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Showing 71 - 80 of 83 results for "ASIC Financial Adviser"

No extension to FASEA deadline

JAMIE WILLIAMSON  |  WEDNESDAY, 28 AUG 2019
... people applying to study courses relevant for financial advisers. However, recent Rainmaker analysis of the ASIC Financial Adviser Register shows close to 3000 authorised representatives have exited the industry this calendar year to date alone. Asked ...

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... licence. Spectrum reported it has stopped providing financial services. According to Rainmaker analysis of the ASIC Financial Adviser Register, there are now no advisers on Spectrum's books. Spectrum had 98 advisers under its licence in January this ...

Former Westpac adviser permanently banned

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUN 2019
... time in their life when they could not possibly rebuild their assets ahead of retiring. According to the ASIC Financial Adviser Register, Luthra was licensed by Westpac from March 2013 to April 2016. He is also a member of the Financial Planning Association ...

ASIC FAR, advice industry contract

JAMIE WILLIAMSON  |  MONDAY, 17 JUN 2019
More than 1700 financial advisers have dropped off the ASIC Financial Adviser Register in less than six months. As of this month, there are 27,108 active financial advisers in Australia, Rainmaker analysis of latest ASIC FAR data shows. At its height ...

CBA sells advice dealer group

JAMIE WILLIAMSON  |  THURSDAY, 13 JUN 2019
... relationship and existing holdings in Count Financial firms, the bank said. According to Rainmaker analysis of the ASIC Financial Adviser Register, as of this morning Count Financial is home to 351 active financial advisers. CBA will continue to support ...

Advice dealer group shutters

HARRISON WORLEY  |  FRIDAY, 31 MAY 2019
... that no further business should be carried on under the agreements. According to Rainmaker analysis of the ASIC Financial Adviser Register, as at yesterday there are 33 financial advisers on Spectrum's books. Freedom said Spectrum will support authorised ...

Hayne report raises professionalism stakes

JAMIE WILLIAMSON  |  MONDAY, 11 FEB 2019
Financial advisers could face the same rigid license registration requirements as doctors and lawyers if the Royal Commission's recommendations on compliance and further education in the industry become law. Commissioner Kenneth Hayne is calling ...

Former adviser steals $5m from clients

JAMIE WILLIAMSON  |  MONDAY, 4 FEB 2019
A former financial adviser is facing a lengthy jail term after pleading guilty to the theft of close to $5 million in client funds. Former Adelaide financial adviser James Gibbs appeared before the Adelaide Magistrates Court last Friday charged with ...

FASEA reforms see ASIC register swell

JAMIE WILLIAMSON  |  TUESDAY, 8 JAN 2019
Calls for existing financial advisers to join ASIC's Financial Advisers Register (FAR) were answered in 2018. More than 3300 names were added throughout the year. Rainmaker analysis of the ASIC Financial Advisers Register shows advisers registered ...

Code of ethics still the main game: FPA

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... first public address. The FPA's head of policy and standards also briefly spoke about some updates to the ASIC Financial Adviser Register (FAR), which were meant to come into effect from January but have been delayed until next November. He also spoke ...