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Showing 121 - 130 of 152 results for "Australian Financial Services License"

Equiti talks to planners regarding stakeholding

MICHAEL HOBBS  |  TUESDAY, 8 DEC 2009
Equiti is negotiating with a number of financial planning practices to give them equity stakes in the group's direct property funds management business. Darren Wise, executive director at Equiti Funds Management, said it has launched an ownership structure ...

FPA board approves move away from commissions

COMPANY RELEASE  |  FRIDAY, 23 OCT 2009
The Financial Planning Association of Australia's board has approved the association's remuneration policy that moves its members away from a commission-based model by July 2012. The FPA received more than 250 responses to its consultation paper "Financial ...

FPA to provide PI insurance to members

MICHAEL HOBBS  |  THURSDAY, 20 MAR 2008
The Financial Planning Association (FPA) is calling for submissions to provide group indemnity insurance for its members by June this year. Jo-Anne Bloch, FPA chief executive, said prior to this action, planners would either find their own indemnity ...

Regulators fight breaches online

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) has launched a new online breach reporting system for dual-regulated institutions. According to a joint statement released by both ...

ASIC revises regulations for AFS license holders

CHRIS NICHOLLS  |  TUESDAY, 26 JUN 2007
... updates affect Policy Statement 166 - Licensing: Financial requirements and Pro Forma 209 - Australian financial services license condition and mean that calculations of 'surplus liquid funds' can now include the addition of a percentage of non-current ...

Pengana to ride the UK REIT wave

... from the UK Financial Services Authority to run a business, the equivalent of getting an Australian Financial Services License (AFSL) locally. "Pengana is proactively building its offshore capacity and resources as part of its strategic focus on new ...

Adviser jailed for five and a half years

HAMISH MADDEN  |  FRIDAY, 9 FEB 2007
... money for his own purposes, as well as carrying on a financial services business without an Australian financial services license and providing false information to ASIC officers during examinations. "Today's outcome shows that the courts will take a ...

End for scheme scamming Greek community

HAMISH MADDEN  |  FRIDAY, 2 FEB 2007
... business, carrying on a financial services business and providing financial services without an Australian Financial Services License (AFSL). They were ordered not to engage in any similar conduct. Jan Redfern, ASIC's executive director of enforcement ...

Family banned by ASIC and AFSL revoked

HAMISH MADDEN  |  MONDAY, 13 NOV 2006
... Australian family have been banned from providing financial services and have had their Australian Financial Services License (AFSL) revoked following an investigation by the Australian Securities and Investments Commission (ASIC). Australian Business ...

AFM gets expanded AFSL

ALEX DUNNIN  |  TUESDAY, 12 SEP 2006
... marketing and compliance adviser Australian Funds Marketing (AFM) has been granted an expanded Australian Financial Services License to operate registered managed investment schemes. "This makes AFM a one-stop shop for responsible entities," said John ...