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Showing 91 - 100 of 1387 results for "Licence"

AZ NGA forms strategic partnership with Qld advice firm

MATTHEW WAI  |  FRIDAY, 12 SEP 2025
... both organic activity and a disciplined M&A strategy focused on acquiring firms within its Australian financial services licence community and known regional opportunities," Barrett said. "The group services a broad client base ranging from wealth accumulators ...

Perth man found guilty of $34m fraud

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
... Marco be permanently restrained from carrying on a financial services business without an Australian Financial Services Licence or operating an unregistered managed investment scheme.

ASIC permanently bans convicted investment manager

MATTHEW WAI  |  TUESDAY, 2 SEP 2025
... dishonest. At the time of his banning, Jakob was known as Gabriel Yakob. ASIC cancelled the Australian financial services licence of Metal Alpha on 19 May 2022, as it ceased to carry on a financial services business. Trevillian was arrested on 20 July ...

Clime investments chief resigns

KARREN VERGARA  |  MONDAY, 1 SEP 2025
... Clime Private Wealth, MTIS Wealth Management (MTIS), and Investment Strategists Accounting Services. Infocus continues to licence Clime Private Wealth via a dealer-to-dealer arrangement. "Throughout FY25, a reinvigorated and refocused Private Wealth ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... members; and to do all things necessary to ensure the financial services covered by its Australian financial services licence were provided efficiently, honestly and fairly. "This is the first action against a superannuation trustee in relation to this ...

ASIC warns of 'sharp rise' in financial misconduct

MATTHEW WAI  |  THURSDAY, 21 AUG 2025
... the 11,060 issues, 5909 fell into the financial services and retail investors category, which includes credit issues, licence obligations, and other conduct related to advice, insurance, and misleading and deceptive or unconscionable behaviour. One example ...

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
... and was ordered to be wound up in October 2024. UGC was based in Melbourne and had held an Australian financial services licence since 18 August 2017. This was cancelled upon Hewish's banning. However, the announcement of the ban and cancellation was ...

APRA slaps $5.5m capital penalty on KeyInvest

MATTHEW WAI  |  TUESDAY, 5 AUG 2025
APRA has placed an additional $5.5 million capital requirement and additional licence conditions on KeyInvest over risk framework flaws and questionable long-term objectives. KeyInvest is a life insurance company and friendly society that primarily ...

Former adviser charged over clients' near $1m loss

MATTHEW WAI  |  WEDNESDAY, 30 JUL 2025
... in PWM, while also promoting a trading course involving contracts-for-difference and dealing in derivatives without a licence. However, those plans were never fulfilled, and PWMS's Australian financial services licence (AFSL) was cancelled in August ...

FSC explores if adviser licensing framework remains 'fit for purpose'

MATTHEW WAI  |  MONDAY, 28 JUL 2025
... varied industry participants, the FSC said. The paper found that since the establishment of Australian Financial Services licence (AFSL) in 2001, it has "fostered trust and safeguarded the interests of Australians seeking financial advice." However ...