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Showing 801 - 810 of 1277 results for "AFS"

Class partners with new fintech

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
Software provider Class has partnered with a new fintech firm which provides managed account and direct client portfolio services to financial advisers. The developer of Class Super and Class Portfolio has teamed up with MA Operator to enable Class ...

ASIC cancels AFSL of global firm

KERRIE SYDEE  |  THURSDAY, 18 AUG 2016
ASIC has cancelled the Australian financial services licence of an international financial services firm. Marigold Falconer International had its AFSL cancelled after ASIC was not satisfied that it could obtain insurance cover for the services it was ...

PMIIG licence cancelled

MARK SMITH  |  FRIDAY, 5 AUG 2016
... financial markets and that consumers can have confidence and trust in the financial services market. ASIC will take action when AFS licensees fail to meet their obligations," ASIC commissioner Greg Tanzer said. PMIIG has the right to appeal to the Administrative ...

Last-minute accountant AFSL applications creating ASIC backlog

ALEX BURKE  |  FRIDAY, 8 JUL 2016
... offence and significant penalties apply. "Accountants and other advisers who have not had their application for a limited AFS licence approved by ASIC need to implement contingencies until such time as their applications have been approved by ASIC."

AFSL cancelled for Sydney firm

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Sydney based financial planning firm for failing to meet a number of key obligations. ASIC cancelled Etern Wisdom's AFSL on 6 June 2016 after ASIC discovered the firm had failed ...

ASIC drops Macquarie AFSL conditions

KERRIE SYDEE  |  FRIDAY, 1 JUL 2016
ASIC has removed the additional conditions placed on Macquarie Bank's Australian financial service licence (AFSL) following KPMG's review of the company. KPMG was engaged by Macquarie in April 2016 to undertake an external expert review of the effectiveness ...

ASIC changes drive GPS Wealth growth

KERRIE SYDEE  |  THURSDAY, 30 JUN 2016
The need to hold a limited Australian financial service licence (AFSL) or be an authorised representative of a licence-holder or licensee has seen more than 60 accounting practices join GPS Wealth in the last financial year. The 60 practices including ...

ASIC cancels AFSL of liquidated firm

KERRIE SYDEE  |  WEDNESDAY, 29 JUN 2016
ASIC has cancelled the Australian financial services licence (AFSL) of a Queensland based financial services firm. The cancellation was made at Avamode Financial's request, after the company was placed into liquidation on 4 May 2016. The AFSL cancellation ...

Funeral bonds on the minds of advisers

DARREN SNYDER  |  MONDAY, 27 JUN 2016
... find the money for a funeral, particularly if a death is sudden or unexpected. She added the Bendigo Funeral Bond, offered by AFS, is a capital-guaranteed savings and investment plan that solely accumulates funds towards the cost of one's funeral expenses. ...

ASIC warns SMSF accountants to have backup plan

KERRIE SYDEE  |  WEDNESDAY, 8 JUN 2016
ASIC has warned SMSF accountants to prepare for a contingency if their limited Australian financial services (AFS) licences are not regulator approved by 30 June. Accountants who lodged their applications after 1 March 2016 face a "significant risk" ...