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Showing 11 - 19 of 19 results for "Australian Financial Services Licences"

ICAA questions AFSL system, calls for individual licensing

ALICE URIBE  |  TUESDAY, 1 APR 2014
... has said that the current practice of individual financial advisers operating under the Australian Financial Services Licences (AFSLs) of institutions could result in a decline of competition and unsound financial advice for consumers. In its submission ...

Investors get more from Westpoint settlement

ASIC RELEASE  |  WEDNESDAY, 19 MAY 2010
... providing such advice, engaged in misleading and deceptive conduct, and acted in breach of its Australian financial services licences. In June 2009 ASIC initiated an action against QBE in the Victorian Supreme Court seeking indemnity under the terms ...

ASIC presses on with Westpoint compensation

ASIC RELEASE  |  MONDAY, 30 NOV 2009
... misleading and deceptive conduct, and acted in breach of conditions of their respective Australian financial services licences. The settlement with Bongiorno, if approved by the court, will result in compensation being paid by Bongiorno to eligible investors. ...

Masu settles Westpoint case

MICHAEL HOBBS  |  FRIDAY, 28 NOV 2008
... court alleged Masu Financial Management failed to comply with their obligations under its Australian financial services licences and the law after it sold Westpoint products. ASIC announced it was taking legal action against Westpoint Group for investors ...

Ex-Westpoint adviser faces charges

MICHAEL HOBBS  |  WEDNESDAY, 14 MAY 2008
... groups, which it alleged did not comply with their obligations under the conditions of their Australian financial services licences and under the law.

ASIC to sue Westpoint

... which it will allege did not comply with their obligations under the conditions of their Australian financial services licences and under the law. These licensees are Bongiorno Financial Advisors, Dukes Financial Services, Glenhurst, Masu Financial Management ...

AFSLs growing in number

ASIC has revealed the total number of Australian Financial Services Licences (AFSLs) stood at 4,101 after it issued 363 additional AFSLs since March last year. Over the period the regulator also approved 582 variations to existing AFSLs and was notified ...

ASIC grants AMP 10 new FSR licences

Australian Securities and Investment Commission (ASIC) has issued AMP with 10 Australian Financial Services Licences under the Financial Services Reform Act, the financial services group has announced. AMP applied for the 10 licences in August and said ...

Colonial First State receives financial services licence

Large Australian fund managers have begun to receive their new Australian Financial Services Licences (AFSL), with Colonial First State Investments Limited among the first recipients. "It is a credit to our enthusiastic and committed staff that we have ...
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