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Showing 201 - 210 of 704 results for "Financial products"

ASIC releases estimate cost recovery levies for 2021/22

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... levy of $1500 plus $1142 per adviser for licensees that provide personal advice to retail clients on relevant financial products. The $1500 flat per licensee charge remains unchanged after the Morrison government capped ASIC's recovery levy charges to ...

75% of Aussies don't understand group cover: MLC Life

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
... premiums are. The research highlights the low engagement levels with life insurance when compared to other financial products. According to the survey, just 42% of respondents said they understand their policy and have reviewed it more than once. This ...

Mayfair sues Mission Beach lender

ELIZABETH MCARTHUR  |  THURSDAY, 14 APR 2022
... announced in April 2021. The Federal Court chose to restrain Mawhinney from promoting and raising funds through financial products for 20 years after Justice Anderson found Mawhinney had been "involved in multiple contraventions" of financial services ...

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
... announced in April 2021. The Federal Court chose to restrain Mawhinney from promoting and raising funds through financial products for 20 years after Justice Anderson found Mawhinney had been "involved in multiple contraventions" of financial services ...

Global X adds to local team

CHLOE WALKER  |  TUESDAY, 29 MAR 2022
... in the company's development within the Australian market." "Global X has an impressive range of quality financial products, particularly thematic and income ETFs, and I look forward to working with clients to draw on those resources to build their ...

ASIC issues warning to finfluencers

JAMIE WILLIAMSON  |  MONDAY, 21 MAR 2022
The corporate regulator has issued information for social media influencers who discuss financial products and the licensees who use them, warning they face substantial penalties if their content contravenes financial services law. The information sheet ...

Global alliance calls for BNPL regulations

CHLOE WALKER  |  THURSDAY, 17 MAR 2022
... utilities. CHOICE chief executive Alan Kirkland said this global push shows how much damage these unregulated financial products are causing. "International consumer groups have sounded the alarm on the harm being caused by the unfettered buy now, pay ...

FPA pushes for advice law simplification

KARREN VERGARA  |  WEDNESDAY, 2 MAR 2022
... indexation, and introducing a financial capability measure. The association further recommends that an AFSL regulates financial products and remove the requirement to cover the provision of financial advice, while the regulation of financial products ...

ASIC consults on FSCP sittings

KARREN VERGARA  |  TUESDAY, 1 MAR 2022
... adviser is not a fit and proper person to provide personal advice to retail clients in relation to relevant financial products..." the consultation paper reads. ASIC wants to hear from stakeholders, who have until March 28 to provide a submission. The ...

Hejaz adds sales director

ELIZABETH MCARTHUR  |  TUESDAY, 1 MAR 2022
... months and that the firm expects to add $100 million to its funds under management in the next year. "Demand for financial products that are tailored to people's values is rising. Hejaz is at the forefront of this movement, creating first-of-their-kind ...