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Showing 391 - 400 of 881 results for "Australian Financial Services"

Independent advice licensee under ASIC radar

LAURA MILLAN  |  THURSDAY, 6 AUG 2015
A Queensland advice group has seen its Australian financial services licence questioned by the Australian Securities and Investments Commission (ASIC). The regulator has imposed new licence conditions on Sentinel Private Wealth following concerns over ...

Capstone/BGL to deliver online AFSL authorisation

ALEX BURKE  |  TUESDAY, 4 AUG 2015
... Financial Planning and SMSF administration services provider BGL are partnering to deliver online Australian Financial Services Licence authorisation to accountants. The partnership will enable BGL clients to apply online for an AFSL via a web portal ...

China FTA gives Australia "first mover advantage"

LAURA MILLAN  |  MONDAY, 3 AUG 2015
The China Australia Free Trade Agreement (FTA) will give Australian financial services companies a competitive edge that their peers in the United States or Japan don't have. Speaking in front of the Parliamentary Joint Standing Committee on Treaties ...

Wealth Enhancers departs Synchron, goes independent

ALEX BURKE  |  TUESDAY, 28 JUL 2015
Generation Y-targeted advice firm Wealth Enhancers has set up its own Australian Financial Services Licence (AFSL). Wealth Enhancers was previously aligned with Synchron. According to Wealth Enhancers financial coach Rebecca Boles, the decision to go ...

Macquarie pays $11m advice compensation so far

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
... most comprehensive within the industry because it went back to March 2, 2004, when MPW obtained its Australian financial services license (AFSL). The EU finished in February 2015, with ASIC saying that "while there have been substantial improvements ...

IFAs to benefit from ASIC SME focus

ALEX BURKE  |  FRIDAY, 17 JUL 2015
... "enhancement." Given that ASIC's 2013-2014 annual report demonstrates a steady year-on-year increase in new Australian Financial Services Licensees (AFSLs), improvements to SME registration services will impact the growing number of advisers looking ...

Advisers should beware industry "frenemies"

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
... selling life insurance products, industry funds providing internal advice to members, accountants with Australian Financial Services Licences and "robo-advice" providers (at the lower end of the market) - are getting better at segmenting their client-bases ...

ASIC bans former risk adviser

ALEX BURKE  |  THURSDAY, 9 JUL 2015
... It has since advised ASIC it has ceased trading and is working with the regulator to cancel its Australian Financial Services Licence. As reported in Financial Standard in March, Macquarie confirmed it would be closing the dealer group and five associated ...

ASIC reviews One Big Switch, bans adviser

DARREN SNYDER  |  TUESDAY, 30 JUN 2015
... insurance campaign that saw more than 74,000 consumers sign up. However the company did not hold an Australian financial services (AFS) licence. Following ASIC concerns, the company applied for an AFS licence. Kemp Strang Lawyers will undertake a further ...

Executive appointment round-up

DARREN SNYDER  |  FRIDAY, 26 JUN 2015
... position. Former FPA chair to leave Hood Sweeney - After six years as managing director of South Australian financial services firm Hood Sweeney, Matthew Rowe recently announced he would not seek re-appointment in the position. Legg Mason appoints sales ...