Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 51 - 60 of 100+ results for "LIC"
Former Financial Circle director charged
ELIZA BAVIN  |  MONDAY, 16 NOV 2020
Former Financial Circle director Joshua Fuoco has been charged with managing a corporation whilst disqualified. Melbourne-based Fuoco was charged with four offences following an ASIC investigation. He was charged with three counts of managing a corporation ...
CountPlus to continue acquisition spree
ANNABELLE DICKSON  |  MONDAY, 16 NOV 2020
The ASX-listed advice and accounting group has confirmed it will continue to carry out its extensive growth strategy with further "tuck-in" acquisitions. Speaking at the company's annual general meeting, CountPlus chair Ray Kellerman said the "considerable ...
RC recommendations closer to legislation
KARREN VERGARA  |  FRIDAY, 13 NOV 2020
A slew of regulation recommended by the Hayne Royal Commission to tighten the reigns in the superannuation industry will come into force with the introduction of a new bill. Introduced in Parliament on November 12, the Financial Sector Reform (Hayne ...
ClearView flags future with HUB24
ELIZABETH MCARTHUR  |  THURSDAY, 12 NOV 2020
In an update ahead of its annual general meeting, ClearView hinted at the future of its developing partnership with HUB24. Through the partnership, ClearView offers advisers and customers an investment administration wrap platform facilitated by HUB24. ...
AAT affirms SMSF adviser ban
JAMIE WILLIAMSON  |  WEDNESDAY, 11 NOV 2020
The Administrative Appeals Tribunal (AAT) has upheld a ban imposed by ASIC on an SMSF adviser who failed to disclose significant conflicts of interest. In December 2019, Wayne Blazejczyk was banned by the regulator for five years after he was found ...
CountPlus adds former MLC practice
KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
CountPlus has added new financial advice firm to the fold that was part of MLC's Godfrey Pembroke for 19 years. Ascent Private Wealth joined CountPlus as a member firm, leaving the MLC dealer group shortly after it was acquired by IOOF. Melbourne-based ...
Invesco advances active non-transparent ETF
KARREN VERGARA  |  WEDNESDAY, 11 NOV 2020
Invesco is closer to launching a new ETF model in the US that hides the fund's investment strategy and some of its holdings. The global investment manager is in the final regulatory stage of having its active non-transparent ETF model approved. ...
Dealer group chief departs
ELIZABETH MCARTHUR  |  WEDNESDAY, 11 NOV 2020
The chief executive of an IOOF licensee will depart the group, as the impacts of the company's wealth restructure continues to be felt. Lonsdale Financial Group chief executive Mark Stephen will depart at the end of the month. The move comes after Milennium3 ...
Channel Capital in management buyout
KANIKA SOOD  |  TUESDAY, 10 NOV 2020
The Sydney multi-boutique is bidding farewell to its minority equity partner Highbury Partnership, as it enlists a new passive investor to bring ownership back to the management. Highbury invested about $15 million in Channel Capital in 2017 when the ...
New York hedge fund invests in Thorney LIC
KANIKA SOOD  |  TUESDAY, 10 NOV 2020
Alex Waislitz's Thorney Technologies LIC which invests in tech companies has attracted investment from New York's Woodson Capital Management. TEK conducted a $27 million placement to institutional, professional and sophisticated investors, as a part ...
Link to something 9ZOCAmFs