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Showing 291 - 300 of 881 results for "Australian Financial Services"

Insurer must refund $330k

EMMA RAPAPORT  |  WEDNESDAY, 21 JUN 2017
... they paid for the policy," ASIC said. As a result, ASIC has placed conditions on Virginia Surety's Australian financial services licence. It must: Refund the life premium paid by affected customers plus interest; Engage an independent external compliance ...

Permanent ban for ex-OnePath adviser

KARREN VERGARA  |  MONDAY, 19 JUN 2017
... Robert Hutchison, from Western Australia, was an authorised representative of RI Advice Group, an Australian financial services licensee owned by OnePath, a subsidiary of ANZ. He was also a director of advice firm WAWM Investment Holdings. Between 14 ...

Funds management not up to scratch: ASIC

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
... that they comply with their obligations as a responsible entity, as well as the conditions of their Australian financial services licence. "However, in order to meet higher standards more aligned with growing consumer expectations, our surveillance showed ...

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... of control and provide notification of the appointment of an auditor. "The opportunity to hold an Australian financial services licence requires compliance with some fundamental obligations, including reporting requirements. Where licensees fail to meet ...

Bringing funds management to the masses

ALEX BURKE  |  FRIDAY, 26 MAY 2017
... Australian funds management industry while avoiding (or explaining) the jargon typically used in Australian financial services. It covers the different ways to invest in a fund, the major asset classes, fund managers' responsibilities, the difference ...

Ignition Wealth secures BT Panorama deal

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
... said. Ignition Wealth has been providing digital financial advice, tools and calculators to the Australian financial services industry since 2010 and has held an AFSL since 2015.

Private wealth specialist appoints chief executive

ALEX BURKE  |  THURSDAY, 11 MAY 2017
... and a principal at Mercer. Murray's new role will see him oversee Sterling's transition to its own Australian financial services licence from Magnitude. He said this would enable the firm to "build on a history of success and to position the organisation ...

Unlicensed financial services' provider convicted

EMMA RAPAPORT  |  WEDNESDAY, 3 MAY 2017
... Ross back to the trustees of the SMSF in their personal capacity. Ross had never been granted an Australian Financial Services Licence or an Australian Credit Licence and has never been an authorised representative of a licensee. He was convicted on ...

Legalsuper awards global equities mandate

ALEX BURKE  |  WEDNESDAY, 26 APR 2017
... Bramley described Australia as a "key market" for GQG. The firm itself is exempt from holding an Australian financial services licence when providing financial services to wholesale Australian investors as it is regulated by the Securities and Exchange ...

ASIC cancels suspended AFSL

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
ASIC has cancelled the Australian financial services licence of Parramatta-based company Rural & General Insurance Broking for failing to comply with legal obligations and licence conditions. The regulator found the company failed to lodge annual financial ...