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Showing 121 - 130 of 960 results for "Registered"

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... see inappropriate financial advice," she said. ASIC co-regulates SMSF auditors with the ATO. There are currently 4341 registered SMSF auditors. As a result of referrals from the ATO's compliance program and other identified SMSF auditor conduct concerns ...

ATO cracks down on illegal early SMSF access

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... but doesn't lodge its first return is another red flag on the ATO's radar. "Currently, 16% of funds that were registered in 2022 have failed to launch their first return, which means these returns are over 12 months overdue. Of the 50%, 2500 ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... Australians in recouping losses to their superannuation which has been unfairly eroded." Shine Lawyers client Jarrod Lane has registered for the class action to demand accountability from his super fund. Lane did not earn an income for over three years ...

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
... for such claims. Elsewhere, Great Southland has been operating unlawfully in Australia, ASIC alleges. It is a company registered in Belize, but not Australia, and also has no AFSL. Since January 2015, Great Southland has raised more than $60 million ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... Earner's Earner offering, which allowed investors to earn a fixed yield return from crypto-assets, should have been registered as a managed investment scheme, and that Block Earner had provided unlicensed financial services. This is because the Earner ...

ASIC chases 757 adviser registrations

KARREN VERGARA  |  FRIDAY, 9 FEB 2024
... cracking as ASIC said that this will be its final reminder. ASIC individually emailed relevant providers who were not registered in early February, reminding them of the requirement to be registered by their AFS Licensee. "ASIC encourages relevant providers ...

Online investor participation declines

ANDREW MCKEAN  |  TUESDAY, 6 FEB 2024
... of new-to-market online investors continue to dwindle while client reactivation is strong and consistent with levels registered since May 2021," Guiamatsia said. Among online investors, half categorise themselves as either novice or advanced beginners. ...

Treasury promises flexibility to adviser qualifications

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2024
... that an adviser will be taken to meet the education requirements to be a qualified tax relevant provider if they were registered with the Tax Practitioners Board or had a registration application pending before 1 January 2022 regardless of whether they ...

ASIC makes adviser exam changes

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
... it is amending the financial adviser exam in accordance with the government's changes. Amendments to the exam were registered last week, following a consultation that wrapped up on January 10. ASIC has now also updated the relevant guidance. The exam ...

Adviser registration deadline moves to February 16

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... amidst the Financial Advice Association Australia (FAAA) flagging this week that some 6000 advisers were still not registered with ASIC. From February 16, ASIC expects all relevant providers, including time-share advisers, to be registered. This does ...