Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 191 - 200 of 426 results for "Financial Services business"

Concerns over cancelled ASFL complaints

ELIZA BAVIN  |  THURSDAY, 19 DEC 2019
... that all relevant officers of the company had resigned and that the company had ceased to carry on a financial services business. "In light of this, ASIC has cancelled the company's AFS licence," the regulator said. "Since the suspension of KP International ...

Super sector to dominate by 2034

ALLY SELBY  |  MONDAY, 16 DEC 2019
The superannuation industry will undergo profound changes that will see it grow to become a $7 trillion market ($4.8 trillion in today's dollars) by 2034. But it's not all good news for the retail sector. That's according to the latest report from actuary ...

ASIC winds up alleged unregistered scheme

ELIZA BAVIN  |  FRIDAY, 13 DEC 2019
... Chris Marco. ASIC also said it is seeking declarations that Marco did not hold an AFSL while running a financial services business. The application has been filed against Marco, who traded as Coastline Group, AMS Holdings, and AMS Holdings in its capacity ...

ASIC takes action against former AMP adviser

HARRISON WORLEY  |  THURSDAY, 5 DEC 2019
... Financial Services, restrain the assets of the defendants, and restrain the defendants from carrying on a financial services business without an AFS licence. The action falls within the corporate regulator's Wealth Management Major Financial Institutions ...

Berkshire to chase growth for InvestSMART

KANIKA SOOD  |  FRIDAY, 25 OCT 2019
The ASX-listed financial services business has hired Berkshire Global Advisors to look for growth options as its revenue from grandfathered commissions starts to dry up. Commissions on funds and insurance products accounted for more than 56% of InvestSMART's ...

ASIC drags former adviser to court

HARRISON WORLEY  |  THURSDAY, 17 OCT 2019
... Private Wealth director faced 12 charges of engaging in dishonest conduct in the course of carrying on a financial services business, a contravention of the Corporations Act 2001. According to ASIC, Miller advised clients CFS Private Wealth clients to ...

FinPal and MiiiA merge, announce rebrand

ELIZA BAVIN  |  MONDAY, 16 SEP 2019
Financial advice software providers FinPal and MiiiA have announced plans to merge their technologies and services before rebranding as Fin365. FinPal founder and chief executive Stephen Handley said he is confident the merger will lead to accelerated ...

Spaceship co-founder to exit

KANIKA SOOD  |  TUESDAY, 6 AUG 2019
... is no doubt he has the passion, skills and focus required to successfully build a technology-driven financial services business," Bennetts said in a statement. The new chief executive's plans for Spaceship Spaceship's superannuation fund has ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
... Australian Financial Services License, following the departure of a number of personnel within its financial services business. "Spectrum is unable to continue to comply with this licence requirement," Freedom said. Freedom confirmed ASIC has been notified ...

Institutions fail to adequately manage social risk

ELIZABETH MCARTHUR  |  TUESDAY, 9 APR 2019
... chair Ian Laughlin and Finity Consulting principal Hadyn Bernau, argues the social condition of a financial services business is "no less important to a company's long-term success than its financial condition". Laughlin and Bernau defined social condition ...