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Showing 171 - 180 of 198 results for "AFS license"

Bans hit bad planners: ASIC

ALISON BEVEGE  |  THURSDAY, 12 MAY 2011
... ensure representatives complied with financial services laws. Kedesco must remove Ronald Bray as the key person for the AFS license and document its compliance procedures during its suspension period or its license will be cancelled, ASIC said. Bray ...

ASIC withdraws property fund licence

MATT WOODINGTON  |  THURSDAY, 3 MAR 2011
Devgroup will wind up four property funds after ASIC revoked its financial services licence for failing to resolve ongoing breaches of licence conditions. The fund manager had been unable to meet net tangible assets and reporting obligations under the ...

IMAP elects chair

COMPANY RELEASE  |  WEDNESDAY, 11 NOV 2009
The Institute of Managed Accounts Providers (IMAP), the industry body for managed accounts professionals, has appointed Toby Potter, one of the industry's pioneers, as chair. Tracy Byrne, who helped establish IMAP, is stepping down as chair but will ...

ASIC boosts online MIS registration

COMPANY RELEASE  |  TUESDAY, 10 MAR 2009
ASIC is inviting businesses to lodge applications for the registration of managed investment schemes online. The online forms are part of ASIC's ongoing commitment to provide accessible lodgement services to assist business. They include Form 5100 Application ...

PI increase sparks debate

MICHAEL HOBBS  |  WEDNESDAY, 28 NOV 2007
CHOICE, the independent body representing consumers has thrown its support behind ASIC's proposed changes to professional indemnity (PI) insurance required by financial planners and other AFS licensees. Only this week, the Financial Industry Complaints ...

ASIC revises regulations for AFS license holders

CHRIS NICHOLLS  |  TUESDAY, 26 JUN 2007
The Australian Securities and Investments Commission (ASIC) has released two policy updates revising the regulations around the calculation of surplus liquid funds and adjustments for underwriters dealing with statutory exposure periods. The updates ...

Equipsuper offering members full service advice

HAMISH MADDEN  |  THURSDAY, 21 JUN 2007
... operating on a fee for service model. Equipsuper Financial Planning will operate under Health Super Financial Service's AFS license and will provide full financial advice to fund members, as well as being open to the public. All planners are salary-based ...

ASIC review to streamline IDPS rules

ALEX DUNNIN  |  THURSDAY, 21 JUN 2007
The Australian Securities and Investments Commission (ASIC) is undertaking its first ever review of the rules around licensing for Investor Directed Portfolio Services (IDPS) which it hopes will simplify some of their operating rules and reduce barriers ...

Sentry and Epic forge alliance

HAMISH MADDEN  |  WEDNESDAY, 20 JUN 2007
Sentry Group and Epic Adviser Solutions will join forces from the beginning of July to operate under the Sentry Group Australia banner. Under an agreement signed between Sentry Group and Questus Capital Group, the parent of Epic, the two groups will ...

Regulators discuss streamlining some supervision operations

ALEX DUNNIN  |  MONDAY, 12 FEB 2007
Ten years after the Wallis Financial System Inquiry and eight years after the creation of the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), the bodies are in discussions about how ...