviser Exam. Dashiel Benjo Vee, also known as Dash Vee, is banned from providing financial services, controlling ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
Digital asset funds management firm DigitalX will launch a Bitcoin ETF on the ASX this Friday. DigitalX said that its Bitcoin ETF (ASX: BTXX) will provide a simple, liquid, and regulated structure for investors to gain exposure to the emerging digital ...

Regulation, profitability top adviser worries: BT

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... Provident Advisory managing director and principal adviser Bruce Gorry said the CSLR is the biggest issue in the advice profession at present. "The impact this has on advice practices around the country cannot be overlooked if Canberra is genuine about ...