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Showing 1 - 10 of 91 results for "Lonsdale"

More advisers exit in June

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... part of MLC. Other IOOF-owned licensees ended the period with the following figures: RI Advice (264), Millennium3 (242), Lonsdale (119) and Shadforth Financial Group (137) and Bridges Financial Services (193). This makes IOOF the largest licensee after ...

Count Financial adds two practices

KARREN VERGARA  |  WEDNESDAY, 9 JUN 2021
... advisory firm. It previously operated under AMP's Charter Financial Planning. DMCA Advisory, which used to be part of Lonsdale and IOOF, has shifted to the Count Financial network. DMCA Advisory director Tania Tonkin said: "We chose Count Financial due ...

Adviser numbers fall below 20k

KARREN VERGARA  |  THURSDAY, 3 JUN 2021
... Financial Services and MLC Advice service high-net-worth clients. The self-employed segment comprises RI Advice, Millennium3, Lonsdale and Consultum Financial Planning, as well as TenFifty and Godfrey Pembroke. Finally, its adviser services unit comprises ...

APRA takes action against Macquarie

ANNABELLE DICKSON  |  THURSDAY, 1 APR 2021
... out further action as more information comes to light about the root causes of these breaches," APRA deputy chair John Lonsdale said. Macquarie acknowledged the new requirements and said it has a number of programs in place to strengthen capital and ...

APRA closes Westpac probe

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
... remain in place until Westpac completes its remediation under the CEU to APRA's satisfaction. APRA deputy chair John Lonsdale said: "Although the investigation has not found evidence of breaches of the Banking Act or the BEAR, APRA remains determined ...

Allianz to rectify past deficiencies

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... implementation of its transformation programs is integral to any decision to remove the add-on. APRA deputy chair John Lonsdale said the CEU will ensure the deficiencies that prevailed within Allianz for several years are finally remediated. "It also ...

IOOF to spend big on BOLR

KANIKA SOOD  |  THURSDAY, 25 FEB 2021
... self-employed advice mode l (893 of 1546). About 292 advisers are in professional services model, from places such as Lonsdale, Millenium3 and RI Advice. Lastly 361 are in the self-licensed model. "If you look at where we are now, it's clear that ...

Westpac prioritises risk management

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... that Westpac did not have the means to effectively address wide-ranging risk governance gaps. APRA deputy chair John Lonsdale described the undertaking with Westpac as a "serious step that indicates the severity of the situation". "The integrated plan ...

Almost 3000 advisers gone in 2020

ELIZABETH MCARTHUR  |  FRIDAY, 18 DEC 2020
... was down 55 advisers, PricewaterhouseCoopers Securities went from 56 to just two financial advisers during the year and Lonsdale also shed 44 advisers. Meanwhile, Lifespan Financial Planning appears to have been the biggest winner of the many moves. ...

Westpac enters into court enforceable undertaking

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
... will assess the plan and provide an update to APRA within 15 days from the end of each quarter. APRA deputy chair John Lonsdale said entering into a CEU is a "serious step that indicates the severity of the situation." "The integrated plan required by ...
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