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Showing 251 - 260 of 261 results for "general advice"

Keep it short and simple: ASIC

... the Corporations Act that will allow providers of general financial product advice to provide shorter, simpler general advice warning when they give oral general advice. 'By focussing on the core message of the general advice warning, this relief makes ...

More draft FSR regulations released

... retail and wholesale, streamline disclosure where financial services are provided through intermediaries, fine-tune general advice definitions, define jurisdictional scope of the relevant laws, and simplify procedures for authorising representatives. ...

TOWER and Securities Institute launch accreditation course

Non-adviser professionals will now be able to complete 'general advice' financial training and accreditation, through a course launched by TOWER Australia and Securities Institute Education designed to broaden the stretch of financial advice. CEO of ...

ASIC says FSR refinements on track

... the refinements for November, ASIC expects relief and/or guidance to both reduce unnecessary repetition of the general advice warning in ongoing relationships. Finally, they also propose releasing guidelines for on-line calculators regarding non-superannuation ...

ASIC issues guidance on general advice warning and SOAs

... for Australian financial services licensees and their representatives. The SOA example and consultation paper on general advice warning were part of the projects for the regulator to complete under the government's proposal paper: Refinements to Financial ...

REST teams up with Money Solutions to provide financial advice

... Cochrane says, "We have negotiated an exceptionally attractive and competitive package that bridges the gap between general advice and personal advice." "This service will enable members to get started in taking control of their financial affairs and ...

ASIC issues guidance about general financial advice

... projects'. The guidance is provided in answers to two frequently asked questions (FAQ), which deals with compliance with general advice warning (GAW) requirements; and provides further explanation about when advice is general rather than personal. "In ...

ASIC pleased with regional advisers

... some instances of incorrect authorisations, resulting in people making personal recommendations when only holding general advice authorisations," O'Donnell says. ASIC also found there were still some instances of advisers not providing Statements of ...

ASIC reveals financial services refinement projects

... an SOA can be put together in clear, concise and effective manner in fewer than 20 pages. ASIC will also issue General Advice Warnings (GAW) simplifying the substance of the legislative requirements under the Financial Services Reform (FSR). Relief will ...

Government releases FSR refinements

... the statement of advice requirements that will highlight key information for consumers, and the changes to the general advice warning requirements. IFSA CEO Richard Gilbert says, "Overall, these proposed refinements are welcomed by the financial services ...