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Showing 231 - 240 of 1233 results for "licensees"

Illegal early release of super sees director banned

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... the Equitibanx Australian Trust (Equitibanx). From 2019 to 2021, he was also a director and ultimate shareholder of licensees, Consolidated Mercantile Group Ltd (CMG), Wentworth Financial Services Pty Ltd (Wentworth) and Search Finance Pty Ltd (Search ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... how Binance classified retail and wholesale clients. ASIC chair Joe Longo said it is "critically important that AFS licensees classify retail and wholesale clients in accordance with the law". "Retail clients trading in crypto derivatives are afforded ...

Spark Financial Group launches digital investing solution

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
... OpenInvest, its chief executive and co-founder Andrew Varlamos echoed Kallos' comments. "Passionate, mission-driven licensees like Spark Financial Group are listening to their advisers and taking steps now to give them the means to help a much broader ...

Government targets ASX dominance

ANDREW MCKEAN  |  FRIDAY, 24 MAR 2023
... ASIC's rule-making authority extends to the activities, conduct, or governance of clearing and settlement facility licensees, their associated entities, and other persons specified by regulations related to the provision of clearing and settlement ...

DASH lands venture capital investment

ANDREW MCKEAN  |  WEDNESDAY, 22 MAR 2023
... DASH, formerly known as WealthO2, in advancing its technology, offering improved solutions to financial advisers and licensees, aiming to streamline advice processes and implementation workflows. DASH chief executive Andrew Whelan outlined a clear vision ...

NZ advisers begin new licensing regime

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... monitoring and supervising the licensed advice providers, having finalised the questions for regulatory returns that licensees must file every year, with the first set due in September 2024, Hewes added.

TAA urges active recruitment for industry sustainability

KARREN VERGARA  |  FRIDAY, 17 MAR 2023
... that needs to be improved is the Professional Year, he said, which takes up a significant amount of time and money for licensees, particularly those on a smaller scale. Macdonald suggested that advisers could work with educators, technology providers ...

Advice group chief fakes exam result, banned

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... financial adviser qualified for the extension)," ASIC said. "As a result of this proactive review, the relevant AFS licensees (or where necessary, ASIC) have corrected the authorisation status or cease dates of over 1300 individuals, so that the FAR ...

Advice tech firm officially launches local operations

CHLOE WALKER  |  WEDNESDAY, 8 MAR 2023
... world-leading software and services, he said. "We're already seeing strong take-up in the local market having signed several licensees and dealer groups here, and are in active conversation with multiple advice firms," Eatock continued. "The market is ...

Adviser exits spur innovation: Report

ANDREW MCKEAN  |  MONDAY, 6 MAR 2023
... software. The report also mentions that digital advice providers are focused on pitching to corporate customers like larger licensees and superannuation funds. The report notes a rapid increase in advice planning software providers for Australian financial ...