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Showing 491 - 500 of 885 results for "Australian Financial Services"

Hockey Review to push for industry deregulation

LAURA MILLAN  |  THURSDAY, 17 OCT 2013
... existing market participants across all sectors of our economy." Hockey told the audience that the Australian financial services industry "has come through the global financial crisis in exceptional shape" and hoped that "our once every fifteen year ...

International advice meeting to develop new strategies

LAURA MILLAN  |  THURSDAY, 10 OCT 2013
... Peter Kell will address the meeting on October 23 and will provide insights into ASIC's view of the Australian financial services marketplace and the role financial planning and CFP certification has to play. FPSB became an affiliate member of the International ...

Chambers enters into administration, loses AFSL

LAURA MILLAN  |  FRIDAY, 4 OCT 2013
Chambers Investment Planners entered into voluntary administration and had its Australian financial services licence (AFSL) cancelled by the Australian Securities and Investments Commission (ASIC). ASIC also cancelled the Australian credit licence of ...

Sonray director to face 10 years imprisonment over unfunded deposits

ALICE URIBE  |  THURSDAY, 3 OCT 2013
... imprisonment for submitting a false document to ASIC. Sonray was established in 2003 and held an Australian financial services licence. It was one of the first brokers in Australia to provide advice on contracts for difference (CFDs). The company was ...

New adviser service speeds up dealer group creation

LAURA MILLAN  |  MONDAY, 30 SEP 2013
... their own dealer group. My Dealer Services and Libertas Solutions will help advisers to obtain an Australian financial services licence (AFSL) and manage the ongoing compliance requirements. It will provide a full range of licensee services and functions ...

New SFG service launched to reposition boutiques

ALICE URIBE  |  THURSDAY, 12 SEP 2013
SFG Australia (SFGA) has launched a business-to-business offering to assist boutique Australian Financial Services Licence (AFSL) holders with back-end support. The offering from the SFGA-owned Actuate Alliance Services will provide licensee and advice ...

ASFA wary about SMSF property schemes

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
The Association of Superannuation Funds of Australia (ASFA) is calling for mandatory Australian financial services licensing (AFSL) for all persons involved in the sale of investment products and property to self-managed super funds (SMSF). ASFA expressed ...

ASIC concerned over "pockets" of poor SMSF advice

LAURA MILLAN  |  MONDAY, 2 SEP 2013
... investment is made through an SMSF. However, some operators mistakenly think they do not require an Australian financial services licence to do that. Tanzer said that there are operators providing SMSF property advice without a licence. "In the past ...

MDAs key to proving value of advice

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
... it intends to revoke these no-action letters, and bring all MDAs under formal regulation on the Australian Financial Services (AFS) Licence. It has proposed a two-year transition period.

PIS could face class action over "inadequate" advice

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
... were introduced to the investment on the advice of authorised representatives of Queensland-based Australian financial services licensee PIS. "Our investigations also indicate PIS advisors failed to adequately explain the risks involved in the investment ...