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Showing 191 - 200 of 381 results for "Australian Financial Services licence"

ASIC probe reveals 185 more CBA compo cases

KERRIE SYDEE  |  TUESDAY, 6 DEC 2016
KordaMentha Forensic's third report on the varied licence conditions imposed on Commonwealth Financial Planning and Financial Wisdom has revealed compensation has been offered to a further 185 cases. The report was required under the additional conditions ...

Equititrust CEO remains permanently banned

KERRIE SYDEE  |  THURSDAY, 20 OCT 2016
... investigation into the collapse of Equititrust, which is in liquidation. Equititrust held an Australian financial services licence and was the responsible entity of Equititrust Income Fund (EIF) and the Equititrust Priority Class Income Fund (EPCIF). ...

ASIC cancels AFSL, bans responsible managers

DARREN SNYDER  |  FRIDAY, 9 SEP 2016
ASIC recently cancelled the Australian financial services licence of Brisbane-based education and training business, The Sharemarket College. ASIC said the Sharemarket College failed to comply with a number of its obligations as a financial services ...

Fears of increased compliance costs misguided

JAMIE WILLIAMSON  |  THURSDAY, 8 SEP 2016
... required by the market. "For starters, robo advisers targeted directly to consumers need an Australian Financial Services Licence, whereas an enterprise digital advice platform is designed for use by financial institutions that already have an AFSL and ...

New trustee launches managed investment schemes

DARREN SNYDER  |  THURSDAY, 1 SEP 2016
... and liquidity. The launch of the two funds coincides with Evolution Trustees receiving an Australian financial services licence, authorising it to operate registered and unregistered managed investment schemes, to act as a Managed Investment Trust (MIT) ...

ASIC cancels AFSL of global firm

KERRIE SYDEE  |  THURSDAY, 18 AUG 2016
ASIC has cancelled the Australian financial services licence of an international financial services firm. Marigold Falconer International had its AFSL cancelled after ASIC was not satisfied that it could obtain insurance cover for the services it was ...

PMIIG licence cancelled

MARK SMITH  |  FRIDAY, 5 AUG 2016
ASIC has cancelled the Australian financial services licence of Pacific Millennium International Investment Group (PMIIG), with effect on 28 July, after it breached its obligations. PMIIG was authorised under its AFSL to provide general financial advice ...

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 ...