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Showing 301 - 310 of 1464 results for "Investments Commission"

ASIC lowers wholesale investor threshold to $2.5 million

LAURA MILLAN  |  MONDAY, 11 AUG 2014
... million could be classified as wholesale investors by their financial advisers, the Australian Securities and Investments Commission (ASIC) has determined. The regulator has issued a statement to clarify the definition of retail and wholesale investors. ...

Resources needed for outcomes, regulators warn Treasury

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... agencies. In its response, made public in the form of a statement of intent, the Australian Securities and Investments Commission (ASIC) said that it can operate "at a range of resource levels, but resourcing will affect the outcomes we seek to achieve." ...

ASIC cracks down on advisers over PI insurance

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
The Australian Securities and Investments Commission (ASIC) has cancelled seven Australian financial services (AFS) licenses that did not comply with professional indemnity (PI) insurance obligations. The review targeted licensees which had not requested ...

We don't want to regulate SMSFs: APRA, ASIC

ALEX DUNNIN  |  THURSDAY, 7 AUG 2014
... Australian Prudential Regulation Authority (APRA). But Peter Kell, deputy chair of the Australian Securities and Investments Commission (ASIC), challenged his questioner whether being asked to regulate the sector this was the right question. "We don't ...

Advice register talks focus on financial advice scope

LAURA MILLAN  |  MONDAY, 4 AUG 2014
... told Financial Standard that there are over 50,000 people licensed under the Australian Securities and Investments Commission (ASIC) RG146 licensing regime. However, not all of them are financial planners providing personal advice; some give general ...

SFGA shareholders approve IOOF acquisition proposal

ALICE URIBE  |  MONDAY, 4 AUG 2014
... Wednesday 6 August 2014. If approval is gained, SFGA will lodge court orders with the Australian Securities and Investments Commission (ASIC) so that the Scheme becomes effective on Wednesday 6 August 2014. This will result in SFGA shares being suspended ...

Claims against advice arm have no factual basis: Macquarie

LAURA MILLAN  |  MONDAY, 4 AUG 2014
... legislation and to the enforceable undertaking (EU) that it entered with the Australian Securities and Investments Commission (ASIC) in January 2013. Macquarie has said that it has put in place new adviser assessments, new adviser training, new management ...

ASIC announces National Financial Literacy Strategy

HARRY PAGE  |  FRIDAY, 1 AUG 2014
The Australian Securities and Investments Commission (ASIC) has released its National Financial Literacy Strategy 2014-2017, which is aimed at helping Australians become more financially secure. Over the past 12 months, ASIC has compiled the key priorities ...

ASIC to renew focus on misleading advertising

LAURA MILLAN  |  THURSDAY, 31 JUL 2014
The Australian Securities and Investments Commission (ASIC) has listed advertising of financial products as one of the current and future areas of focus in its latest enforcement report. The regulator has achieved 256 enforcement outcomes in the six ...

Licensee under ASIC scrutiny after employing AAA advisers

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... Adelaide-based licensee has entered into an enforceable undertaking (EU) with the Australian Securities and Investments Commission (ASIC) after it employed a number of former representatives of AAA Intelligence limited. PGW Financial Services has implemented ...