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Showing 61 - 70 of 134 results for "Financial product advice"

BT cuts Wealth Connect

ALLY SELBY  |  FRIDAY, 16 OCT 2020
... platform, superannuation, investments and insurance businesses. BT's Wealth Connect team provides general financial product advice and deals in life insurance, managed funds and managed investment schemes; platforms, wraps and portfolio services ...

Evans Dixon to rebrand

KARREN VERGARA  |  MONDAY, 12 OCT 2020
... & Superannuation Services engaged in 126 breaches of best interests obligations relating to personal financial product advice it provided retail investors to invest in URF.

It's not a bird or a plane; it's a new trading platform

ALLY SELBY  |  MONDAY, 7 SEP 2020
... well as Superhero Nominees (custodian) is authorised by Sanlam to deal in financial products, provide financial product advice, and apply for, acquire, vary or dispose of financial products on behalf of another to retail and wholesale clients.

ASIC bans crypto scammer

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... as its investment scheme BitConnect Lending Platform. ASIC alleges that Bigatton provided unlicensed financial product advice and engaged in conduct which was misleading, deceptive or was likely to mislead or deceive investors. Further, ASIC found Bigatton ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
... honestly and fairly. In 2018, the Royal Commission revealed that BT and Asgard charged about 767 members for financial product advice that wasn't provided between 2001 and August 2017. From December 2017 to March 2018, Westpac remediated members ...

Former AFSL director banned

ELIZA BAVIN  |  TUESDAY, 5 MAY 2020
... Morrison failed to act in the best interests of the company's clients and is not competent to provide financial product advice. In addition, the regulator found Morrison is likely to contravene financial services law and was involved in misleading or ...

Former Spectrum Wealth, NAB advisers banned

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... clients, rather than providing financial advice. However, the regulator alleged Myers gave her clients financial product advice recommending they establish SMSFs and roll over their existing superannuation into SMSFs. "In doing so, she did not act in ...

ASIC claims to support robo-advice

ELIZABETH MCARTHUR  |  FRIDAY, 10 JAN 2020
... that the client understands the scope of the advice they are receiving. "Natural persons who provide financial product advice to retail clients are required to meet the minimum training and competence standards for advisers in Australia," ASIC then said. ...

Former NAB, Infocus advisers banned

ALLY SELBY  |  MONDAY, 2 DEC 2019
... Planners. ASIC found that Chapman "failed to gather relevant client information when providing personal financial product advice, including assessments of products that might achieve clients' objectives and needs." The regulator also found that the South ...

ASIC calls out accountants

ELIZA BAVIN  |  TUESDAY, 5 NOV 2019
... the regulator said. ASIC said there are a range of exemptions which still allow accountants to provide financial product advice that is incidental to their services without holding an AFS license, including exemptions for tax advice and for advice about ...