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Showing 881 - 890 of 4498 results for "Reach"

OTC derivatives provider loses licence, executives banned

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
Over-the-counter derivatives provider Sirius Financial Markets Pty Ltd has surrendered its AFSL and its former executives Jonathan Schneider and Oskar Pecyna have both been banned for eight years. ASIC reported that Sirius Financial, trading as Trade360 ...

Foresight buys Infrastructure Capital Group

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUL 2022
... while ICG has $3.2 billion. Following the acquisition, the entity will have a stronger business profile and broader investor reach, the firms said. "The transaction will enhance ICG's and Foresight's investment, product development and distribution ...

ASX 100 chief executive bonuses hit record highs

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
Bonuses paid to ASX 100 chief executives hit record highs in FY21, jumping from 31% to 76.7%, a new report from the Australian Council of Superannuation Investors said. In the first year of the pandemic, Australian boards responded to market turmoil ...

Payton Capital expands to Sydney

ANDREW MCKEAN  |  WEDNESDAY, 13 JUL 2022
... was a natural progression for us," Payton said. "With a growing team in our new Sydney offices, we're now expanding our reach into newer markets, with further growth on the horizon." He added: "We look forward to bringing our values-led approach, premium ...

Victorian AR charged with providing unlicensed advice

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
Former authorised representative Nizi Bhandari has been charged with engaging in dishonest conduct and providing unlicensed personal financial product advice. Between November 2017 and December 2020, Bhandari was an AR of The Australian Dealer Group ...

Link rejects Dye & Durham takeover bid

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
The Link Group board won't recommend Dye and Durham's $4.57 offer but will continue to seek an agreed position. The board cited that its dismissal of the acquisition offer followed stakeholder feedback, an independent expert's determination of the company's ...

ORAH Funds reaches milestone

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
The philanthropic fund, founded by Pengana Capital Group's Russel Pillemer and wife Carole, has reached over $2 million in donations to charity since its inception in 2016. Alongside Pengana, ORAH's service providers include Ageis and Hall & ...

Sri Lanka announces bankruptcy

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
... have to submit a plan on our debt sustainability to them separately. "Only when they are satisfied with that plan can we reach an agreement at the staff level. This is not a straight-forward process," he said. Wickremesinghe added that Sri Lanka's financial ...

AMP appoints general manager, wealth distribution

CHLOE WALKER  |  THURSDAY, 7 JUL 2022
... will be to extend and strengthen AMP's relationships with the advice community, including growing its platform and product reach into the external financial advice (EFA) market. She will report to AMP's director of platforms Edwina Maloney. "With the ...

Retirement Income Covenant a win for advisers - but for how long?

JAMIE WILLIAMSON  |  THURSDAY, 30 JUN 2022
... capabilities and begin offering their own range of retirement products, and as financial advice becomes increasingly out of reach for many, this would likely mean less business for advisers. Additionally, Nanayakkara said that for super funds to really ...