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Showing 381 - 390 of 2085 results for "Australian Securities"

Westpac, Count on ASIC radar over complex product advice

LAURA MILLAN  |  TUESDAY, 24 FEB 2015
... Count Financial are among the 10 licensees forced to undertake corrective action following concerns by the Australian Securities and Investments Commission (ASIC) concerns about financial advice relating to complex products. In December 2013 ASIC identified ...

Nationals pressure Treasury for RC into white collar crime

LAURA MILLAN  |  MONDAY, 23 FEB 2015
... is the Senator who tabled the motion for a Senate Economics Committee inquiry into the performance of the Australian Securities and Investments Commission (ASIC) in mid-2013. The inquiry revealed a number of cases of failed financial advice, especially ...

SMSFs attract too much criticism

MARK SMITH  |  THURSDAY, 19 FEB 2015
... rules," he said. "The rules are there to protect members against themselves." He also admitted that a recent Australian Securities and Investments Commission (ASIC) investigation into the quality of SMSF advice had unearthed too many problems. "We still ...

Advice register more detailed than expected

LAURA MILLAN  |  WEDNESDAY, 18 FEB 2015
... services licensee" (advice firm employees and authorised representatives) will also have to provide the Australian Securities and Investments Commission (ASIC) with information. The register will include the provider's name, date and place of birth ...

ASIC ends Macquarie EU but sees gaps in advice files

LAURA MILLAN  |  FRIDAY, 13 FEB 2015
Macquarie Equities Limited advice files have gaps and require further testing, the Australian Securities and Investments Commission (ASIC) said as the two year enforceable undertaking (EU) into the organisation's advice arm comes to an end. "While there ...

Ex-ANZ adviser sent to jail over $6m fraud

LAURA MILLAN  |  WEDNESDAY, 11 FEB 2015
... it has reached agreement on the payment compensation. ANZ and M3 cooperated with the investigation by the Australian Securities and Investments Commission (ASIC) and also engaged Clayton Utz and Ernst and Young to ensure that a thorough investigation ...

Life insurance commissions must remain an option: AFA

LAURA MILLAN  |  WEDNESDAY, 11 FEB 2015
... consideration to other options available," Anderson said at an AFA GenXt roadshow in Sydney. A report by the Australian Securities and Investments Commission (ASIC) on life insurance rated 45% of advice a failure when advisers were receiving high upfront ...

Reconsider life insurance commission ban: ISA

LAURA MILLAN  |  TUESDAY, 10 FEB 2015
... Trowbridge said. The inquiry into financial advice is being conducted in response to the report issued by the Australian Securities and Investments Commission (ASIC) in October.

Future Generation fund makes $618k for charities

LAURA MILLAN  |  MONDAY, 9 FEB 2015
... Generation Investment (FGX) will be able to donate $618,000 to charities after six months trading on the Australian Securities Exchange. The philanthropic fund gives investors exposure to 15 funds managed by 14 of Australia's top fund managers, who are ...

Challenger nabs CBA exec for top funds management role

LAURA MILLAN  |  FRIDAY, 6 FEB 2015
... been appointed Challenger chief executive of funds management, Challenger confirmed in a statement to the Australian Securities Exchange (ASX). He will be in charge of a business with $53 billion in funds under management that includes Challenger Investment ...