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Showing 861 - 870 of 940 results for "AFSL"

Fund calculator rules to be relaxed

ALEX DUNNIN  |  THURSDAY, 22 OCT 2009
... provide the projections to members at the same they receive their account statements. ASIC said funds that already have an AFSL will continue to receive regulatory relief from the personal advice provisions when providing these projections. "We do not ...

Guardian appoints regional manager

COMPANY RELEASE  |  THURSDAY, 17 SEP 2009
... Victoria/Tasmania/South Australia. Browning said Townshend is experienced in practice management, and has also operated under his own AFSL. "In his role Mike will be actively working with our current advisers using practice development initiatives designed ...

Ripoll Inquiry must build on FSR progress: AFA

RUTH LIEW  |  THURSDAY, 6 AUG 2009
... includes restricting the term "financial adviser" to persons who are regulated by ASIC, duly authorised to provide advice by an AFSL, and who provide appropriate "personal" advice following consideration of a person's personal circumstances, among others. ...

PI insurers face $300m in claims

RUTH LIEW  |  THURSDAY, 30 JUL 2009
... talks to obtain dedicated cover for individual advisers. The logic behind the move is that advisers can leave a particular AFSL holder and choose to go to another they prefer, and only pay the insurance cover for their individual practice, she said. ...

EC's reforms could be fatal to hedgies

RUTH LIEW  |  TUESDAY, 28 JUL 2009
... until three years after the directive is introduced. Matching the regulatory equivalence in Australia could mean that current AFSL regulations would need to be altered to fit the EC's requirements. "This unreasonable directive will make it extremely ...

ASIC charts margin lending requirements

MICHAEL HOBBS  |  TUESDAY, 14 JUL 2009
... to advise on margin lending and also apply the financial resource requirements to Australian financial service licensees (AFSL) that deal in margin lending products. At present, Tier 1 products, that are more complex, attract advanced training requirements ...

BGL signs on to OneVue SMA

COMPANY RELEASE  |  MONDAY, 13 JUL 2009
... of BGL Corporate Solutions Pty Ltd. Services include SMSF investment and insurance, retail and corporate superannuation, AFSL licensing and financial services referral services.

ASIC lifts restrictions on intra-fund advice

MICHELLE BALTAZAR  |  FRIDAY, 10 JUL 2009
... super and other 'basic' queries that fall within the definition of intra-fund advice. However, the super fund must hold an AFSL to answer member queries and it can not give advice on switching between super funds, recommend financial products outside ...

Broker gets permanent ban from ASIC

COMPANY RELEASE  |  THURSDAY, 25 JUN 2009
ASIC has permanently banned Mark William Clough from providing financial services after conducting business without an AFSL and pocketing $43,500 of his client's funds. This follows an ASIC investigation into Clough's dealings when he operated an insurance ...

E*TRADE fee hits planners

MICHAEL HOBBS  |  MONDAY, 25 MAY 2009
... previously free. The pricing changes affect a package the firm provides to more than 200 Australian Financial Service Licence (AFSL) holders. The package includes the use of white labelled documents, access to E*TRADE Pro and a dedicated relationship ...