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Showing 851 - 860 of 1875 results for "broker"

ASIC cancels 8 AFSLs after review

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
Eight advice businesses have had their Australian financial services (AFS) licenses cancelled after an Australian Securities and Investments Commission (ASIC) review into licensees that failed to lodge audited annual statement. The review has resulted ...

Australian Unity added 14 planning practices in a year

MARK SMITH  |  THURSDAY, 17 JUL 2014
Australian Unity has recruited 14 planning practices from across most mainland states in the past 12 months. The addition brings the company's total financial services tally to 77 planning practices, 122 advisers and 22 mortgage brokers operating in ...

Deal with government brings in consumer protection: Palmer

LAURA MILLAN  |  TUESDAY, 15 JUL 2014
The Coalition's deal with the Palmer United Party (PUP) to retain the amendments to the Future of Financial Advice (FoFA) legislation will provide a guarantee of consumer protection, MP Clive Palmer has said. Speaking to journalists in Canberra, Palmer ...

Liquidnet increases access to India equity trading

LAURA MILLAN  |  THURSDAY, 10 JUL 2014
... executed either on the India's National Stock Exchange (NSE) or on the Bombay Stock Exchange (BSE) through a locally licensed broker. "Liquidnet members, no matter where they are located, can today trade large blocks in 43 markets globally in a safe ...

ASIC permanently bans former finance broker

HARRY PAGE  |  THURSDAY, 10 JUL 2014
The Australian Securities and Investments Commission (ASIC) has permanently banned former Victorian finance broker Rudy Frugtniet after he provided misleading information and lacked full disclosure on a credit licence application. Frugtniet is a former ...

YBR set to acquire mortgage manager RESI

MARK SMITH  |  WEDNESDAY, 9 JUL 2014
Yellow Brick Road has expanded its presence in the home loan market with the acquisition of privately-owned mortgage manager RESI Mortgage Corporation for $36 million. Subject to YBR shareholder and regulatory approval, the offer includes $28 million ...

YBR requests trading halt ahead of buyout announcement

LAURA MILLAN  |  TUESDAY, 8 JUL 2014
... objective to keep growing the business. Following the Vow acquisition, YBR grew its distribution channel with 700 new mortgage broker groups.

MyState names new CEO

JAMES FERNYHOUGH  |  MONDAY, 30 JUN 2014
... director and chief executive. Sulicich was previously chief executive of RAMS Financial Group and General Manager, Mortgage Broker Distribution with Westpac. In the announcement, MyState volunteered details of Sulicich's four-year contract. He will be ...

Momentum for mFund service gathering despite uncertainty

MARK SMITH  |  WEDNESDAY, 25 JUN 2014
... fiduciary and financial services Harvey Kalman said. Baillieu Holst director of institutional sales Alex Hay, said the broker's clients like the convenience of tracking their managed fund investments using the same systems they use for shares and other ...

Morningstar launches stewardship ratings in Australia

STAFF WRITER  |  TUESDAY, 24 JUN 2014
Independent investment research Morningstar Australasia has launched stewardship ratings for Australian and New Zealand stocks. The ratings assess a firm's stewardship of shareholder capital as exemplary, standard, or poor. In the initial allocations ...