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Showing 71 - 80 of 151 results for "Australian Financial Services License"

Ignition Wealth appoints inaugural chairman

LAURA MILLAN  |  FRIDAY, 21 AUG 2015
... Meurer. Ignition Wealth recently became the first local robo-advice firm to be granted an Australian financial services license (AFSL) ahead of its planned September launch. The company's online advice service is built on its white-labeled financial ...

ASIC financial services enforcements down 10%

ALEX BURKE  |  THURSDAY, 6 AUG 2015
ASIC's actions against the financial services industry have decreased by 10% in the first half of 2015, from 90 in the previous six months to 81. Referencing the compensation programs underway at Macquarie and CBA, ASIC noted in its half-yearly enforcement ...

Macquarie pays $11m advice compensation so far

LAURA MILLAN  |  THURSDAY, 23 JUL 2015
... comprehensive within the industry because it went back to March 2, 2004, when MPW obtained its Australian financial services license (AFSL). The EU finished in February 2015, with ASIC saying that "while there have been substantial improvements in MEL's ...

IFAs to benefit from ASIC SME focus

ALEX BURKE  |  FRIDAY, 17 JUL 2015
ASIC commissioner Greg Tanzer has highlighted the regulator's expanding role in the SME registration space. Speaking at the National Council of Small Business Australia Conference in Sydney, Tanzer noted that small businesses, with fewer than 20 employees ...

ASIC developing regulatory guide for advice remediation

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
ASIC has announced it is developing a regulatory guide for advice remediation programs for Australian financial services licensees. The regulator has participated in numerous advice review programs for major financial advice institutions, most notably ...

AdviserLogic launches licensee-to-adviser tech tool

STAFF WRITER  |  WEDNESDAY, 21 JAN 2015
Software provider AdviserLogic has launched a tool to connect licensees and advisers more efficiently. The new services include a Licensee Console that allows advisers to create content, update it and automatically make it available to their planners' ...

UK advice giant deVere enters Australia

MARK SMITH  |  THURSDAY, 30 OCT 2014
... being facilitated by the recent acquisition of Meridian Financial Pty Limited, which has an Australian Financial Services License. "Meridian Financial's existing clients will continue to receive top level service and advice and will now also be able ...

Arthur's back. Wait, no he's not

COLIN BRINSDEN, AAP ECONOMICS CORRESPONDENT  |  FRIDAY, 24 OCT 2014
The Abbott government's announcement of an improved register for the beleaguered practitioners was marred by an embarrassing blunder. Treasury was forced to issue a rare apology after mistakenly making the announcement under the name of suspended frontbencher ...

Funding for the government's adviser register unclear

LAURA MILLAN  |  FRIDAY, 24 OCT 2014
How the public register of financial advisers will be funded remains unclear, with the government saying that the money will come via a $5 hike in the annual lodgement fee for Australian Financial Services (AFS) licensees. A statement from Minister ...

Fortnum completes ANZ buy-out

ALICE URIBE  |  WEDNESDAY, 6 AUG 2014
Fortnum has become of Australia's largest independently-owned Australian Financial Services Licensees after completing a multi-million dollar deal to buy-out ANZ's 20% stake in the company. Fortnum's management, staff and financial advisers raised the ...