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Showing 161 - 170 of 786 results for "Australian Financial Services"

ASIC provides guidance on Asia Funds Passport

KARREN VERGARA  |  WEDNESDAY, 1 AUG 2018
... Corporations Amendment (Asia Region Funds Passport) Bill 2018 in an effort to open up Asian markets for Australian financial services companies with limited additional regulatory intervention. The Government aims to promote investment between the participating ...

Advisers on scam alert

KANIKA SOOD  |  TUESDAY, 24 JUL 2018
... being targeted. "Advisers should ensure their clients know that all financial providers need an Australian financial services (AFS) licence from ASIC in order to be able to be able to legally carry out their service. If they feel like they are being ...

Aussie funds to access Asian markets

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
... yesterday passed the Asia Region Funds Passport (ARFP) bill that will open up Asian markets for Australian financial services companies. The legislation was tabled in late March. Wealth management industry data manager APIR Systems welcomed the development. ...

Government opens consultation for amended CCIV regime

ALEX BURKE  |  THURSDAY, 14 JUN 2018
... register as a CCIV if it is limited by shares and operated by a single corporate director; holds an Australian financial services licence; does not have any officers or employees other than the corporate director; operates at least one sub-fund at all ...

What worries Aussie advisers: Natixis

KANIKA SOOD  |  TUESDAY, 12 JUN 2018
... light of on-going revelations from the Royal Commission, and the increased focus on regulation in Australian financial services, it is not surprising that over 90% of financial advisers say keeping up with regulation is challenging, compared with only ...

Advice fintech reshuffles leadership

JAMIE WILLIAMSON  |  THURSDAY, 31 MAY 2018
... review. Intiger said the review "reaffirmed that Intiger will renew its focus on meeting the needs of Australian financial services licensees to provide large-scale, compliant quality advice."

Retirement income paper open for consultation

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
... classify as "financial advice". If trustees are providing financial advice, they will need to hold an Australian Financial Services Licence (AFSL). A 100% allocation to an account-based pension (ABP) would not meet the definition of a Comprehensive Income ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
ASIC has cancelled the Australian financial services (AFS) licence of a Melbourne-based advice firm, which was among a trio of companies that copped a $7.2 million fine from the corporate regulator in February. ASIC took Wealth & Risk Management Pty ...

Advice fintech shutters Sydney office

ALEX BURKE  |  TUESDAY, 15 MAY 2018
... came about because the review "reaffirmed that Intiger will renew its focus on meeting the needs of Australian financial services licensees to provide large-scale, compliant quality advice." This "renewed focus" will also see Intiger introduce new complementary ...

Acorns rebrands, issues prospectus

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... owned by RAIZ Invest, appointed RAIZ Invest Australia as an authorised representative under its Australian Financial Services License. Since launching in 2016 in Australia, Raiz has amassed 440,000 signups and about 155,000 active monthly customers and ...