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Showing 11 - 20 of 764 results for %22AFSL%22

J.P. Morgan Asset Management enhances adviser portal

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
... advisers and their clients changes from "what if" into "what to do" which is much more meaningful." Advisers with a valid AFSL can register for access now.

SMSF scammers charged with criminal offences

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
A duo who allegedly defrauded self-managed super funds (SMSF) have been charged by the Melbourne Magistrates Court with a string of criminal offences. The charges follow an ASIC investigation into the activities of Joseph Cullia and Zoran Markovic ...

iExtend finds interim arrangement to operate

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... different in that we have sought out an arrangement that legitimately enables us to engage with the industry before we get our AFSL." Sarkis said the AFSL "will further strengthen iExtend's offer to provide more Australians with the opportunity to ...

Sequoia strikes deal to acquire Clique Paraplanning

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
Sequoia Financial Group has acquired the business assets of Clique Paraplanning in cash on an earn out revenue multiple of about one. According to an ASX announcement, the deal comprised of $150,000 in cash and $60,000 in shares. The earn out and final ...

Dirigere Advisory rebrands to Intelligent Planning

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... distribution manager in the process. Intelligent Planning was launched on January 15 and operates under the same Dirigere AFSL. Advice firms partnered with Intelligent Planning include Beta Advice, Canberra-based Hayes & Co, and Perth-based NOR Financial. ...

Westpac loses Ausgrid rate swap case

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... commenced civil proceedings against Westpac for insider trading, unconscionable conduct, and breaches of its obligations as an AFSL. With the deal between the state government and the consortium signed at 7am, ASIC alleged Westpac knew by 8.30am - or ...

ASIC files contempt orders against repeat offender

CHLOE WALKER  |  MONDAY, 29 JAN 2024
... Fuoco was involved in carrying on a financial services business via five companies. These include State Advice, Ansa Finance, AFSL Group, About Advice, and Advice Now. ASIC is now seeking orders against Fuoco for contempt of court. If Fuoco is found ...

Adviser registration deadline moves to February 16

KARREN VERGARA  |  FRIDAY, 19 JAN 2024
... significant consequences for unregistered financial advisers who continue to provide personal advice, together with their AFSL. "The provision of personal advice by unregistered advisers is prohibited and carries significant penalties," Kirkland said. ...

ASIC cracks down on Prospero for reporting failures

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
The corporate regulator recently suspended the AFSL of Melbourne-based over-the-counter (OTC) derivatives issuer Prospero Markets (Prospero). The penalty comes after the Forex and CFD trading platform, which services mainly Chinese-speaking clients ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... Markets, now in administration. He was also found to have continued to provide services through Veridian Markets after its AFSL authorisation was revoked. Pagliacco was found to have told prospective clients that his business could invest their funds ...