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Showing 31 - 40 of 56 results for "Corporate Authorised Representative"

ASIC takes action on Union Standard

KARREN VERGARA  |  TUESDAY, 15 DEC 2020
ASIC has commenced civil penalty proceedings against brokerage firm Union Standard International Group and its affiliates. The corporate regulator has taken action against the Sydney-based retail over-the-counter derivatives issuer and its former corporate ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 30 NOV 2020
... its key person, Jels failed to appoint a new key person. In addition, ASIC said Jels' sole corporate authorised representative was also insolvent. The company also failed to lodge its audited accounts for the 2017-19 financial years. Meanwhile, ASIC ...

Sequoia acquires advice firm

ALLY SELBY  |  WEDNESDAY, 8 JUL 2020
... additional expense, making a strong contribution to our EBITDA," the company said. TCA is a corporate authorised representative of Sequoia Group and has generated an average of $800,000 in annual income over the past three years. It will be absorbed ...

Sequoia to acquire wealth group

KANIKA SOOD  |  MONDAY, 1 JUN 2020
Sequoia Financial Group has entered an agreement to acquire a wealth group, adding about 23 advisers and $1 billion in funds under management. Sequoia Wealth Management will acquire the customer base of Phillip Capital Limited's existing advisers ...

ASIC bans RC case study adviser

HARRISON WORLEY  |  TUESDAY, 12 MAY 2020
... he was the sole director of Money Works, a firm appointed by Futuro Financial Services as a corporate authorised representative. At the time, Harris was not authorised to provide financial services, however gave the false impression he was, in statements ...

New firm joins Count Financial network

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 APR 2020
... firm in Queensland. Affinitas Financial Planning has joined Count Financial as its newest corporate authorised representative. Affinitas Financial Planning managing director Brad Peters said Affinitas had been looking for the appropriate partner by "speed ...

Life commissions, referral fees still kosher: AFA

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
A regulatory update at the Association of Financial Advisers' Roadshow event in Sydney provided financial advisers a clear message on life insurance commissions and referral fees, and took aim at a former FASEA board member in the process. AFA general ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
A digital advice firm has voluntarily shut down two robo-advice tools after ASIC raised concerns. Lime FS, a Sydney-based Australian financial services licensee, was running corporate authorised representatives Plenty Wealth, Plenty Plus and Lime Wealth ...

Super startup to relaunch

HARRISON WORLEY  |  TUESDAY, 30 APR 2019
... is also involved in the venture, with Human Financial - the promoter of FairVine - being a corporate authorised representative of its AFSL. FairVine's website claims the fund asked women about their spending and saving habits, as well as what they ...

Former MyPlanner adviser fails best interests test

JAMIE WILLIAMSON  |  WEDNESDAY, 5 SEP 2018
... representative of MyPlanner, he is also a director of Future Accountants and Adviser which was a corporate authorised representative of MyPlanner. Allen had been licensed by MyPlanner since November 2015. Prior to that he was an authorised representative ...