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Showing 121 - 130 of 289 results for "Australian Financial Services licence"

ASIC warns super trustees

DARREN SNYDER  |  TUESDAY, 15 SEP 2015
... surveillance of responsible entities and superannuation trustees that are also holders of an Australian Financial Services Licence (AFSL). Trustees were also warned about the presentation of rollover forms attached to product disclosure statements that ...

FEATURE: Managed accounts - more than meets the eye

ALEX BURKE  |  FRIDAY, 4 SEP 2015
... and personalisation as an MDA, but require fewer additional provisions in the provider's Australian financial services licence, as an MDA gives the provider responsibility for investment selection as well as asset custody. SMAs, meanwhile, represent ...

FSC, FPA support ASIC user-pay model

ALEX BURKE  |  WEDNESDAY, 2 SEP 2015
... financial advice practices would pay over $6,000 annually in addition to the proposed $11,000 Australian financial services licence application fee. "If this is to be the case, the Government must also consider the potential flow-on impact of increased ...

Accountants nearing SMSF exemption deadline

ALEX BURKE  |  MONDAY, 31 AUG 2015
Accountants will need an Australian financial services licence if they want to continue providing advice on establishing and winding up self-managed super funds after 1 July 2016. According to SMSF Association head of education services Liz Ward, some ...

Independent advice licensee under ASIC radar

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
A Queensland 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 ...

Capstone/BGL to deliver online AFSL authorisation

ALEX BURKE  |  TUESDAY, 4 AUG 2015
... Planning and SMSF administration services provider BGL are partnering to deliver online Australian Financial Services Licence authorisation to accountants. The partnership will enable BGL clients to apply online for an AFSL via a web portal, which will ...

Wealth Enhancers departs Synchron, goes independent

ALEX BURKE  |  TUESDAY, 28 JUL 2015
Generation Y-targeted advice firm Wealth Enhancers has set up its own Australian Financial Services Licence (AFSL). Wealth Enhancers was previously aligned with Synchron. According to Wealth Enhancers financial coach Rebecca Boles, the decision to go ...

Advisers should beware industry "frenemies"

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
Advisers should master digital communications channels before they lose business to other industries, according to Association of Financial Advisers chief executive Brad Fox. Speaking in Sydney at the launch of the AFA/Zurich/Beddoes Institute white ...

ASIC bans former risk adviser

ALEX BURKE  |  THURSDAY, 9 JUL 2015
... since advised ASIC it has ceased trading and is working with the regulator to cancel its Australian Financial Services Licence. As reported in Financial Standard in March, Macquarie confirmed it would be closing the dealer group and five associated advisers ...

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... establishing SMSFs and acquiring (and disposing of) superannuation assets without holding an Australian Financial Services Licence. ASIC's investigation began in 2011 and found that Royale Capital and ActiveSuper were using investors' money to purchase ...