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Showing 71 - 80 of 118 results for "Licenses"

Planner numbers drop on FoFA changes

ALICE URIBE  |  FRIDAY, 17 MAY 2013
... story here is more likely to be as a result of some medium size advisor groups losing their Australian Financial Services Licenses (AFSL)," Rainmaker director of research Andrew Keevers said. For example AAA Financial Intelligence which had its license ...

MySuper still ontrack despite low license applications

ALEX DUNNIN, LAURA MILLAN  |  MONDAY, 25 FEB 2013
... opened on 1 January but so far the Australian Prudential Regulation Authority (APRA) has not seen the rush for the 250 licenses it was anticipating forcing them to revise down their expectaions 40% to 150. MySuper license applications have so far been ...

Co-operation key to avoiding pain from ASIC

MARK SMITH  |  THURSDAY, 21 FEB 2013
... battle, according to a law firm specialising in the area. A seemingly endless stream of enforced undertakings, cancelled licenses and investigation from the regulator has raised questions about the best way to respond to scrutiny. Dr Hillary Ray, senior ...

Anxiety over 'all-things super' takes toll on MySuper uptake

MARK SMITH  |  FRIDAY, 15 FEB 2013
... process for the low-cost no-frills products opened on 1 January but so far the industry body has not seen the rush for licenses it was anticipating. Overall, APRA now expects to receive less than 150 applications for a MySuper license, 40% down on its ...

Matthews Steer creates new wealth management arm

MARK SMITH  |  THURSDAY, 13 DEC 2012
... consolidation of accountancy and financial planning services, and the recent changes to Australian Financial Services Licenses by Minister for Financial Services & Superannuation, Bill Shorten. Steer said the wealth management division was partly inspired ...

YBR posts a $6.83m loss

LINDA HAUSKEN  |  THURSDAY, 6 SEP 2012
... assembling a comprehensive product site, delivering advice via a growing branch network. The Group reached 120 signed branch licenses by the end of June 2012. "Planned investments in the key elements of our strategy were executed throughout the year ...

Asian trustee services in demand

BEN COLLINS  |  MONDAY, 30 JUL 2012
... particularly regarding overseeing Initial Public Offerings. The Trust Company, Australia's only trustee that currently holds licenses to operate as a trustee in Australia, New Zealand and Singapore, said it expects continued strong demand for trustee ...

MMADX appoints new executive director

LINDA HAUSKEN  |  MONDAY, 7 MAY 2012
... MMADX will commence trading money market securities and repurchase agreements once it has received and the appropriate licenses, and expects to launch a full-service electronic debt market in Australia in H2 2012.

ASIC cancels two financial services licences

CLAIRE MCGREAL  |  FRIDAY, 25 NOV 2011
ASIC is continuing its crackdown of the financial services industry with the cancellation of two more licenses. Melbourne-based FP Investment Partners lost its licence for not making sure that the proper arrangements were in place for the management ...

ASIC jobs cut as responsibilities rise

ALISON BEVEGE  |  FRIDAY, 22 JUL 2011
... persuading people to comply, bringing targeted enforcement actions, on-site surveillance searches as well as removing licenses and setting license conditions. Bird said ASIC has a huge responsibility compared to other regulators around the world, doing ...