SARGON

Financial planning

Clients of a financial adviser being investigated by the corporate regulator for contravening the law were still being put into Diversa products while the investigation w...

Policy & Regulation

Levitas Capital is seeking redress for their losses after the firm’s trustee and administrator allegedly failed to stop fraudulent transactions after a cybersecurity brea...

Financial planning

The two firms have been unable to reach an agreement on China-Taiping’s asserted security interest over Madison Financial Group and Sequoia Financial Group sale proceeds....

Financial planning

The sale of Madison Financial Group to Clime Asset Management is complete but OneVue will have to continue haggling with a major Chinese Sargon creditor....

Financial planning

OneVue is in trading halt on the Australian Securities Exchange and so is Sequoia as attention focuses on the future ownership of financial planning dealer group, Madison...

Financial planning

The Federal Court will ultimately decide how much OneVue retrieves from this week’s sale of the Sargon operating business, while the company maintains it is still on trac...

Superannuation

The newly formed entity has completed the purchase of Diversa Trustees, CCSL, and Tidswell Financial Services....

Funds management

OneVue is expecting the sale of the Madison Group to be completed in May and will look to select a preferred bidder by the end of this week....

Financial planning

As the financial planning industry moves to the end of April, many eyes are being directed towards OneVue and how successful it will be in selling its financial planning ...

Funds management

OneVue has confirmed preliminary bids for dealer group Madison amid confirmation that voluntary administrators have been appointed to Sargon Capital Pty Ltd....

Funds management

OneVue managing director, Connie Mckeage has remained upbeat about the company’s potential despite its Sargon transaction resulting in a $27.089 million loss....

Financial planning

The rebranding of Madison to Sargon has been halted as OneVue and the Sargon administrators and receivers work out the future of the dealer group....

Financial planning

Fintech firm, Sargon Adviser Services has announced the rebrand of its wholly owned subsidiary, Madison Financial Group to Sargon Adviser Services....

Policy & Regulation

Australian Executor Trustees is expected to be ordered to pay $80 million in compensation plus costs to victims of the SEAS Sapfor forestry scheme. ...

Superannuation

In what represents further consolidation of the sector, financial technology company Sargon has announced it has acquired the Trustee Services business, comprising Divers...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

1 week 5 days ago