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Showing 461 - 470 of 2080 results for "Australian Securities"

Advice associations under conflict of interest on professionalism: ASIC

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
... professionalism in the financial advice industry, as associations have "an inevitable conflict of interest," the Australian Securities and Investments Commission has argued. "Industry associations have an inevitable conflict of interest between enforcing ...

Opposition wants to postpone vote on FoFA bill

LAURA MILLAN  |  TUESDAY, 23 SEP 2014
... that the FSI is expected to report later in the year, while both the financial services industry and the Australian Securities and Investments Commission (ASIC) remain "under intense scrutiny and pressure-from parliament, press, and the public-to demonstrate ...

ASIC bans former Synchron adviser

STAFF WRITER  |  TUESDAY, 23 SEP 2014
The Australian Securities and Investments Commission (ASIC) has banned a former Synchron financial adviser from providing financial services for five years for failing to provide Statements of Advice (SOAs). Michael Richard Irwin, a Rockhampton-based ...

Tight regulation getting in the way of digital advice: Minter Ellison

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... clients due to tight regulation, and instead can only use simple tools, Minter Ellison said. "While [the Australian Securities and Investments Commission] ASIC has issued a class order in relation to calculators, the conditions mean that very few providers ...

BOQ reaches $17 million settlement with Storm victims

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... all legal costs and additional provision for remediation costs, the bank announced in a statement to the Australian Securities Exchange (ASX). The settlement is subject to Federal Court approval and it concludes both the legal proceedings brought against ...

Citi appoints former ASIC deputy chair to board

JAMES FERNYHOUGH  |  FRIDAY, 19 SEP 2014
Citibank Australia has appointed new non-executive director, former deputy chair of the Australian Securities and Investments Commission (ASIC) Belinda Gibson. Gibson was with ASIC from 2007 to 2013, where she had primary responsibility for the regulation ...

ASIC reviews FoFA progress

JAMES FERNYHOUGH  |  THURSDAY, 18 SEP 2014
... effect on either adviser numbers or the type of financial advice AFS licensees provide, according to the Australian Securities and Investments Commission (ASIC). In its review on the implementation of FoFA, ASIC also found little change in the ownership ...

Westpac fined over misleading statements on annuity product

LAURA MILLAN  |  WEDNESDAY, 17 SEP 2014
... potentially misleading statements on its Westpac Annuity Deposit. The bank has paid the penalty after the Australian Securities and Investments Commission issued two infringement notices regarding the product disclosure statement (PDS) and other promotional ...

Magellan sees "real tensions" in launching ASX-listed fund

LAURA MILLAN  |  WEDNESDAY, 17 SEP 2014
Magellan is considering launching a global open-ended fund listed to the Australian Securities Exchange (ASX), but chairman Brett Cairns has expressed concerns about the process. "There are some real tensions between those who manage money, and have ...

mFund attracts 4 new fund managers

LAURA MILLAN  |  MONDAY, 15 SEP 2014
The Australian Securities Exchange's (ASX) mFun has added four new fund managers to its current offering, which brings the number of mFunds available to 55. The new funds are Platinum Asset Management's new Platinum Global fund, which aims to provide ...