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Showing 231 - 240 of 704 results for "Financial products"

Industry calls for expanded CSLR

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
... and CPA Australia are among the groups that are calling on the legislation to provide compensation for all financial products and services that fall under the jurisdiction of the Australian Financial Complaints Authority. As it stands, the draft legislation ...

ASIC bans adviser, cancels AFSL

ANNABELLE DICKSON  |  TUESDAY, 28 SEP 2021
... clients' financial situations, identify the subject matter of the advice sought, make a reasonable assessment of financial products, base all judgements on client circumstances or place his clients in a better position were they to follow his advice. ...

ASIC clarifies adviser exam obligations

KARREN VERGARA  |  THURSDAY, 23 SEP 2021
... relevant provider. An existing provider is authorised to provide personal advice to retail clients on relevant financial products at any time between 1 January 2016 and 1 January 2019, and has not been banned, disqualified or subject to a court enforceable ...

IDII pitfalls advisers should avoid

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... affordable now and what might be affordable in the future. It includes [a reasonable investigation] into the financial products that are available and how those products would meet those objectives and needs and that the recommendation must be reasonable ...

Adviser overwhelm explained

ELIZABETH MCARTHUR  |  TUESDAY, 21 SEP 2021
... reforms," he said. Anderson traced the beginnings of this avalanche of regulatory change to the Ripoll inquiry into financial products and services in 2009. This inquiry was designed to investigate Storm and other cases where there had been collapse ...

GSFM bolsters team

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... Joshua has specialised in communicating financial advice to both clients and advisers, along with distributing financial products," McIntyre said. "He has worked with a range of products and is knowledgeable about portfolio construction across all asset ...

Iress integrates DDO with Xplan

ANNABELLE DICKSON  |  MONDAY, 30 AUG 2021
... with." ASIC's RG 274 Product design and distribution obligations aims to help consumers obtain appropriate financial products by requiring issuers and distributors to have a "consumer-centric approach" to the design and distribution of products. ...

Former adviser hit with criminal charges

KARREN VERGARA  |  MONDAY, 30 AUG 2021
... the sale of a financial product (70,000 shares in PRG for $70,000) to the SMSF. He also sold another set of financial products (14,000 additional shares in PRG for $14,000) to the same SMSF. Toledo's partner at the time was the sole director of PRG and ...

Unlicensed crypto platforms robbing investors

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
... crypto-assets provided by unlicensed platforms, according to ASIC. The corporate regulator said investors trading in financial products such as options and futures are losing large amounts of money from unlicensed providers as a result of platform outages ...

Halifax auditor to cough up fines

KARREN VERGARA  |  THURSDAY, 19 AUG 2021
... being prima facie insolvent. The clients of the now-defunct Halifax used several trading platforms to invest in financial products, namely exchange-traded and over-the-counter financial products. ASIC commissioner Cathie Armour said auditors are important ...