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Showing 71 - 80 of 139 results for "Australian Financial Services License"

Research houses to blame for advice catastrophes: AIOFP

LAURA MILLAN  |  FRIDAY, 9 MAY 2014
... with the distribution of product and its quality." The AIOFP represents over 90 independent Australian financial services license (AFSL) holders. Read all Financial Standard coverage of the Murray inquiry here

TPB releases tax advice definition in YouTube video

LAURA MILLAN  |  MONDAY, 14 APR 2014
The Tax Practitioners Board (TPB) has listed in a YouTube video the five requirements that advisers need to meet to comply with the definition of tax advisers. In a video uploaded to the TPB's YouTube channel last week, the organisation's chair Ian ...

ASIC eyes fee for service funding model

LAURA MILLAN  |  TUESDAY, 8 APR 2014
The Australian Securities and Investments Commission (ASIC) asked the Financial System Inquiry (FSI) to consider changing the regulator's funding model to one partly based on fee for service. In a submission to the Murray inquiry, ASIC proposed to charge ...

Actuate rebrands, now SFG Alliance Services

LAURA MILLAN  |  TUESDAY, 18 MAR 2014
... continues to consolidate its brands. SFG Alliance Services provides services for non-aligned Australian financial services license (AFSL) partners. "Sharpened branding will make SFG Alliance Services more recognisable to those businesses," head of SFG ...

PIS could face class action over "inadequate" advice

LAURA MILLAN  |  THURSDAY, 29 AUG 2013
Slater & Gordon are considering a class action against Professional Investment Services (PIS) after retail investors face losses from the collapse of a Queensland olive farm investment scheme. Over 350 Australians had ploughed approximately $25 million ...

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 ...

COIN mulls Revex acquisition

LAURA MILLAN  |  FRIDAY, 19 JUL 2013
Technology provider Rubik Financial has entered into a non-binding term sheet with Revex Solutions that contains an option for COIN to acquire Revex and a four year exclusive reseller agreement with Revex. Both parties have agreed to negotiate on an ...

MoneySmart list of unlicensed companies approaches 700

MARK SMITH  |  FRIDAY, 17 MAY 2013
... register is a good precaution to take because if you use a company that does not have an Australian Financial Services License, then you have no access to dispute resolution services," a MoneySmart spokesperson said. "If something goes wrong you have ...

Planner numbers drop on FoFA changes

ALICE URIBE  |  FRIDAY, 17 MAY 2013
Overall numbers of financial planners have dropped by 2% from a 2012 high point of 18,545 in 2012 according to recent Rainmaker research. According to the research there are currently 18,096 planners in Australia, with a loss of 450 from 2012. "On the ...

FPA grief over new fee rules

BEN COLLINS  |  FRIDAY, 25 JAN 2013
The Financial Planning Association has said it is "concerned" with a part of the Australian Securities & Investments Commission's final guidance on fee disclosure. Today the corporate watchdog handed down guidelines that tell Australian financial services ...