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Showing 101 - 110 of 695 results for "Financial products"

Iress sells platforms business

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... $1 million in cash and an additional $20 million over 18 months if certain milestones are met. IOPB offers financial products and services that include superannuation, non-superannuation, and custody and administration. Last October, Iress sold its managed ...

Former financial adviser sanctioned by ASIC

ANDREW MCKEAN  |  THURSDAY, 22 FEB 2024
... deliver financial product advice tailored to each client's needs, including a lack of detailed investigation into financial products that could fulfill client objectives. Jaidka has acknowledged and admitted to these shortcomings. The undertaking agreement ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... available. "This important decision provides some clarity as to when crypto-backed products should be considered financial products which require licensing under the law. Crypto-assets are risky, inherently volatile and complex," ASIC deputy chair Sarah ...

Class action filed against IC Markets

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... to retail investors, leading investors to suffer losses or damages by acquiring highly risky and unsuitable financial products. The action is being funded by Woodsford, which is also backing a similar class action against IG Markets. "ASIC has looked ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... licensee. These services may include financial advice, investment management, insurance broking or dealing in financial products. Last November, the firm accepted a court enforceable undertaking from ASIC after the regulator found that the life insurance ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... Court overturned the court's original decision that saw Mawhinney slapped with a 20-year ban from dealing in financial products.

AFCA reports unprecedented complaint spike

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... involving financial hardship also significantly higher." Though there were also rises in complaints about other financial products including banking and finance, insurance, investments and advice, and superannuation. "We need to see a downward trend ...

FSCP issues another registration prohibition order

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... until after 6 December 2025. He is also prohibited from giving personal advice to retail clients on relevant financial products during the prohibition period. The FSCP found that Rogers provided "non-compliant advice to a client and acted in a way that ...

FSCP serves up registration prohibition order

KARREN VERGARA  |  MONDAY, 11 DEC 2023
... an undischarged bankrupt is permitted to continue to give personal advice to retail clients about relevant financial products". The FSCP also found that Anderson demonstrated a lack of professional judgement and insight in relation to his bankruptcy. ...

Adviser with Investport links sees ban affirmed

JAMIE WILLIAMSON  |  THURSDAY, 7 DEC 2023
... or auditing the provision of financial services, and the provision of training about financial services or financial products. Anderson expressed concern that the ban would impact her ability to earn income, however the AAT noted she works three days ...