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Showing 61 - 70 of 600 results for "Authorised Representative"

Powerhouse Ventures to acquire Aliwa

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... profitable entity with experienced compliance operatives. It currently has a number of existing Corporate Authorised Representative (CAR) agreements with existing fund management businesses," he said.

Federal Court approves AMP BOLR class action settlement

KARREN VERGARA  |  MONDAY, 9 SEP 2024
The Federal Court has approved the $100 million Buyer of Last Resort (BOLR) class action settlement despite some participants objecting to it, calling for a larger payout and making AMP accountable for its actions. Justice McElwaine approved the settlement ...

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
The Federal Court has appointed new receivers and administrators to Keystone Asset Management, as ASIC attempts to identify where more than $100 million of investors' money has gone. The Federal Court appointed Jason Tracy and Lucica Palaghia of ...

Story Wealth co-founder joins Kearney

KARREN VERGARA  |  FRIDAY, 6 SEP 2024
... practitioners in the country and I cannot wait to see what we create together." Graham previously was an authorised representative of Securitor Wealth for more than 18 years. She has held board roles at Securitor Financial Group's National Advisory Council ...

Centrepoint profit jumps, grows advisers

ELIZA BAVIN  |  THURSDAY, 22 AUG 2024
Centrepoint Alliance has reported a 20% increase in EBITDA for FY24 of $9.1 million and NPAT of $7.8 million, up $1.5 million from FY23. Gross revenue across the network of licensed financial advisers and self-licensed firms increased by 6% to $288 ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
The founder and former chief executive of wealth management firm United Global Capital, Joel Hewish, has been slapped with a 10-year ban from providing financial services. Hewish, who is also prohibited from holding any role within a financial services ...

ASIC permanently bans Queensland adviser

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
... services business. ASIC found Abdalla, as the general manager of the financial services licensee, asked an authorised representative of the licensee, who was not working at the time, to sign documents misleading clients into thinking that personal advice ...

Stake to operate under its own AFSL

ANDREW MCKEAN  |  MONDAY, 8 JUL 2024
Stake currently provides financial services as an authorised representative of Sanlam Private Wealth and global payments giant Airwallex; both hold an AFSL. But soon, Stake will operate under its own AFSL, offering services as an authorised representative ...

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... revenue of the Melican. AWAG also onboarded Murdoch Private Wealth, which is based in Kew, Victoria, as an authorised representative of CHPW Financial, its wealth management advisory services business. Along with CHPW Financial, AWAG operates an investment ...

AAT slashes adviser ban

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... ruled it will now end on 24 April 2025. Between 30 September 2009 and 28 September 2015, Betalli was an authorised representative of Count Financial, and after that went to HNW Planning. He runs Betalli & Associates, a tax and accounting business, and ...