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Showing 751 - 760 of 1277 results for "AFS"

Poor compliance sees AFSL suspended

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
Failure to fulfill key compliance and reporting obligations has resulted in the suspension of an AFSL by ASIC. As part of its ongoing efforts to improve standards across the financial services industry, the regulator suspended the licence of Australia ...

InFocus restructures to support growth

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2017
A period of substantial growth will see InFocus welcome a raft of new additions to a restructured leadership team. Taking on the role of general manager, financial advice is former head of wealth management for Heritage Bank Richard Herbst. Having also ...

PayLogic signs new AFSL client

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2017
An independent advice dealer group is the latest to partner with AdviserLogic, now using its PayLogic software. Advisers licensed through InterPrac Financial Planning will now have access to the revenue management software, expanding AdviserLogic's ...

ASIC bans company director

JAMIE WILLIAMSON  |  FRIDAY, 21 APR 2017
... years after an ASIC investigation found he knowingly engaged in conduct likely to mislead during his time as a director of AFS Capital Securities, which he commenced on 8 April 2010. The investigation focused on Hu's conduct while the firm was lead-managing ...

Advice dealer group hires state manager

KARREN VERGARA  |  THURSDAY, 20 APR 2017
An advice dealer group is welcoming a former AMP advice manager to head its Queensland business as part of the boutique firm's expansion strategy. Joining Evermore Money Management as Queensland state manager is Chris Chetham. The firm said Chetham ...

ClearView slams APL standard

KARREN VERGARA  |  TUESDAY, 18 APR 2017
... standards or research house ratings. ClearView will petition the government for mandated open life insurance APLs for all AFS licensees and is preparing a formal submission in response to the FSC's draft standards.

FSC launches draft APL standard for risk advice

ALEX BURKE  |  THURSDAY, 13 APR 2017
The FSC is debuting its draft life insurer approved product list standard, the final version of which will become mandatory for all members. The goal of the FSC's APL standard is to increase competition among life insurers and reduce potential conflicts ...

Advisers to be judged by peers

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2017
Whether or not individuals in financial services should be banned for misconduct may be decided by their peers, with ASIC calling on the industry to consult on the establishment of a new panel. The proposed Financial Services Panel would provide the ...

ASIC cancels responsible entity AFSL

EMMA RAPAPORT  |  WEDNESDAY, 12 APR 2017
The Australian Securities and Investment Commission cancelled the AFSL of a responsible entity for failing to comply with a number of its key obligations as a financial services licensee. The company, DD&D Securities, is the responsible entity for Dwyers ...

ASIC cancels suspended AFSL

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
... auditor's reports for the financial years ending 30 June 2014, and 30 June 2015. Rural & General Insurance Broking's (RGIB ) AFS licence was initially suspended by ASIC for six months in October 2016, for its failure to meet its obligations to lodge ...