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Showing 2721 - 2730 of 10119 results for "Financial services"

Calls for overhaul of AFSL system

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUN 2020
... a professional registration for individual advisers to replace the current system. Currently, an Australian financial services licence (AFSL) is required to provide advice. FPA chief executive Dante De Gori said the law should be changed to focus the ...

FASEA boycott sparks in-fighting

ELIZABETH MCARTHUR  |  TUESDAY, 2 JUN 2020
... the licensee's compliance with its obligations as an AFSL, failing to do all things necessary to ensure financial services provided were done so efficiently, honestly and fairly. "The FASEA exam is one important step contributing to transitioning ...

MLC Wealth appoints chair

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
... management sector and its clients," Chronican said. "He has extensive relevant experience in wealth management and financial services including superannuation, asset management, retail and private banking and financial advice businesses." Chronican added ...

Mercy Super adds to board

ALLY SELBY  |  TUESDAY, 2 JUN 2020
Mercy Super has appointed a financial services veteran as an independent director, bringing with him more than 40 years' experience in funds management to the board. Sandy Grant has nabbed the role and will join the board's six existing directors. "We're ...

Chief economist update: What to expect when you're expecting

BENJAMIN ONG  |  TUESDAY, 2 JUN 2020
... late 2019, Lowe has ruled out sending interest rates below zero and, more recently (May 21), declaring on a Financial Services Institute webcast that: "I said previously that it was extraordinarily unlikely that we would have negative interest rates ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
ASIC has cancelled the Australian financial services licenses of Western Australia-based, Personal Risk Management and Melbourne-based Australian Golden Securities ASIC said Personal Risk's cancellation took effect on 21 May 2020, after the company ...

Former MLC super boss joins First Sentier

HARRISON WORLEY  |  MONDAY, 1 JUN 2020
... advising boards and CEOs on strategy and technology. "In addition, Richard brings broad risk management and financial services experience, as well as extensive asset management experience. Both appointments deepen the Board's existing skills and ...

Recruitment lifts as economy reopens

ALLY SELBY  |  MONDAY, 1 JUN 2020
... corner as long as we do not see a return of restrictions or a further outbreak." Although job losses in the financial services sector have been minimal, some contractors and sales staff had been impacted by the crisis, McGilton said. "Some people's ...

ASIC bans Linchpin directors

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAY 2020
ASIC first banned the three from providing any financial services for a period of five years in November 2019 but they appealed the decision. They applied for a stay of the decision and a confidentiality order preventing ASIC from publishing information ...

ASIC takes action on two AFSLs

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
ASIC has cancelled the ASFLs of two NSW-based financial service providers. Sydney-based financial services provider Squareknot's licence cancellation took effect on 6 May 2020. ASIC said the licence was cancelled after it found that Squareknot did not ...