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Showing 361 - 370 of 600 results for "Authorised Representative"

Singapore fintech shutters Australian business

ALEX BURKE  |  FRIDAY, 7 APR 2017
... regulatory changes - particularly those concerning crowdfunding. As a result of this decision, its Corporate Authorised Representative Agreement with Melbourne Securities Corporation has been terminated. CoAssets co-founder and chief executive Getty ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
Corporate regulator ASIC successfully brought its first action against a licensee for breach of the Future of Financial Advice reforms in the Federal Court. Melbourne-based financial advice firm NSG Services (NSG) was found by the court to have breached ...

Adviser ban upheld by tribunal

KARREN VERGARA  |  TUESDAY, 4 APR 2017
... when following a client's direct instructions," ASIC commissioner Cathie Armour said. Batros was an authorised representative with financial services licensee Morgans Financial, between January 2012 and August 2014. He has the right to appeal the AAT's ...

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... insurance and superannuation products. WRM authorises advisers, generally employed by WRM's corporate authorised representative Yes FP, who provide personal financial advice to retail clients referred to them by Yes FS, via the website yesfs.com.au. ...

Liftoff imminent at Spaceship

EMMA RAPAPORT  |  TUESDAY, 14 MAR 2017
... offering. Issued through the Tidswell Master Superannuation Plan, Spaceship whose promoter is a corporate authorised representative of Grosvenor Pirie Management, will offer members with a strong appetite for growth - a single, high-risk investment product ...

False ASIC licensing claims lead to closure

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAR 2017
... Melbourne-based financial planner closed his website following an investigation by ASIC. Stephen Burgin, an authorised representative of Interprac Financial Planning, falsely claimed to be a 'senior ASIC licenced adviser' and an 'ASIC licenced fractional ...

AMP cops short-term pain

JAMIE WILLIAMSON  |  THURSDAY, 9 FEB 2017
... our adviser count should be the people actually giving advice to customers, rather than people with an authorised representative status. That therefore excludes accountants who provide auditing services and paraplanners in practices assisting advisers," ...

Adviser appeals ASIC ban

EMMA RAPAPORT, JAMIE WILLIAMSON  |  WEDNESDAY, 25 JAN 2017
... and committed a serious breach of privacy involving a number of client records. While Tindall is an authorised representative of Synchron, at the time of the incident questioned by the FPA he was licensed by Roan Financial Planning. The FPA stated it ...

FPA expels cheating member

EMMA RAPAPORT  |  THURSDAY, 19 JAN 2017
... "particularly its public standing and the confidence of the public in its members." The FPA also sanctioned authorised representative of Roan Financial Group, and Tindall Asset Management Trust financial planner, Darren Tindall for dishonest conduct ...

ASIC bans life insurance adviser

ALEX BURKE  |  FRIDAY, 9 DEC 2016
ASIC banned a Queensland-based financial adviser for seven years. Mateen Mohammed, who was an authorised representative of Synchronised Business Services from 2010 to 2015, is alleged by the regulator to have not maintained nor understood the "duties ...