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Showing 151 - 160 of 289 results for "Australian Financial Services Licence"

Sonray director to face 10 years imprisonment over unfunded deposits

ALICE URIBE  |  THURSDAY, 3 OCT 2013
... imprisonment for submitting a false document to ASIC. Sonray was established in 2003 and held an Australian financial services licence. It was one of the first brokers in Australia to provide advice on contracts for difference (CFDs). The company was ...

New adviser service speeds up dealer group creation

LAURA MILLAN  |  MONDAY, 30 SEP 2013
... dealer group. My Dealer Services and Libertas Solutions will help advisers to obtain an Australian financial services licence (AFSL) and manage the ongoing compliance requirements. It will provide a full range of licensee services and functions for boutique ...

New SFG service launched to reposition boutiques

ALICE URIBE  |  THURSDAY, 12 SEP 2013
SFG Australia (SFGA) has launched a business-to-business offering to assist boutique Australian Financial Services Licence (AFSL) holders with back-end support. The offering from the SFGA-owned Actuate Alliance Services will provide licensee and advice ...

ASIC concerned over "pockets" of poor SMSF advice

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... is made through an SMSF. However, some operators mistakenly think they do not require an Australian financial services licence to do that. Tanzer said that there are operators providing SMSF property advice without a licence. "In the past year, we have ...

ASIC orders additional AFSL conditions on Sydney firm

LAURA MILLAN  |  MONDAY, 26 AUG 2013
... Securities and Investments Commission (ASIC) has imposed additional licence conditions on the Australian financial services licence (AFSL) of a Sydney-based firm. ASIC identified concerns about the adequacy of Roco International's market risk management ...

Global firm mulls Aussie advice market

LAURA MILLAN  |  THURSDAY, 22 AUG 2013
... Willis built the financial planning division from scratch and it operates under AMP Group Australian financial services licence (AFSL). "We have one adviser working for us because this is still part of a start-up within Willis and if we demonstrate that ...

ASIC bans broker for deceptive conduct

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
... to more than $40 million in losses, and put one at risk of breaching the terms of their Australian financial services licence (AFSL). Barr is the 34th person to be banned from providing financial services this year, and the 18th to receive a permanent ...

NTAA keen to establish referral relations with advisers

LAURA MILLAN  |  MONDAY, 5 AUG 2013
... doing more in their world than what they are prepared to do." The NTAA recently set up an Australian financial services licence (AFSL) under the name of NTAA Advice that its members can use to provide SMSF advice.

Advice firms start to launch in post-FoFA regime

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... to launch Bombora Advice, a boutique risk advice business that will operate under its own Australian financial services licence (AFSL). "It is a far more rigorous process now that when I first launched Apogee in the mid-90s," Handley told Financial Standard. ...

ASIC cancels Perth stockbroker's licence

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
Perth securities dealer Stellar Securities Pty Ltd has lost its Australian financial services licence (AFSL) over compliance issues. The Australian Securities and Investments Commission (ASIC) found Stellar Securities had failed to comply with conditions ...