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Showing 721 - 730 of 940 results for "AFSL"

IFAs to benefit from ASIC SME focus

ALEX BURKE  |  FRIDAY, 17 JUL 2015
ASIC commissioner Greg Tanzer has highlighted the regulator's expanding role in the SME registration space. Speaking at the National Council of Small Business Australia Conference in Sydney, Tanzer noted that small businesses, with fewer than 20 employees ...

Treasury proposes higher regulatory levies for super funds

ALEX BURKE  |  THURSDAY, 21 MAY 2015
The Treasury has issued its proposed regulatory levies for 2015/16. Under the new proposal, APRA-regulated institutions will collectively pay $117.5 million to help fund the prudential regulator, a half-percent increase on the previous financial year. ...

Barrett in buyout mode, acquires CBA firm

LAURA MILLAN  |  MONDAY, 11 MAY 2015
... caliber firm," Barrett said. EWM advisers have operated under CBA-owned Financial Wisdom Australian financial services licence (AFSL) since June 2013. Commenting on the ownership change, Cook said: "This transaction heralds a new era of growth for Eureka ...

Midwinter unveils digital advice platform

ALEX BURKE  |  FRIDAY, 8 MAY 2015
... the event an investor's situation becomes too complex for them to self-manage, the program can "escalate" the matter to the AFSL. Although it is very much an automated advice solution, Midwinter product manager, digital advice Halie Samson said she preferred ...

Advice industry faces insurance quandary

ALEX BURKE  |  MONDAY, 4 MAY 2015
... Standard, Gamma Wealth Management managing director Fraser Kahler said that during the GFC, when he set up his independent AFSL, there were about three different PI insurance providers in the marketplace. "Now there's one or two. Nobody wants to be in ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
... appointed by ASIC in November 2014 to examine CFPL and FWL compliance under the limited Australian financial services licence (AFSL) conditions that the regulator imposed on the licensees.

Fintechs issued AFSL warning

MARK SMITH  |  THURSDAY, 9 APR 2015
... technology (fintech) businesses may be unwittingly providing financial services without an Australian Financial Services Licence (AFSL) or Australian Credit Licence (ACL), putting themselves in breach of the law and opening themselves up for investigation ...

PROFILE: HESTA chief executive Debby Blakey

LAURA MILLAN  |  WEDNESDAY, 8 APR 2015
... to provide advice," Blakey says. One of the first steps was setting up HESTA's own Australian financial services licence (AFSL). Then Blakey and the team focused on coming up with the right model: "Our members' average superannuation account balance ...

Macquarie to close Risk Advice Specialists

ALEX BURKE  |  MONDAY, 23 MAR 2015
... Macquarie has confirmed it will close Risk Advice Specialists, a boutique advisory dealer group operating under the Macquarie AFSL. Financial Standard understands that the five Risk Advice Specialists planners will transition to other licensees outside ...

ASIC suspends Dunfo Capital AFSL

ALEX BURKE  |  MONDAY, 16 MAR 2015
... for the financial year ended 30 June 2014, did not meet its net tangible assets requirements and failed to comply with its AFSL's key person condition. Furthermore, it failed to notify ASIC of the above breaches within ten business days. ASIC's statement ...