Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 301 - 310 of 1668 results for "Register"

Class action commenced against IG Markets

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
Piper Alderman and Omni Bridgeway have filed their class action against IG Markets, representing investors that lost hundreds of millions trading contracts for difference (CFDs). In October 2022, the two firms said they were planning an action against ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
The regulator issued a warning to investment product issuers after a review found woeful compliance in meeting the design and distribution obligations (DDO). Since last July, ASIC has placed interim stop orders on 26 investment products from 18 issuers ...

Former adviser jailed for six years

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
... authorisation was through Solar Financial Advisory which ceased in August 2017, according to the ASIC Financial Adviser Register. He was also previously licensed by Genesys Wealth Advisers and Charter Financial Planning.

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
The tax office issued a fresh warning to the rich who use self-managed superannuation funds as a vehicle for dodging tax and those who illegally access their retirement savings early. Of the total SMSFs in existence, 25% are operated by private wealth ...

Adviser complaints rise, super complaints decrease

KARREN VERGARA  |  WEDNESDAY, 19 APR 2023
The number of superannuation complaints have slashed while those related to financial advisers have shot up, the latest statistics from the Australian Financial Complaints Authority (AFCA) shows. In the six months to December 2022, AFCA received 2538 ...

Experience pathway consultation opens

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... educational requirements. Advisers must also show they have not recorded any disciplinary action on the Financial Advisers Register before 31 December 2021 and pass the adviser exam. Currently, advisers must complete an approved qualification of no more ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... that needs to be addressed. Of note, according to Rainmaker Information's breakdown of the ASIC Financial Adviser Register, financial adviser numbers are at their lowest in almost two decades, with a net 3250 (17.3%) exiting the sector last year. ...

AFCA chief to serve second term

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
... people who are passionate about access to justice and fairness to all," he said. Locke added that the authority expects to register about 100,000 complaints this financial year, up from 70,000 complaints just a year ago. Since inception in November 2018 ...

Linchpin, Endeavour directors found guilty

JAMIE WILLIAMSON  |  TUESDAY, 4 APR 2023
The Federal Court has determined that four current and former directors of the now defunct Linchpin Capital Group and Endeavour Securities breached their duties and didn't serve investors' best interests. The court found that, between 2015 and ...

February exam records 67% pass rate

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... that sat the exam have passed. About 15,850 of the total pool are current financial advisers on ASIC's Financial Adviser Register (FAR), representing 99% of the register. There were over 890 candidates completing their professional year of work and training. ...