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Showing 261 - 270 of 881 results for "Australian Financial Services"

What worries Aussie advisers: Natixis

KANIKA SOOD  |  TUESDAY, 12 JUN 2018
... light of on-going revelations from the Royal Commission, and the increased focus on regulation in Australian financial services, it is not surprising that over 90% of financial advisers say keeping up with regulation is challenging, compared with only ...

Advice fintech reshuffles leadership

JAMIE WILLIAMSON  |  THURSDAY, 31 MAY 2018
... review. Intiger said the review "reaffirmed that Intiger will renew its focus on meeting the needs of Australian financial services licensees to provide large-scale, compliant quality advice."

Retirement income paper open for consultation

KANIKA SOOD  |  FRIDAY, 18 MAY 2018
... classify as "financial advice". If trustees are providing financial advice, they will need to hold an Australian Financial Services Licence (AFSL). A 100% allocation to an account-based pension (ABP) would not meet the definition of a Comprehensive Income ...

ASIC cancels Melbourne firm's AFSL

KANIKA SOOD  |  THURSDAY, 17 MAY 2018
ASIC has cancelled the Australian financial services (AFS) licence of a Melbourne-based advice firm, which was among a trio of companies that copped a $7.2 million fine from the corporate regulator in February. ASIC took Wealth & Risk Management Pty ...

Advice fintech shutters Sydney office

ALEX BURKE  |  TUESDAY, 15 MAY 2018
... came about because the review "reaffirmed that Intiger will renew its focus on meeting the needs of Australian financial services licensees to provide large-scale, compliant quality advice." This "renewed focus" will also see Intiger introduce new complementary ...

Acorns rebrands, issues prospectus

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... owned by RAIZ Invest, appointed RAIZ Invest Australia as an authorised representative under its Australian Financial Services License. Since launching in 2016 in Australia, Raiz has amassed 440,000 signups and about 155,000 active monthly customers and ...

Unlicensed SMSF advice not systemic: ASIC

HARRISON WORLEY  |  FRIDAY, 4 MAY 2018
... Regulations in July 2016, accountants who wish to provide financial product advice either must hold an Australian financial services licence or act as a representative of a licensee. Additionally, ASIC highlighted that since July 2013 accountants have ...

ASIC lifts licence conditions on CountPlus subsidiary

KANIKA SOOD  |  MONDAY, 16 APR 2018
... 2015. In September, 2015 ASIC placed additional licence conditions on Total Financial Solutions's Australian financial services licence (AFSL) after an authorised Queensland-based adviser was found to have failed to act in clients' best interests. The ...

Conflicted SMSF auditor disqualified

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2018
... November last year on the grounds that it promoted a SMSF property investment scheme without holding an Australian financial services licence. ASIC sought to restrain the business and the Goldenbergs from providing financial services; restrict their ...

ASIC seeks Deloitte to liquidate SMSF business

ALEX BURKE  |  TUESDAY, 27 FEB 2018
... November last year on the grounds that it promoted a SMSF property investment scheme without holding an Australian financial services licence. ASIC sought to restrain the business and the Goldenbergs from providing financial services; restrict their ...