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Showing 501 - 510 of 885 results for "Australian Financial Services"

ASIC orders additional AFSL conditions on Sydney firm

LAURA MILLAN  |  MONDAY, 26 AUG 2013
... 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 risk ...

Global firm mulls Aussie advice market

LAURA MILLAN  |  THURSDAY, 22 AUG 2013
... Standard. Willis built the financial planning division from scratch and it operates under AMP Group Australian financial services licence (AFSL). "We have one adviser working for us because this is still part of a start-up within Willis and if we demonstrate ...

AFS advisers denied access to brokerage account

LAURA MILLAN  |  WEDNESDAY, 14 AUG 2013
The Federal Court of Australia has denied access by former Australian Financial Services Group (AFS) advisers to the money in a brokerage account of the group, which would pay for some of the money owed to advisers. The account holds about $1.9 million ...

ASIC bans broker for deceptive conduct

JAMES FERNYHOUGH  |  TUESDAY, 6 AUG 2013
... clients to more than $40 million in losses, and put one at risk of breaching the terms of their Australian financial services licence (AFSL). Barr is the 34th person to be banned from providing financial services this year, and the 18th to receive a ...

NTAA keen to establish referral relations with advisers

LAURA MILLAN  |  MONDAY, 5 AUG 2013
... have been doing more in their world than what they are prepared to do." The NTAA recently set up an Australian financial services licence (AFSL) under the name of NTAA Advice that its members can use to provide SMSF advice.

Advice firms start to launch in post-FoFA regime

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... about to launch Bombora Advice, a boutique risk advice business that will operate under its own Australian financial services licence (AFSL). "It is a far more rigorous process now that when I first launched Apogee in the mid-90s," Handley told Financial ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... Advice (FoFA) regulation. In Consultation Paper 214 called "Updated record-keeping obligations for Australian financial services licensees", ASIC asks planners to keep records to prove that the licensee and its representatives have complied with the ...

ASIC cancels Perth stockbroker's licence

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
Perth securities dealer Stellar Securities Pty Ltd has lost its Australian financial services licence (AFSL) over compliance issues. The Australian Securities and Investments Commission (ASIC) found Stellar Securities had failed to comply with conditions ...

Finance to fill export gap as mining boom sags

JAMES FERNYHOUGH  |  WEDNESDAY, 24 JUL 2013
... businesses face. FSC chief executive John Brogden said the report shows that as the mining boom slows Australian financial services industry is ready to take a more prominent role in Asia. "To do so, the financial services industry first needs to move ...

COIN mulls Revex acquisition

LAURA MILLAN  |  FRIDAY, 19 JUL 2013
... 180 days to agree full form, binding, transaction documentation. Revex is a software manager for Australian Financial Services Licensee's and financial planning practices. It offers automated management of revenue, including commissions and client fees ...