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Showing 61 - 70 of 702 results for "Financial products"

ASIC streamlines AFSL applications

JAMIE WILLIAMSON  |  MONDAY, 5 MAY 2025
... application details, eliminating the need to separately upload additional documentation and the ability to select financial products and services at a more granular level so that ASIC can better understand the financial services that applicants intend ...

Private wealth group splashes $182m on Hejaz

KARREN VERGARA  |  FRIDAY, 11 APR 2025
... (ASX: ISLM), Hejaz Property Fund (ASX: HJZP) and Hejaz Sukuk Fund (ASX: SKUK). "The demand for Sharia-compliant financial products in Australia has surged, driven by a growing population seeking alternatives to conventional finance," said Ozyon. "Hejaz's ...

New SEC chair affirmed, FCA chief reappointed

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... markets with rapid technological advancements, evolving investor expectations and the emergence of innovative financial products," Brown said. "We encourage chair Atkins and the SEC staff to update regulations and guidance to align with these advancements ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... licensees authorised a financial adviser, who gave personal advice to a retail client in relation to "relevant financial products" without being registered. ASIC said registration requirements are an "important consumer protection" because it confirms ...

ASIC told to 'end the chaos' of ASX CHESS issues

ELIZA BAVIN  |  FRIDAY, 28 MAR 2025
... intervention powers granted after the Hayne Royal Commission, including step-in powers to block poorly targeted financial products, for which ASIC was praised. "The committee was pleased to see early signs of success from ASIC's use of the new powers ...

New impact fund backs marginalised female entrepreneurs

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... added the Australian government supports this model of tackling regional development issues with "innovative financial products," though its International Development Policy and recently announced Indo-Pacific NGO Blended Finance Accelerator. "By investing ...

Tranche 2 of DBFO dumps SOAs, enables 'nudges'

JAMIE WILLIAMSON  |  FRIDAY, 21 MAR 2025
... to collectively charge for advice where it relates to the purchase or disposal of non-super assets or other financial products, holistic financial planning, and estate and tax planning advice. Finally, funds will be able to send targeted prompts to members ...

AFCA opens consultation on financial elder abuse, family violence

KARREN VERGARA  |  WEDNESDAY, 19 MAR 2025
... understanding and responding to family violence. "Dealing with issues arising from joint facilities or jointly owned financial products can be challenging, particularly where there are circumstances of family violence involved or where only one customer ...

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... trust in the financial system." Subsequently, the corporate watchdog also introduced similar legislation to financial products in October 2021, opting to provide consumers greater control in making decisions and prevent them being approached by unwanted ...

Government to scrap advisers' approved qualifications list

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... required all relevant providers to be registered before providing personal advice to retail clients about relevant financial products by 16 February 2024. Financial Advice Association Australia's Phil Anderson told Financial Standard last year that ...