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Showing 171 - 180 of 786 results for "Australian Financial Services"

Unlicensed SMSF advice not systemic: ASIC

HARRISON WORLEY  |  FRIDAY, 4 MAY 2018
... Regulations in July 2016, accountants who wish to provide financial product advice either must hold an Australian financial services licence or act as a representative of a licensee. Additionally, ASIC highlighted that since July 2013 accountants have ...

ASIC lifts licence conditions on CountPlus subsidiary

KANIKA SOOD  |  MONDAY, 16 APR 2018
... 2015. In September, 2015 ASIC placed additional licence conditions on Total Financial Solutions's Australian financial services licence (AFSL) after an authorised Queensland-based adviser was found to have failed to act in clients' best interests. The ...

Conflicted SMSF auditor disqualified

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
... November last year on the grounds that it promoted a SMSF property investment scheme without holding an Australian financial services licence. ASIC sought to restrain the business and the Goldenbergs from providing financial services; restrict their ...

ASIC seeks Deloitte to liquidate SMSF business

ALEX BURKE  |  TUESDAY, 27 FEB 2018
... November last year on the grounds that it promoted a SMSF property investment scheme without holding an Australian financial services licence. ASIC sought to restrain the business and the Goldenbergs from providing financial services; restrict their ...

Tax adviser registrations swell

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2018
... of the tax (financial) advisers notified that did not renew were no longer representatives of an Australian financial services (AFS) licensee. Others had notified to register when they did not need to, for example, or they did not actually provide tax ...

AI threatens financial services workers: Report

KARREN VERGARA  |  MONDAY, 29 JAN 2018
An overwhelming number (83%) of Australian financial services workers are concerned artificial intelligence (AI) technology will take over their jobs. That's according to technology and consulting firm Infosys' Leadership in the Age of AI report, which ...

FinTech Australia chair steps down

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2018
... he will strongly advocate the need for, and benefits of, increasing competition and choice across Australian financial services - including through the introduction of challenger bank licences, which is a priority. "The fact of the matter is that Australia ...

ASIC cancels AFSL, accepts EU

DARREN SNYDER  |  TUESDAY, 16 JAN 2018
... Breakaway and its advisers, the regulator had concerns regarding both the conduct of Breakaway as an Australian financial services licensee and of Roberts as an adviser. ASIC's concerns were that Breakaway did not sufficiently tailor several key policies ...

CFA Australia recruits industry veterans

KARREN VERGARA  |  TUESDAY, 16 JAN 2018
... council backs professionalism standards encompassing compliance, competency and ethics across the Australian financial services industry. It aims to use the collective knowledge and experience of CFAs to identify issues within the industry that impact ...

Offshore investment vehicles await passport arrival

KARREN VERGARA  |  TUESDAY, 16 JAN 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 ...