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Showing 81 - 90 of 1759 results for "broker"

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
CommSec and AUSIEX will pay the largest penalty ever handed down for breaches of Market Integrity Rules. CommSec has been ordered to pay $20 million while AUSIEX will pay $7.12 million for systemic compliance failures over a nine-year period. In a case ...

Household Capital partners with Genworth

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
Genworth Financial Mortgage Insurance has taken a 22% stake in home equity retirement funding provider Household Capital, concluding a $37.6 million series C capital raise. Speaking to Financial Standard, Household Capital chief executive Joshua Funder ...

No surprise advice industry fears ASIC: Panel

CASSANDRA BALDINI  |  FRIDAY, 23 SEP 2022
Understanding and fixing regulatory uncertainty and licensee caution has been a subject discussed at length within the advice community in recent years, with AFCA saying it isn't surprised by the level of fear in the industry when it comes to ASIC. ...

The time for change is now: Jones

CASSANDRA BALDINI  |  WEDNESDAY, 21 SEP 2022
Assistant treasurer and minister for financial services Stephen Jones has told the Association of Financial Advisers' THRIVE Conference that now is the time for change in the advice sector. Appearing via video link on the opening day of the conference ...

ETFs, smart beta grow in popularity

CASSANDRA BALDINI  |  FRIDAY, 16 SEP 2022
Financial advisers continue to be engaged with ETF strategies, with 88% using them to boost client portfolios in Australia this year. The annual VanEck Australian Smart Beta Survey collected data from 650 Australian financial advisers and brokers; the ...

Local head named for BNP Paribas custody business

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
Nine months after David Braga departed as BNP Paribas Securities Services head of Australia and New Zealand, his replacement has been named. State Street's Daniel Cheever has taken over the role with immediate effect, the custodian said. It follows ...

ASIC issues warning over brokers' high-risk offers

JAMIE WILLIAMSON  |  WEDNESDAY, 31 AUG 2022
ASIC has told brokers to be careful about or to reconsider offering high-risk products and services to retail investors as an increasing number offer securities trading. ASIC said it has seen increased instances of brokers offering securities trading ...

Practifi launches deal management app

ANDREW MCKEAN  |  TUESDAY, 16 AUG 2022
... merger and acquisition activity in the wealth management industry makes it important for registered investment advisers, broker-dealers and network firms to manage their pipeline capably." "After carefully listening to our clients, we created a new business ...

Integrity Life picks AGI as group life administrator

CASSANDRA BALDINI  |  MONDAY, 15 AUG 2022
... reputation in market and skilled team across multiple disciplines," he commented. "We believe this partnership will improve the broker, adviser, employer and employee service experience, allowing us to scale as our group portfolio grows and enable us ...

Aussie crypto investors bullish despite market volatility

CHLOE WALKER  |  THURSDAY, 11 AUG 2022
Digital investment platform Syfe has released new findings from an independent investor survey, coinciding with the launch of its product to the Australian market. At a Sydney media briefing, Syfe general manager and Australia country head Tim Wallace ...