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Unlicensed financial services' provider convictedBY EMMA RAPAPORT | WEDNESDAY, 3 MAY 2017 12:31PM
A Melbourne man has pleaded guilty in the Magistrates Court to one count of operating a financial services business without a licence.Read more: Magistrates Court, Melbourne, ASIC, Grant Thorsby Ross, Australian Financial Services Licence, Australian Taxation Office, David Thorsby Ross, Motabank, Multimedia Marketing, Peter Kell, Ross for, Self-Managed Superannuation Funds
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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