Betashares appoints ED for NZ expansion
ETF manager Betashares has appointed financial services executive Hugh Stevens as executive director, responsible for a range of growth, distribution, and strategic initiatives as part of the firm’s New Zealand expansion.
November 06, 2023
Grinding gears won’t halt Count’s takeover hopes for Diverger
Despite a surprise non-binding counter offer from little-known COG Financial Services earlier this week to acquire Diverger, Count remains confident a deal will be completed by February. With the backing of major shareholder HUB24 as well as the Diverger board, Count CEO Hugh Humphrey likes his chances.
November 03, 2023
Embattled Link Group restates financial report after ASIC probe
Link Group, a key provider of administration services to super funds and parent company of Link Advice, has restated its half year and full year financial report for 2023, after ASIC raised concerns about several “material misstatements” of its assets and settlement costs.
November 03, 2023
Charges laid after investigation into Sterling Income Trust
Sterling Group founder Raymond Jones, his son Ryan Jones, and director Simon Bell are each facing several criminal charges following ASIC’s investigation into the Sterling Income Trust (SIT) and the collapse of the Sterling First group of companies.
November 03, 2023
Tech start-up launches financial planning software
Technology start-up Elan has launched financial planning software designed exclusively for Australian financial advisers.
November 03, 2023
Lessons for financial advisers from the demise of a PwC partner
What happened to former PwC partner Peter Collins could happen to any financial services professional who falls under the auspices of two regulators. For Collins, they were the TPB and ASIC – two regulators with which financial advisers are intimately acquainted.
November 02, 2023
Advisers want certainty around SOA policy
With SOAs due to be reformed as part of the QAR changes, advisers would like to see assurances any changes won’t impact their ability to gain PI insurance, as well having an industry-wide standardised template, according to survey findings from Ensombl.
November 02, 2023
Count subsidiary acquires accounting firm
Count subsidiary firm Twomeys has acquired Canberra-based accounting firm Allan Watt Accounting (AWA).
November 02, 2023
AZ NGA acquires outsourced HR firm
Professional services company AZ NGA has acquired outsourced human resources company Catalina Consultants as part of its plans to build out the range of business support solutions it offers its expanding network of financial advisory and accounting firms.
November 02, 2023
Australia’s first Sukuk active ETF launched by Hejaz Group
Islamic Finance provider Hejaz Group has launched Australia’s first Sukuk active ETF, enabling investors to access a Shariah-compliant bond alternative product.
November 02, 2023
First Sentier appoints chief operating officer
Fund manager First Sentier Investors has appointed Amanda Gazal as chief operating officer, overseeing the company's day-to-day operations.
November 02, 2023
TAL launches digital insurance platform for super members
Life insurer TAL has launched digital platform TAL Connect to help superannuation fund members manage their insurance covers and claims.
November 02, 2023
