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Showing 481 - 490 of 1464 results for "Investments Commission"

WealthSure undertakes major reform of the business

LAURA MILLAN  |  TUESDAY, 3 SEP 2013
... business after it entered into an enforceable undertaking following concerns by the Australian Securities and Investments Commission (ASIC) over poor compliance and failure to monitor advisers' actions. The dealer group will focus on training the advisers ...

ASIC puts stop order on misleading Trilogy PDS

JAMES FERNYHOUGH  |  MONDAY, 2 SEP 2013
The Australian Securities and Investments Commission (ASIC) has put interim stop orders on the product disclosure statements (PDSs) for Trilogy Monthly Income Fund and Trilogy Melbourne Office Syndicate - Cheltenham, over concerns of the relevance of ...

ASIC accepts enforceable undertaking from WealthSure

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... Darren Pawski, will be put into an enforceable undertaking (EU) until 2018. The Australian Securities and Investments Commission (ASIC) has accepted an EU from both companies after an investigation that started in December 2011 identified compliance ...

ASIC concerned over "pockets" of poor SMSF advice

LAURA MILLAN  |  MONDAY, 2 SEP 2013
The Australian Securities and Investments Commission (ASIC) has found "concerning pockets of poor advice" which involve recommendations that self-managed super fund (SMSF) investors gear into real property. ASIC's commissioner Greg Tanzer said that ...

MDAs key to proving value of advice

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
... this could be a key selling point for this large market. MDAs are regulated by Australian Securities and Investments Commission (ASIC). Currently, many MDA operators are running them on 'no-action letters' rather than full MDA licences. But ASIC has ...

PIS could face class action over "inadequate" advice

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
... an enforceable undertaking from December 2010 to March 2012, but last July the Australian Securities and Investments Commission (ASIC) ordered the appointment of an independent expert to further monitor PIS. ASIC raised concerns over the dealer group's ...

AAP hits adviser milestone ahead of buyout

LAURA MILLAN  |  TUESDAY, 27 AUG 2013
... PIS is also undergoing a monitoring program by an independent expert after the Australian Securities and Investments Commission (ASIC) raised concern over its advice processes.

ASIC issues governance warning on local emerging market companies

MARK SMITH  |  TUESDAY, 27 AUG 2013
The Australian Securities and Investments Commission (ASIC) has issued a warning over corporate governance in Australian companies that have significant operations in emerging markets, saying these companies are more susceptible to collapse than domestically ...

ASIC orders additional AFSL conditions on Sydney firm

LAURA MILLAN  |  MONDAY, 26 AUG 2013
The Australian Securities and Investments Commission (ASIC) has imposed additional licence conditions on the Australian financial services licence (AFSL) of a Sydney-based firm. ASIC identified concerns about the adequacy of Roco International's market ...

WealthSure faces restructure after Court case

LAURA MILLAN  |  FRIDAY, 23 AUG 2013
... operating expenditure in new systems and resources to deal with concerns of the Australian Securities and Investments Commission (ASIC). This week, former WealthSure adviser Brian William Veitch pleaded guilty to 22 criminal charges following an ASIC ...