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Showing 111 - 120 of 1400 results for "Investments Commission"

Independent advice licensee under ASIC radar

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
... advice group has seen its Australian financial services licence questioned by the Australian Securities and Investments Commission (ASIC). The regulator has imposed new licence conditions on Sentinel Private Wealth following concerns over the company's ...

ASIC to foster fintech growth

DARREN SNYDER  |  FRIDAY, 31 JUL 2015
The Australian Securities and Investments Commission (ASIC) has established a Digital Finance Advisory Committee (DFAC) that will meet for the first time next month and advise the regulator on engagement with fintech businesses. DFAC forms one part ...

Platinum launches Asia LIC

LAURA MILLAN  |  WEDNESDAY, 29 JUL 2015
... the Asia region, ex Japan. Platinum has already lodged the prospectus with the Australian Securities and Investments Commission (ASIC) and is aiming to raise up to $500 million before the acceptance of any oversubscriptions. The offer will open on 10 ...

Minimum $200k SMSF balance "completely incorrect"

LAURA MILLAN  |  MONDAY, 27 JUL 2015
A superannuation lawyer has slammed the recommendation by the Australian Securities and Investments Commission (ASIC) that self-managed super funds (SMSFs) should hold a minimum balance of $200,000. Townsends Law special counsel on superannuation Michael ...

Macquarie pays $11m advice compensation so far

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
... (7.4%) were eligible for a total of $5.4 million compensation. A year ago, the Australian Securities and Investments Commission (ASIC) forced the group to establish a compensation process for clients who were victims of bad advice by the group's financial ...

SMSF direct property investment jumps 60pct

MARK SMITH  |  FRIDAY, 17 JUL 2015
... real estate has jumped 60% in the last four years, according to figures from the Australian Securities and Investments Commission (ASIC). In its submission to the Parliamentary Inquiry into Home Ownership, the primary financial markets regulator revealed ...

Queensland director banned for two years

DARREN SNYDER  |  FRIDAY, 10 JUL 2015
The Australian Securities and Investments Commission (ASIC) has banned a Queensland company director from providing financial services for two years after failing to ensure the company complied as a Responsible Entity under the Corporations Act. Between ...

ASIC bans Provident Capital director

STAFF WRITER  |  MONDAY, 6 JUL 2015
... Capital has been banned from providing financial services for two years. The Australian Securities and Investments Commission (ASIC) found that John Patrick Sweeney failed to comply with financial services laws. Sweeney was a non-executive director of ...

Hedge fund returns down 10% in 2014

LAURA MILLAN  |  WEDNESDAY, 1 JUL 2015
... overall sector delivered 10% less than the previous year. This is according to the Australian Securities and Investments Commission (ASIC) 2014 hedge funds survey, which examined 27 hedge fund managers based in Australia with more than $37.1 billion ...

ASIC reviews One Big Switch, bans adviser

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
A report to the Australian Securities and Investments Commission (ASIC) identifies that One Big Switch contained potentially false and misleading statements in recent insurance campaigns. Appointed by ASIC to review One Big Switch's compliance with ...