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Showing 351 - 360 of 980 results for "AFSL"

OnePath Custodians sued over fees for no service

JAMIE WILLIAMSON  |  WEDNESDAY, 15 DEC 2021
... to continue charging fees to these members, engaged in misleading or deceptive conduct and breached its obligations as an AFSL holder to provide services efficiently, honestly and fairly. It is seeking declarations, pecuniary penalties and other orders ...

Caddick's assets will be sold

ELIZABETH MCARTHUR  |  TUESDAY, 23 NOV 2021
... The Federal Court has found Caddick and her company, Maliver, carried out a financial services business without holding an AFSL. The court has therefore ordered that Maliver be wound up and Caddick's assets be collected, sold and funds distributed ...

Women advisers drop to 21%

KARREN VERGARA  |  MONDAY, 22 NOV 2021
The number of women working in the financial advice industry has dropped to 21% compared to 25% two years ago. Rainmaker's modelling of the September ASIC Financial Adviser Register shows that only one in five financial advisers out of the total pool ...

Complaints filed against ASIC lawyers

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
... Mawhinney and Eleuthera Entities, which is based in the UK, but ASIC believes was also operating in Australia without an AFSL.

Sequoia buys general insurance book

JAMIE WILLIAMSON  |  THURSDAY, 18 NOV 2021
The ASX-listed wealth group is expanding its offering, obtaining a new general insurance AFSL and acquiring the customer book of a brokerage firm. Sequoia Financial Group has acquired the customer book of Tag Insurance Brokers, its associated business ...

BT Practice Principals' Community goes independent

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
... wishes Costas and his team all the best with their independent offer. "Following the Royal Commission, requirements from AFSL holders have become much tougher, resulting in licence holders increasingly engaging with their peers for support and business ...

Demand for niche advice firms increases

KARREN VERGARA  |  TUESDAY, 16 NOV 2021
... recurring revenue. Those looking to acquire express strong interest in AFS licences. These could be a plain vanilla-type AFSL with the standard authorisations such as superannuation, risk insurance and financial planning advice, or they may have the ...

BTC Markets adds to advisory board

ANNABELLE DICKSON  |  TUESDAY, 16 NOV 2021
... classification for different cryptocurrencies and digital assets to determine whether regulatory requirements should apply, such as an AFSL.

ASIC cancels AFSL of Future Asset Management

ELIZABETH MCARTHUR  |  FRIDAY, 12 NOV 2021
... and the liquidators will have the power to investigate the funds' affairs and assets. Future AM International has held an AFSL since 2012. Headquartered on the Gold Coast in Queensland, the firm described itself as a privately owned boutique Australian ...

BOQ divests St Andrew's Insurance

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
... million after the transaction. St Andrew's was embroiled in the Hayne Royal Commission for its affiliation with Select AFSL's dodgy sales practices. Select terminated its agreement to distribute and promote St Andrew's funeral insurance products ...