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...

image
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...

image
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....

image
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....

image
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...

image
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...

image
Superannuation

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

image
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....

image
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 ...

image
Funds management

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

image
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....

image
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....

image
Financial planning

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

image
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. ...

image
Superannuation

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

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 1 week ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 1 week ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 1 week ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

3 weeks 3 days ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago