George Liondis

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Financial planning

30 Aug

BFM to hand over approved trustee status

The Australian Prudential Regulation Authority (APRA) has forced Beacon Funds Management (BFM) to transfer the funds under its trusteeship to a new approved trustee....

Financial planning

29 Aug

Investor Group flags further acquisitions

INVESTOR Group has flagged the possibility of further acquisitions as part of its bid to make its Prescott brand a nationally recognised financial planning network after ...

Financial planning

29 Aug

MLC/NAB could pay more compensation

THE Australian Securities and Investments Commission (ASIC) has not ruled out the possibility of the combined National Australia/MLC group being required to pay further c...

Financial planning

29 Aug

ClearView still waiting for funds to sprout

Even the all conquering brussell sprout has failed to list the NRMA’s new financial planning division, ClearView Retirement Solutions, into the black, with the business l...

Financial planning

29 Aug

PremiumChoice signs up dealers

Six dealer groups have signed up for the PremiumChoice Portfolio Services platform in its first two months of operation, says chief executive Richard Carter....

Financial planning

29 Aug

FirstChoice off to flying start

COLONIAL First State’s new flagship master trust, FirstChoice, has taken in an impressive $850 million since its launch just three months ago....

People & Products

29 Aug

Lynx head departs in face of ING shake up

The managing director of Lynx Financial Services, Stuart Abley, has resigned from the ING owned dealer group in protest and joined rival IOOF Funds Management....

People & Products

28 Aug

Tuxworth to leave Sagitta after Westpac’s BT buyout

John Tuxworth has become the latest Sagitta Rothschild senior executive to fall victim to the Westpac Bank’s decision this week to purchase the BT Financial Group....

Financial planning

27 Aug

Research houses put BT in holding pattern

Three of Australia’s most influential investment research houses - van Eyk, Assirt and Lonsdale Securities (Lonsec) - have placed a blanket hold on BT Financial Group fun...

People & Products

26 Aug

Westpac buys BT, but Martin to leave

The Westpac Bank has confirmed today that it will pay $900 million to buy the BT Financial Group from its US parent, the Principal Financial Group, in a move that will se...