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Showing 1 - 10 of 94 results for "Lonsdale"

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... variable remuneration is equal to or greater than $1 million in a financial year of the entity. APRA deputy chair John Lonsdale said: "Effective implementation of CPS 511 will strengthen the resilience of the financial sector and rein in the kinds of ...

APRA outlines remuneration standard

ANNABELLE DICKSON  |  FRIDAY, 27 AUG 2021
... decisions lead to poor risk management or conduct that is contrary to community expectations," APRA deputy chair John Lonsdale said. "It ensures financial performance alone is no longer enough when companies reward employees; companies must also consider ...

Shadforth appoints Queensland head

KANIKA SOOD  |  TUESDAY, 3 AUG 2021
... 137 advisers at June end. IOOF also owns o ther advice groups including RI Advice (264 advisers), Millennium3 (242), Lonsdale (119) and Bridges Financial Services (193). IOOF reported $2.2 billion in outflows from 33 advisers departing from IOOF's ...

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 ...
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