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Showing 451 - 460 of 1464 results for "Investments Commission"

ASIC acted only when claims hit "tsunami level"

LAURA MILLAN  |  MONDAY, 21 OCT 2013
A former employee of the Australian Securities and Investments Commission (ASIC) has condemned the fact that the regulator acted only when the volume of complaints "reached tsunami level." In a submission to the Senate inquiry on ASIC's performance ...

Don't deal with Aussie Rob, ASIC warns

JAMES FERNYHOUGH  |  FRIDAY, 18 OCT 2013
The Australian Securities and Investments Commission (ASIC) has banned Aussie Rob Financial Services and Lifestyle Trader director Robert Lloyd Wilson from providing financial services, and warned the public "not to deal with the failed businessman". ...

ASIC reports drop in financial services insolvencies

JAMES FERNYHOUGH  |  FRIDAY, 18 OCT 2013
... modestly compared to the previous year, according to new figures released by the Australian Securities and Investments Commission (ASIC). ASIC's report showed that FIS companies accounted for just 3% of companies that went into external administration ...

ASIC has risk advice in its sights

MARK SMITH  |  TUESDAY, 15 OCT 2013
Australian Securities and Investments Commission (ASIC) deputy chairman Peter Kell has the retail insurance sectors in his sights, announcing that the regulator will conduct major surveillance of the sector. Kell said ASIC is in the process of gathering ...

International advice meeting to develop new strategies

LAURA MILLAN  |  THURSDAY, 10 OCT 2013
... toward enshrinement of the term 'financial planner' in law," Rantall said. The Australia Securities and Investments Commission (ASIC) deputy chair Peter Kell will address the meeting on October 23 and will provide insights into ASIC's view of the Australian ...

Centrepoint optimistic after completing AAP acquisition

LAURA MILLAN  |  TUESDAY, 8 OCT 2013
... loss after tax of $4.2 million in financial year 2013. At the same time, the Australian Securities and Investments Commission (ASIC) expressed concerns over PIS' compliance and audit functions and asked for the dealer group to be subject to a monitoring ...

Chambers enters into administration, loses AFSL

LAURA MILLAN  |  FRIDAY, 4 OCT 2013
... administration and had its Australian financial services licence (AFSL) cancelled by the Australian Securities and Investments Commission (ASIC). ASIC also cancelled the Australian credit licence of Chambers after it ceased to engage in credit activities ...

ASIC rescues lower risk products from 'hedge fund' label

MARK SMITH  |  FRIDAY, 4 OCT 2013
The Australian Securities and Investments Commission (ASIC) has tweaked its definition of a hedge fund, to reduce the number of products that fall within stricter disclosure requirements. Product providers had expressed concern that some low-risk retail ...

Industry funds ask for specialised SMSF adviser training

LAURA MILLAN  |  THURSDAY, 3 OCT 2013
... and the Industry Super Association (ISA) have lodged a joint submission to the Australian Securities and Investments Commission (ASIC) Consultation Paper 212 on adviser training. "AIST and ISN believe that the knowledge requirements for SMSFs are different ...

Wealth Within targets SMSFs with new platform

ALICE URIBE  |  WEDNESDAY, 2 OCT 2013
... platform dubbed Global One, but the groups were waiting on sign-off from the Australian Securities and Investments Commission (ASIC) on other unrelated matters. Zerbes said that there were plans to roll the platform out to 4,000 accountants. "By end ...