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Showing 661 - 670 of 940 results for "AFSL"

Carwardine to undergo external advice review

KERRIE SYDEE  |  WEDNESDAY, 7 DEC 2016
... Financial Group (Lionsgate) after additional licence conditions were placed on its Australian financial services licence (AFSL) in 2013. The conditions required Lionsgate to appoint an independent expert to review all aspects of its arrangement for compliance ...

ASIC probe reveals 185 more CBA compo cases

KERRIE SYDEE  |  TUESDAY, 6 DEC 2016
... cases. The report was required under the additional conditions imposed by ASIC on the Australian financial services licences (AFSL) of Commonwealth Financial Planning (CFP) and Financial Wisdom (FW) in August 2014. The report found that as a result of ...

Out-dated websites flag regulatory risk

KERRIE SYDEE  |  MONDAY, 5 DEC 2016
Financial planning practices must not ignore the regulatory risk of an outdated website and the implications it could have on their firm, according to YTML co-founder and chief executive Kevin Liao. Speaking with Financial Standard, Liao said there ...

Bank inquiry recommends breaking big four oligopoly

ALEX BURKE  |  FRIDAY, 25 NOV 2016
... management industry to provide regular insight into the quality of financial advice and misconduct in the provision of advice. AFSL-holders would also be required to contact each of an advisers' clients in cases of misconduct. The Australian Bankers' ...

Centuria acquires property platform

DARREN SNYDER  |  THURSDAY, 24 NOV 2016
... four unlisted real estate funds. This acquisition is valued at $91.5 million, plus $10 million in cash in support of CIML's AFSL and net assets requirements. It also includes the acquisition of 360 Capital Group's (TGP) co-investment stakes in TIX (15.6%) ...

Key board appointment for Sequoia

JAMIE WILLIAMSON  |  MONDAY, 21 NOV 2016
... its board with a new non-executive director. Sequoia has appointed Garry Crole, managing director of independently owned AFSL, Interprac Financial Planning. Crole will also join Sequoia's governance committee, risk & compliance committee, remuneration ...

Infocus celebrates success

KERRIE SYDEE  |  WEDNESDAY, 9 NOV 2016
... conference also raised about $18,000 for Infocus' chosen charity Beyond Blue. The Outstanding Adviser Award for the Infocus AFSL was awarded to Amanda Doyle from Infocus South Perth. From the Patron AFSL, Kaylee Garden from Garden Financial Services ...

Boutique advice firm joins Fortnum

KERRIE SYDEE  |  FRIDAY, 4 NOV 2016
... best-of-breed services to high net worth individuals and families. "We considered all our options, including applying for our own AFSL, and conducted an extensive review of the market before deciding to partner with Fortnum," Cardena Private Wealth director ...

ASIC permanently bans jailed adviser

KERRIE SYDEE  |  FRIDAY, 28 OCT 2016
... organisation lose $33,419.11. At the time of her actions Whelan was an authorised representative under National Adviser Services, AFSL No. 233750. Her status as an authorised representative was terminated on 2 August 2016. As part of her sentence, Judge ...

ASIC confirms systemic failures in advice

KERRIE SYDEE  |  THURSDAY, 27 OCT 2016
The Australian Securities and Investment Commission has confirmed systemic failures at 21 Australian Financial Services Licensees in providing ongoing advice services to clients. Identified in ASIC's 'Financial advice: Fees for no service' report, the ...