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Showing 121 - 130 of 134 results for "Financial product advice"

Keep it short and simple: ASIC

... services regulator ASIC has made changes to the Corporations Act that will allow providers of general financial product advice to provide shorter, simpler general advice warning when they give oral general advice. 'By focussing on the core message of ...

ASIC issues guidance about general financial advice

... Investments Commission (ASIC) has issued guidance to advisers to assist them with complying to certain financial product advice provisions set out in the Corporations Act 2001. The guidance was prepared after industry consultation and is part of two ...

ASIC provides guidance about Choice advice

... employers avoid providing information to employees, either orally or in any other form, that amounts to financial product advice about the employees' superannuation arrangements, unless they hold an AFS licence or are otherwise authorised to provide ...

ASIC to scrutinise accountants' SMSF advice

... client he or she does not hold an Australian Financial Services Licence (AFSL) and as such cannot provide financial product advice and has not recommended the client seek advice from an AFSL holder before making a decision. The regulator will also be ...

FPA calls for regulation of property investment advice

... should not be covered by a national regulatory regime with the positive features of the regime applying to financial product advice," FPA chief executive Kerrie Kelly says. "Indeed, when one considers that property investments are often much larger than ...

ASIC restricts wealth creation spruikers

... found BFE, Mr Giannopoulos, CTC Professional Services and its director Mr Carlo Castellano had given financial product advice without being licensed or authorised to do so under an Australian financial services license (AFSL) and has restrained them ...

Wealth-creation seminar promoters comply with undertakings

AAP  |  THURSDAY, 22 JUL 2004
... services licence (AFSL). ASIC said it had previously raised concerns with Vision Pursuit about references to financial product advice in the promotion of the One Minute Millionaire Seminar, including representations about making money through the stock ...

ASIC takes Market Traders to court

AAP  |  FRIDAY, 11 JUN 2004
... holder, in breach of the Corporations Act. The watchdog also alleges Mr Beaumont and Mr Vevera provided financial product advice about foreign exchange contracts or derivatives and arranged for people to deal in foreign exchange contracts or derivatives ...

CPA Australia welcomes FSRA allowances

... about a particular superannuation fund or particular investments, then that advice does not constitute financial product advice and should not require an Australian Financial Services Licence under FSRA," Larsen said.

ASIC grants AFSL exemption to financial counselling agencies

... Australian Financial Services (AFS) licensing requirements to financial counselling agencies that provide financial product advice. Financial counsellors predominantly advise clients about managing the consequences of debt, and in most cases clients ...