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Showing 71 - 80 of 980 results for "AFSL"

Former adviser incurs additional charges for dishonest conduct

RIDDHIMA TALWANI  |  FRIDAY, 6 MAR 2026
... (PWM) and related companies, Professional Wealth Management Services (PWMS) and Professional Wealth Investments. PWMS held an AFSL until it was cancelled by ASIC in 2023. PWM was involved in developing a technology for robotic trading across a range ...

Sequoia weighs InterPrac's fate, launches review

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
... managed investment schemes. This includes hiring former ASIC commissioner Danielle Press as independent chair of its inaugural AFSL Governance Committee. Last November, ASIC commenced civil penalty proceedings in the Federal Court against InterPrac. ...

SMSF advice requires specialist skills, professional judgement: SMSFA

KARREN VERGARA  |  THURSDAY, 19 FEB 2026
To thrive in providing SMSF advice, financial advisers must gain specialist skills, technical competencies and work on strengthening their professional judgement, according to the SMSF Association. Advisers are urged to do better particularly in the ...

ASIC reviews lead generators again, names advisers using them

JAMIE WILLIAMSON  |  WEDNESDAY, 18 FEB 2026
... is deliberately exploited by some lead generation firms that specifically structure their business so as to not require an AFSL. ASIC said it will continue to update the list of known entities as the information comes to hand, noting that some names ...

Centrepoint offloads lending solutions business

KARREN VERGARA  |  TUESDAY, 17 FEB 2026
... financial advice licence margin that Astute currently derives from Astute-aligned advisers operating under Centrepoint's AFSL," the ASX-listed firm said. The lending solutions business supports brokers and advisers with a credit licence, technology ...

ASIC cancels AFSL of Qld securities dealer

MATTHEW WAI  |  MONDAY, 16 FEB 2026
ASIC has cancelled the Australian financial services licence (AFSL) of Pulse Markets, a wholly owned subsidiary of BIR Financial, for providing incompetent financial services, including inadequate supervision of its corporate authorised representatives ...

ASIC imposes licence conditions on Cambridge Mercantile

ANGELIQUE MINAS  |  THURSDAY, 12 FEB 2026
ASIC has imposed additional conditions on the Australian financial services licence (AFSL) of Cambridge Mercantile's local branch, following ongoing compliance failures in its foreign exchange derivatives business. The Corpay subsidiary misclassified ...

FIIG Securities fined $2.5m for lengthy cyber failures

JAMIE WILLIAMSON  |  TUESDAY, 10 FEB 2026
... place." This marks the first time the Federal Court has imposed civil penalties for cyber security failures under the general AFSL obligations, which she said sets a clear expectation regarding cyber resilience. "Clients entrust licensees with sensitive ...

Aged care advice needs regulatory intervention: Research

ANGELIQUE MINAS  |  TUESDAY, 10 FEB 2026
... as Personal Financial Product Advice under the Corporations Act. This would ensure that providers are required to have an AFSL. The paper also recommends introducing financial planning specialisation categories on the ASIC Financial Advisers Register ...

Drummond steps up governance and adviser support

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026
... business with more than 14 years' experience in Australian financial services, including senior roles in financial advice, AFSL leadership, governance and compliance. Mitchell will run compliance and governance across the firm, while leading implementation ...