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Showing 411 - 420 of 885 results for "Australian Financial Services"

ASIC seeks more bans in SMSF advice crackdown

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... about establishing SMSFs and acquiring (and disposing of) superannuation assets without holding an Australian Financial Services Licence. ASIC's investigation began in 2011 and found that Royale Capital and ActiveSuper were using investors' money to ...

Australia unprepared for FTAs

ALEX BURKE  |  THURSDAY, 14 MAY 2015
The Australian financial services industry is unprepared for a "bonanza" arising from free trade agreements with China, Japan and South Korea, according to Finsia research. Multiple factors including rapid market growth (between 2.5% and 7% over the ...

Barrett in buyout mode, acquires CBA firm

LAURA MILLAN  |  MONDAY, 11 MAY 2015
... a high caliber firm," Barrett said. EWM advisers have operated under CBA-owned Financial Wisdom Australian financial services licence (AFSL) since June 2013. Commenting on the ownership change, Cook said: "This transaction heralds a new era of growth ...

Bank results underpin wealth management new era

LAURA MILLAN  |  FRIDAY, 8 MAY 2015
... vertically integrated business models will change soon: "Such models are used extensively in the Australian financial services market by both aligned and independent banking, asset manager, superannuation, insurance, platform, research house, asset consultant ...

ASIC developing regulatory guide for advice remediation

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
ASIC has announced it is developing a regulatory guide for advice remediation programs for Australian financial services licensees. The regulator has participated in numerous advice review programs for major financial advice institutions, most notably ...

Wealthsure to cancel AFS licence

LAURA MILLAN  |  FRIDAY, 1 MAY 2015
Wealthsure Group will request for its Australian Financial Services (AFS) licence to be cancelled, following the acquisition by Sentry Group. Wealthsure (WPL) has already transferred some of its authorised representatives to Wealthsure Financial Services ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
... KordaMentha was appointed by ASIC in November 2014 to examine CFPL and FWL compliance under the limited Australian financial services licence (AFSL) conditions that the regulator imposed on the licensees.

Fintechs issued AFSL warning

MARK SMITH  |  THURSDAY, 9 APR 2015
... financial technology (fintech) businesses may be unwittingly providing financial services without an Australian Financial Services Licence (AFSL) or Australian Credit Licence (ACL), putting themselves in breach of the law and opening themselves up for ...

PROFILE: HESTA chief executive Debby Blakey

LAURA MILLAN  |  WEDNESDAY, 8 APR 2015
... figure out how to provide advice," Blakey says. One of the first steps was setting up HESTA's own Australian financial services licence (AFSL). Then Blakey and the team focused on coming up with the right model: "Our members' average superannuation account ...

Unlicensed adviser faces court

ALEX BURKE  |  MONDAY, 30 MAR 2015
... Brisbane. Pousa has been charged with facilitating IIC practicing financial services without an Australian Financial Services Licence between September 11 and June 2012. ASIC has since frozen over $3 million held by IIC during the course of its investigation. ...