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Showing 81 - 90 of 786 results for "Australian Financial Services"

New MDA offering launched

ELIZA BAVIN  |  WEDNESDAY, 2 DEC 2020
... the market changes and in a RG179 compliant manner. Lifestyle said the pilot is one of the only Australian financial services licensees to offer this service to their authorised representatives. Lifestyle managing director Scott Heathwood said Lifestyle ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... audited accounts for the 2017-19 financial years. Meanwhile, ASIC cancelled the AFSL of Western Australian financial services provider, Selectinvest. ASIC said it cancelled the licence because Selectinvest failed to maintain its external dispute resolution ...

Exemptions to AFSLs explained by ASIC

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
... guidance to trustees of unregistered managed investment schemes in relation to whether they require an Australian financial services licence. The regulator stressed that a trustee which issues, varies or disposes of interests in an unregistered scheme ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... guilty plea. Hopkins has been granted conditional bail," ASIC said. ASIC said QWL, which has held an Australian financial services licence since January 2004, provided clients with financial advice including dealing in securities and advising on self-managed ...

Former Financial Circle director charged

ELIZA BAVIN  |  MONDAY, 16 NOV 2020
... personal loans with the proviso customers implement financial advice from them. Financial Circle's Australian financial services licence and Australian credit licenses were cancelled on 19 November 2018.

Financial services complaints rise

ELIZA BAVIN  |  MONDAY, 9 NOV 2020
... Locke said. "It has had a significant impact on Australian consumers, small businesses, and the Australian financial services industry."

The platforms with the most advisers

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... share, according to latest Rainmaker estimates. CBA's platform is used by 9835 advisers and 1085 Australian financial services licence. It is followed by AMP Flexible Lifetime with 6.9% market share by advisers -- 6240 advisers use it across 780 ...

Federal Court freezes investment scam, winds up SMSF operator

ANNABELLE DICKSON  |  TUESDAY, 27 OCT 2020
... Naseeruddin breached the Corporations Act by operating a financial services business without holding an Australian financial services licence (AFSL). ASIC alleges Beresford established Maxwell Financial Services in 2019 and offered investors financial ...

Financial services firm names new directors

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
... and was previously a director of Gilpear Investment Group. In early 1991, Parker joined Western Australian financial services firm Hartleys as a private client adviser and would go on to become a senior member of the firm's team. He was a member ...

Advice group flees MLC after IOOF takeover

ANNABELLE DICKSON  |  TUESDAY, 1 SEP 2020
HFM & Partners has made the decision to change its Australian financial services licence from MLC-owned GWM Adviser Services in light of the acquisition by IOOF. The announcement by IOOF to acquire MLC's advice business will see the creation of ...