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Showing 171 - 180 of 354 results for "Australian Financial Services Licence"

Rubik and class form advice tech partnership

KERRIE SYDEE  |  THURSDAY, 4 AUG 2016
... implemented changes to regulation requiring accountants to obtain the newly created 'limited' Australian financial services licence to continue providing advice to clients about SMSFs. Rubik chief executive Iain Dunstan said: "As part of Rubik's omni-channel ...

AFSL cancelled for Sydney firm

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Sydney based financial planning firm for failing to meet a number of key obligations. ASIC cancelled Etern Wisdom's AFSL on 6 June 2016 after ASIC discovered the firm had failed ...

ASIC cancels AFSL of liquidated firm

KERRIE SYDEE  |  WEDNESDAY, 29 JUN 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Queensland based financial services firm. The cancellation was made at Avamode Financial's request, after the company was placed into liquidation on 4 May 2016. The AFSL cancellation ...

Former Equititrust CEO appeal refused

KERRIE SYDEE  |  TUESDAY, 7 JUN 2016
... banning him from providing any financial services. In 2011, ASIC initially suspended McIvor's Australian financial services licence (AFSL) of Equititrust for 12 months for failing to comply with a number of key obligations as a financial services licensee. ...

SMSF accountants seek investment product knowledge

DARREN SNYDER  |  WEDNESDAY, 1 JUN 2016
... SMSF Accountant Report said only 1000 accountants have obtained either a full or limited Australian Financial Services Licence (AFSL) in the past 12 months, leaving more than 12,000 not completing the process before the 30 June deadline. Accountants ...

CPA granted AFSL

KERRIE SYDEE  |  MONDAY, 18 APR 2016
ASIC has granted CPA Australia an Australian Financial Services licence (AFSL) and an Australian Credit Licence (ACL) for its wholly owned subsidiary, CPA Australia Advice. The granting of the licences is an important step in the establishment of the ...

ASIC hands Allegianz six month suspension

KERRIE SYDEE  |  FRIDAY, 1 APR 2016
ASIC has placed a six month suspension on Melbourne-based Allegianz's Australian Financial Services Licence (ASFL) for failing to comply with a number of key obligations. In a statement the regulator said that Allegianz had failed to lodge auditor reports ...

ASIC consults on robo regulation

ALEX BURKE  |  MONDAY, 21 MAR 2016
... about and expectations for digital advice. It suggests robo-advice providers must hold an Australian financial services licence unless the information provided can be considered "factual" - i.e., where "the truth or accuracy... cannot reasonably be questioned." ...

July 1 will end the "amateur" SMSF era

ALEX BURKE  |  MONDAY, 21 MAR 2016
... financial planners," he said. He said that many SMSF accountants still haven't applied for their Australian financial services licence, which will make continuing to provide SMSF advice after July 1 increasingly difficult. Coupled with the higher entry ...

ASIC tightens Macquarie's AFSL

ALEX BURKE  |  FRIDAY, 11 MAR 2016
ASIC has announced additional conditions on Macquarie Bank's Australian financial services licence following an investigation. ASIC investigated several Macquarie breach reports between 2004 and 2014 pertaining to "breaches of the client money provisions ...