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Showing 871 - 880 of 981 results for "AFSL"

Paragem secures new planning licensee

MATT WOODINGTON  |  MONDAY, 20 JUN 2011
... financial advisory practice PWK Private Wealth Advisers has joined the Paragem Wholesale Australian Financial Services Licence (AFSL), taking the dealer group's total assets under advice to $1.3 billion. Paragem now has 13 practices under its AFSL and ...

FIA growth leads to Licensee Select

ELISE BURGESS  |  MONDAY, 23 MAY 2011
Financial Index Australia (FIA) has moved in-house services to BT Financial Group's Licensee Select for its licensee solutions, citing strong growth for the outsourcing. The change will affect FIA's ten planning firms with over 35 advisers, who will ...

Chapel Road appeal forces ASIC to show the goods

RACHEL DAVIS  |  THURSDAY, 19 MAY 2011
... with the NSW Supreme Court ordering ASIC to hand over documents relating to the investigation. Back in 2001 Chapel Road's AFSL was revoked when ASIC deemed it had breached its licencing conditions, resulting in the business failing. Chapel Road has since ...

Count morphs into super entity with new AFSL

ELISE BURGESS  |  THURSDAY, 5 MAY 2011
... platforms," said Gale at a media briefing this morning. Count will apply for an additional Australian Financial Services License (AFSL) for product and service offerings and to be the RSE for superannuation offerings through APRA. "As a result, we will ...

Trustee fury prompts SMSF compo rethink

ALISON BEVEGE  |  FRIDAY, 15 APR 2011
... decisions and they could not expect to get bailed out when things go pear-shaped. He said members had legal recourse against AFSL licensees who hold indemnity insurance.

ASIC new guidance for AFSL

ELISE BURGESS  |  MONDAY, 4 APR 2011
Holders of an Australian Financial Services Licence (AFSL) now face updated guidance including guides on margin lending facilities, simple managed investment schemes and certain superannuation products. Australian Securities and Investments Commission ...

Guardian FP eyes risk advisers

ELISE BURGESS  |  FRIDAY, 1 APR 2011
... alongside Future of Financial Advice support facilities. Over the next three years, Guardian plans to position itself as the AFSL that partners with professional financial advisers. "We are going to be really selective so we are hoping to expand by 10 ...

Rogue trader banned for four years

ALISON BEVEGE  |  FRIDAY, 25 MAR 2011
... addition to the ban on financial services, Perkin must not act as a representative of an Australian financial services licence (AFSL), pretend to represent an AFSL or even apply for an AFSL for the next four years.

Poor advice fine to reach $200k

ELISE BURGESS  |  MONDAY, 21 FEB 2011
... making a move to amend the Act to explicitly include a statutory fiduciary duty for financial advisers operating under an AFSL, requiring them to place their clients' interests ahead of their own. Under the proposed changes, the fine escalates from only ...

ASIC rules to fix disputes faster

ELISE BURGESS  |  WEDNESDAY, 16 FEB 2011
The Australian Securities and Investments Commission (ASIC) has released new regulatory guidance that will help financial planners and insurers settle simple disputes with their clients. The guidance issued today will affect financial services licensees ...