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Showing 51 - 60 of 979 results for "AFSL"

Super fund-backed AFSL adviser numbers drop: Rainmaker

RIDDHIMA TALWANI  |  FRIDAY, 22 MAY 2026
Industry superannuation funds will continue to adopt a hybrid framework of advice, integrating digital and human channels, as the number of advisers under super funds owned AFSL's has declined progressively in the last five years. Rainmaker Information ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
... investment schemes (MIS) and carrying on a financial services business without an Australian financial services license (AFSL) for eight years. He invested the finances raised across 27 projects. Between November 2024 and August 2025, Giumelli was an ...

Fintech AUDC hires former UBS director, expands senior team

MICHELLE BALTAZAR  |  THURSDAY, 7 MAY 2026
... improve their services," said AUDC's chief executive officer, Effie Dimitropoulos. This year the group was granted an AFSL, which allows it to provide non-cash payment facilities and operate within Australia's financial regulatory framework. ...

Openmarkets makes private wealth play

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
... Cahill Private Clients are some of the businesses now operating as corporate authorised representatives under the Openmarkets AFSL. The offering is described as a product-agnostic, turnkey AFSL solution and allows advisers to operate their own businesses ...

ASIC reviews AFSLs over finfluencer concerns

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
ASIC has issued warning notices to four finfluencers suspected of providing unlicensed financial advice or engaging in misleading or deceptive conduct, as well as commencing a review of several licensees and their supervision of 15 finfluencers operating ...

K2 AM to close small cap ETF

KARREN VERGARA  |  MONDAY, 20 APR 2026
... fund appointments are scheduled to commence during FY26, with additional managers in advanced discussions to utilise K2's AFSL and operational infrastructure. Importantly, these mandates are expected to contribute recurring and scalable fee revenue ...

Advice book valuations stagnate despite demand

MATTHEW WAI  |  WEDNESDAY, 15 APR 2026
... also highlighted increased demand for AFSLs over the past year, leading to an increase in prices. Now, the sale price for an AFSL ranges across $20,000 to $100,000 or more depending on the authorisations attached. It also noted that some buyers are insisting ...

ASIC bans former adviser Rhys Reilly for 10 years

KARREN VERGARA  |  MONDAY, 13 APR 2026
... by InterPrac. On 5 March 2024, he became a director of Conexus Group. As part of the ban, ASIC has cancelled Conexus' AFSL until 31 July 2026. This is so that Conexus can sever its relationship with Reilly and update its licence arrangements. The ...

SMSF Adviser Network shuts its doors, 85 advisers vanish from FAR

MATTHEW WAI  |  FRIDAY, 10 APR 2026
... authorisation provided by the National Tax & Accountants' Association's (NTAA) Australian financial services licence (AFSL). According to Padua WealthData, there was a net decline of 88 advisers this week, 85 of which had been tied to SAN. Of ...

Concerns raised over super switching consultation

ELIZA BAVIN  |  FRIDAY, 10 APR 2026
... interests. "There's a real argument that we're going to look into in detail as to whether or not they should be covered by AFSL licences [sic] or the financial sector law in particular. And there's a good argument that given the quantum of ...