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Showing 671 - 680 of 2997 results for "February 11"

Adviser slapped with four-year ban

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Another former Meritum Financial Group and InterPrac Financial Planning adviser has copped a ban from the corporate regulator. From 1 April 2021, ASIC banned Hobart-based Hannah Jennings from providing financial services for four years for failing to ...

Stonehouse acquires risk advice firm

KARREN VERGARA  |  MONDAY, 28 JUN 2021
Stonehouse Financial Group has acquired the books of a long-serving risk adviser who will leave the industry to pursue other interests. Financial adviser Greg Owen has sold his practice GJO Financial Services for an undisclosed amount to Jeremy Chiel ...

ASIC removes Societe Generale restrictions

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
The corporate regulator has removed AFS licence conditions imposed on the French bank after it breached client money obligations. As per the licence conditions, Societe Generale appointed an independent expert to assess and test the adequacy and effectiveness ...

Chief economist update: Thank you, my frenemy

BENJAMIN ONG  |  THURSDAY, 24 JUN 2021
China's still not taking calls from Canberra and has severed diplomatic contact under the China-Australia Strategic Economic Dialogue and the rhetoric, threats and/or measures limiting/banning imports of Australian products into its shores remain ...

Lumiant raises capital, adds to board

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
Fintech Lumiant is seeking more funding as it adds the expertise of two financial advice executives to its board. Jeff Hall will join the Lumiant board as a director after finishing up as chief operating officer of Midwinter in April. Hall's new role ...

GROW wins new super fund client

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
A Queensland superannuation fund has picked GROW Inc to replace Mercer as its administrator. The $1.4 billion Mercy Super will soon swap to GROW, after using Mercer for seven years. The transition was initially slated for a June 1 start but was delayed. ...

ME Bank acquisition receives green light

KARREN VERGARA  |  MONDAY, 21 JUN 2021
The federal government has approved the Bank of Queensland's acquisition of ME Bank, which was formerly owned by industry superannuation funds. ME Bank will officially become part of the BOQ group. The two firms said they will continue to operate ...

Aware Super, MIRA acquisition progresses

ANNABELLE DICKSON  |  MONDAY, 21 JUN 2021
The Foreign Investments Review Board (FIRB) has approved the $4.6 billion acquisition of Vocus by a consortium made up of Aware Super and Macquarie Infrastructure and Real Assets (MIRA). The consortium's bid values Vocus at $5.50 per share, which is ...

Chief economist update: It's raining jobs

BENJAMIN ONG  |  FRIDAY, 18 JUN 2021
"It's raining men! Hallelujah! It's raining men!" -The Weather Girls Australian 'men' (and women) at work' that is. According to the Australian Bureau of Statistics' (ABS): "Employment increased by 115,000 people in May, following the 31,000 ...

Chief economist update: Anchoring the recovery

BENJAMIN ONG  |  TUESDAY, 15 JUN 2021
"We have to take the economy through the pandemic and into a recovery phase, which has now started. We need to really anchor the recovery. We always talk about inflation anchoring and we are not oblivious to that. But the recovery needs to be firm ...