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Showing 441 - 450 of 905 results for "Australian Financial Service"

Treasury seeks consultation on adviser register

LAURA MILLAN  |  THURSDAY, 27 NOV 2014
Treasury has started the consultation process on the public register of financial advisers, with submissions closing on December 17. The adviser register will be implemented as an amendment to the Corporations Act and approved through regulation. The ...

Original FoFA laws take immediate effect

JAMES FERNYHOUGH  |  THURSDAY, 20 NOV 2014
Financial advisers must fully comply with Labor's original Future of Financial Advice (FoFA) laws from today, after the Senate voted to disallow the government's amendments last night. The reversion to the original legislation took effect as soon as ...

Industry seizes China FTA opportunities

JAMES FERNYHOUGH  |  TUESDAY, 18 NOV 2014
The financial services industry has been quick off the mark following the signing of a free trade agreement (FTA) between Australia and China yesterday, with many Australian institutions already announcing their own deals with Chinese businesses and ...

Unlicensed Torquay adviser gets 7 year ban

LAURA MILLAN  |  MONDAY, 17 NOV 2014
Torquay-based director and sole employee of Shore Capital Scott Logan has been banned for providing financial services for seven years. An investigation by the Australian Securities and Investments Commission (ASIC) found that between April 2011 and ...

ASIC to watch CBA advisers closely

LAURA MILLAN  |  FRIDAY, 14 NOV 2014
The Australian Securities and Investments Commission (ASIC) has appointed a compliance expert to examine the performance of advisers at Commonwealth Financial Planning and Financial Wisdom. KordaMentha Forensic will review past activities by Commonwealth ...

No Westpac leadership changes after Gail Kelly departure

LAURA MILLAN, ALICE URIBE  |  THURSDAY, 13 NOV 2014
Westpac chief executive of Australian financial services Brian Hartzer has ruled out any sweeping changes to the bank's leadership team when he takes over as top chief executiveA from Gail Kelly on 1 February 2015. At a press conference in Sydney today ...

Gail Kelly steps down as Westpac CEO

LAURA MILLAN  |  THURSDAY, 13 NOV 2014
Gail Kelly will step down from her role of chief executive at Westpac on February 1, 2015 to be replaced by Westpac chief executive of Australian financial services Brian Hartzer. Westpac Chairman Lindsay Maxsted said Kelly, who has led Westpac for ...

ASIC takes SMSF property spruikers to court

LAURA MILLAN  |  WEDNESDAY, 12 NOV 2014
The Australian Securities and Investments Commission (ASIC) has sought court orders against an unlicensed property investment promoter based in New South Wales. Park Trent Properties Group is carrying on an unlicensed financial services business and ...

New Fortnum advice business targeting accountants

MARK SMITH  |  WEDNESDAY, 12 NOV 2014
Independently-owned advisory firm Fortnum Financial Group has launched a new business targeting accountants aiming to become licenced to provide financial advice. Fortnum Professional Strategies will provide class of product licensing as well as education ...

BTFG earnings up 16%

MARK SMITH  |  MONDAY, 3 NOV 2014
Staying "close to advisers" to assist them cope with regulatory changes helped BT Financial Group (BTFG) to a solid full year result, according to the wealth manager. The company reported a 16% year-on-year increase in cash earnings to $895 million ...