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Showing 471 - 480 of 600 results for "Authorised Representative"

Securities dealer scales back after ASIC review

LAURA MILLAN  |  THURSDAY, 4 APR 2013
Securities dealer Clearing & Settlement Services (CSS) has downsized its operations after the Australian Securities and Investments Commissions (ASIC) found it had failed to comply with conditions of its Australian Financial Services licence (AFSL). ...

ASIC imposes AFSL conditions on Lionsgate

ALEX DUNNIN  |  THURSDAY, 7 MAR 2013
ASIC has imposed additional conditions on the Australian financial services licence of NSW-based Lionsgate Financial Group Pty Ltd following a surveillance of its advice business. According to the regulator, Lionsgate currently has 103 authorised representatives ...

Industry bodies welcome Code of Conduct update

LAURA MILLAN  |  MONDAY, 4 MAR 2013
... consider this carefully," Fox said. "We are pleased that ASIC has provided further clarity on how an authorised representative may meet their legal obligations through obviating the need for opt-in." "Given that the opt-in obligation is still more than ...

Ex-Kangaroo and Storm adviser banned for non-compliance

MARK STORY  |  MONDAY, 3 DEC 2012
... was a financial adviser with Storm Financial Ltd between May 2006 and June 2009 and is currently an authorised representative with AAA Financial Intelligence Ltd. An ASIC investigation found that between 20 November 2007 and 10 December 2010, Mr Fullerton-Smith ...

ASIC takes action against Storm adviser

BEN COLLINS  |  THURSDAY, 22 NOV 2012
... business, Webb may have also provided inaccurate advice to clients in a new role, ASIC said. Webb is now an authorised representative of Synchronised Business Services Pty Ltd. He has to complete a professional development course within the next year ...

34 months prison for ex- GuardianFP adviser

BEN COLLINS  |  TUESDAY, 13 NOV 2012
... out $49,275.22 in premium payments for the fake policies, reported ASIC. At the time Heathwood was an authorised representative of GuardianFP and an employee of Jalee Consulting Group Pty Ltd. Jalee is also an authorised representative of GuardianFP. ...

Accountants to deliver advice under new regime

LINDA HAUSKEN  |  MONDAY, 15 OCT 2012
... available to accountants who want to advise SMSF trustees include getting their own licence, becoming an authorised representative of a licensee or entering into a referral arrangement with an appropriately licensed person. MLC is one company that offers ...

ASIC bans two advisers

MELANIE TIMBRELL  |  TUESDAY, 25 SEP 2012
... following breaches including unlawful early release of superannuation benefits. Simon Turudia, formerly an authorised representative of AMP Financial Planning was found to have arranged the early release of approximately $1.7 million in superannuation ...

Adviser faces court on 22 charges

LINDA HAUSKEN  |  THURSDAY, 13 SEP 2012
... the corporate watchdog's investigation into Veitch's former role as a financial adviser. Veitch was an authorised representative of WealthSure from December 2005 to February 2010. He is charged with 21 counts of obtaining money by false and misleading ...

QLD adviser cops five year ban

LINDA HAUSKEN  |  TUESDAY, 21 AUG 2012
... financial laws. Giraldo has been a director of WIN Financial Network since 1993. She was also employed as an authorised representative of Wealthsure in 2008. In addition, from 2003 to 2008 she was authorised representative of Securitor Financial Group. ...