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Showing 801 - 810 of 2080 results for "Australian Securities"

Perpetual not concerned about ACCC initial report

LAURA MILLAN  |  FRIDAY, 2 AUG 2013
... ACCC to resolve issues identified as result of market inquiries," the company said in a statement to the Australian Securities Exchange (ASX). The ACCC will issue its conclusions on September 19, 2013. But in an initial statement it said that "the proposed ...

Advice firms start to launch in post-FoFA regime

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... I first launched Apogee in the mid-90s," Handley told Financial Standard. "Now you are dealing with the Australian Securities and Investments Commission (ASIC) when you apply for the AFSL and you need to take into account all the new regulation." While ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
The Australian Securities and Investments Commission (ASIC) has proposed that financial advisers improve the way they keep their records as part of the best interest duty obligation under the Future of Financial Advice (FoFA) regulation. In Consultation ...

ASIC cancels Perth stockbroker's licence

JAMES FERNYHOUGH  |  THURSDAY, 1 AUG 2013
... Securities Pty Ltd has lost its Australian financial services licence (AFSL) over compliance issues. The Australian Securities and Investments Commission (ASIC) found Stellar Securities had failed to comply with conditions of its AFSL including its financial ...

Senior CBA exec puts blame on the bank for Storm disaster

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... role in the collapse of Storm Capital in January 2009. A document detailing an examination to Bailey by the Australian Securities and Investments Commission (ASIC) in 2009 was included in the Federal Court Class action currently running in Brisbane against ...

Financial literacy in retirement a human rights issue: AHRC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... you have to contact a different government department or other service." Meanwhile, in a submission to the Australian Securities and Investments Council (ASIC), National Seniors chief executive Michael O'Neill said that a national campaign was necessary ...

AQUA II exemptions unfairly favour ASX: FSC

JAMES FERNYHOUGH  |  WEDNESDAY, 31 JUL 2013
... their funds electronically. This, the FSC said, gives the ASX an unfair advantage. In a submission to the Australian Securities and Investments Commission (ASIC), the FSC said the relief ASIC proposes to grant the AMFS should be "provided on a competitively ...

Best Interest drives advisers away from products

LAURA MILLAN  |  MONDAY, 29 JUL 2013
... Meldrum told the audience that advisers will have to put together "a defensible advice process so if the Australian Securities and Investments Commission (ASIC) knocks at your door and asks why did you recommend a product, you can explain why." "The ...

First submissions to ASIC inquiry made public

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The first submissions to the Senate Economics Committee's inquiry into the Australian Securities and Investments Commissions (ASIC) performance have been made public. The Senate Committee has received at least four submissions and has made two of them ...

Yellow Brick Road amends staff authorisations after ASIC concerns

MARK SMITH  |  FRIDAY, 26 JUL 2013
... directly authorised more than 100 people working in its branches as credit representatives. However, the Australian Securities and Investments Commission said that the national credit licensing framework also required YBR to authorise the companies which ...