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Showing 461 - 470 of 600 results for "Authorised Representative"

WB advisers join CBA's Financial Wisdom

LAURA MILLAN  |  MONDAY, 15 JUL 2013
The 23 authorised representatives of WB Financial Management have joined the Commonwealth Bank-owned Financial Wisdom dealer group. WB Financial board took the decision to go under CBA's umbrella in an attempt to deal with "an increasingly comply regulatory ...

ASIC bans Gateway Financial adviser permanently

LAURA MILLAN  |  MONDAY, 8 JUL 2013
... Investments Commission (ASIC) has permanently banned a former Gateway Financial adviser, which is an authorised representative of Titanium Planners. Joshua John Doyle from Bradbury, New South Wales, has been permanently banned from providing financial ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... grandfathering of employee remuneration arrangements for both salaried licensees and salaried advisers within an Authorised Representative business. "In the absence of this regulation, the implications of changing employee remuneration arrangements were ...

Employed advisers could face $200k liability under FoFA

JAMES FERNYHOUGH  |  TUESDAY, 11 JUN 2013
... cover these fines so, my advice to them is to ask their licensee to terminate their appointment as an authorised representative right now and let them provide advice as an employee only," she said.

AFS goes into liquidation

LAURA MILLAN  |  FRIDAY, 31 MAY 2013
The Australian Financial Services (AFS) Group has been placed into voluntary liquidation, according to the Australian Securities and Investments Commission (ASIC). The resolution to wind up the company was made yesterday by creditors. At the same time ...

Paragem FUA reaches $1.9bn after new mergers

LAURA MILLAN  |  FRIDAY, 24 MAY 2013
Paragem Australian Financial Services Licence (AFSL)'s funds under advice (FUA) has reached $1.9 billion after three practices joined the group between May and June 2013. The practices are all fee-based and look after more than $280 million FUA, which ...

ASIC warns planners, be careful who you hire

JAMES FERNYHOUGH  |  TUESDAY, 7 MAY 2013
The Australian Securities and Investment Commission (ASIC) has warned financial services licensees to be cautious when hiring new advisers. The warning follows a string of actions against licensees for failing to comply with their Australian financial ...

Count eyes accounting firms

LAURA MILLAN  |  TUESDAY, 30 APR 2013
Count Financial (Count) sees great opportunity for accountants to provide financial advice, and is training 11 accounting firms to become autorised representatives of Count. On July 1, 2013, accountants will be able to provide advice under new conditional ...

MLC awards mandate to US fund BlueMountain

ALICE URIBE  |  MONDAY, 15 APR 2013
... while he worked for JPMorgan. The local arm of US-based Affiiliated Mangers Group (AMG) has been the authorised representative of BlueMountain in Australia since 2009.

ASIC charges former financial adviser

LAURA MILLAN  |  FRIDAY, 12 APR 2013
... charges for providing false and misleading statements to three of the five investors. Whitting was an authorised representative of Kedesco, an Australian financial services (AFS) licensee, and was employed by Shelbourne Financial Services which operated ...