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

Search Results

Showing 241 - 250 of 354 results for "Australian Financial Services Licence"

Accountants to deliver advice under new regime

LINDA HAUSKEN  |  MONDAY, 15 OCT 2012
... Financial Advice (FOFA) reforms these accountants will have to gain a 'class of product' Australian Financial Services Licence. "We believe the legislative changes will provide an opportunity for accountants to grow and diversify their business and our ...

Judgment reserved for accused Ponzi head

MELANIE TIMBRELL  |  MONDAY, 17 SEP 2012
... Hobbs and the former Vanuatu company, Future Trading Corporation Ltd., none of whom held an Australian Financial Services licence, targeted Australian investors and self-managed superannuation funds. Nineteen defendants are named in the proceedings. ...

ASIC cancel Morrison Carr AFSL

LINDA HAUSKEN  |  TUESDAY, 31 JUL 2012
... application for review and a stay in the AAT in relation to the ASIC decision to cancel boththe Australian financial services licence and Australian credit licence," the regulator said. Cardakaris also has the right to seek a review in the AAT of the ...

ASIC bans unlicensed Sydney adviser

LINDA HAUSKEN  |  THURSDAY, 12 JUL 2012
... products. Broederlow was also operating a financial services business without holding an Australian financial services licence for his RNN Property company. Australian Securities & Investments Commission (ASIC) said that between August 2010 and July ...

My Adviser offers accountants licensing package

LINDA HAUSKEN  |  WEDNESDAY, 11 JUL 2012
... can provide advice on self managed superannuation funds (SMSFs) without having to hold an Australian Financial Services Licence (AFSL), but the proposed removal of the exemption under the Future of Financial Advice (FOFA) regulation will force accountants ...

Highly educated SMSF investors prime fraud targets

MELANIE TIMBRELL  |  TUESDAY, 10 JUL 2012
... financial advice before investing, and to ensure anyone selling an investment have a valid Australian Financial Services Licence are all simple procedures to follow to find out if an investment is on the level," Colley said.

New accountants' licence hailed as win for affordable advice

MELANIE TIMBRELL  |  MONDAY, 25 JUN 2012
... Chartered Accountants in a blog on Saturday. Under the new regime, accountants holding a limited Australian financial services licence (AFSL) may provide financial advice on SMSFs and 'class of product advice' on basic deposit products, general and life ...

ASIC streamlines AFS licence process

LINDA HAUSKEN  |  WEDNESDAY, 13 JUN 2012
The Australian Securities & Investments Commission has updated its Australian financial services licence application process in an effort to cut red tape and make registration and licensing more efficient. Revisions to Australian Securities & Investments ...

CPA responds to advice exemption

MELANIE TIMBRELL  |  TUESDAY, 1 MAY 2012
... allowed to advise on the creation of self-managed super funds and are exempt from requiring an Australian Financial Services Licence if they stay within those limits. "The losers are the consumers in that the tax advice protections aren't there for a ...

ASIC suspends practice licence

ELISE BURGESS  |  TUESDAY, 17 APR 2012
... unknown reasons. The Australian Securities and Investments Commission (ASIC) suspended the Australian financial services licence of the Sydney-based planning practice until July 1 2012, the regulator said yesterday. Australian Performance Financial Planning ...