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Showing 931 - 940 of 1277 results for "AFS"

Advice insto ownership steps up post GFC

ALEX DUNNIN  |  MONDAY, 11 NOV 2013
One-quarter of financial advisers are in licensees that have changed ownership since the GFC and 80% of affected advisers have gone into advice groups owned by the big six bancassurance groups, reveals the 2013 Rainmaker Financial Planning Report. "The ...

ASIC asks for public adviser register to track "bad apples"

LAURA MILLAN  |  FRIDAY, 1 NOV 2013
... locate and take action against bad apples in the financial services industry." "We have received reports from a number of AFS licensees indicating that they have not been able to conduct proper reference checks on prospective employees because the former ...

ASIC warns consumers about NRAS property ads

MARK SMITH  |  TUESDAY, 22 OCT 2013
... that the person you are dealing with is licensed to provide financial product advice by searching ASIC's public register of AFS licensees or authorised representatives," said ASIC. "ASIC is focused on protecting consumers and where we see people recommending ...

Don't deal with Aussie Rob, ASIC warns

JAMES FERNYHOUGH  |  FRIDAY, 18 OCT 2013
... consistently be achieved through use of Lifestyle Options - Share Rental." Despite not possessing an Australian financial services (AFS) licence, ASIC said Wilson has nevertheless continued to provide trade recommendations. Wilson is due to face court ...

Chambers enters into administration, loses AFSL

LAURA MILLAN  |  FRIDAY, 4 OCT 2013
Chambers Investment Planners entered into voluntary administration and had its Australian financial services licence (AFSL) cancelled by the Australian Securities and Investments Commission (ASIC). ASIC also cancelled the Australian credit licence of ...

New adviser service speeds up dealer group creation

LAURA MILLAN  |  MONDAY, 30 SEP 2013
The growing adviser demand to operate under their own licence has prompted the partnership of two companies to assist advisers create their own dealer group. My Dealer Services and Libertas Solutions will help advisers to obtain an Australian financial ...

New SFG service launched to reposition boutiques

ALICE URIBE  |  THURSDAY, 12 SEP 2013
SFG Australia (SFGA) has launched a business-to-business offering to assist boutique Australian Financial Services Licence (AFSL) holders with back-end support. The offering from the SFGA-owned Actuate Alliance Services will provide licensee and advice ...

ASFA wary about SMSF property schemes

LAURA MILLAN  |  WEDNESDAY, 11 SEP 2013
The Association of Superannuation Funds of Australia (ASFA) is calling for mandatory Australian financial services licensing (AFSL) for all persons involved in the sale of investment products and property to self-managed super funds (SMSF). ASFA expressed ...

Asteron takes on former Aon Hewitt exec

JAMES FERNYHOUGH  |  THURSDAY, 5 SEP 2013
Life insurer Asteron Life has appointed David Plant as its new executive manager of operations and strategy implementation. Plant was previously general manager of operations at Aon Hewitt Financial Advice, where he was responsible for operations, governance ...

MDAs key to proving value of advice

JAMES FERNYHOUGH  |  FRIDAY, 30 AUG 2013
... intends to revoke these no-action letters, and bring all MDAs under formal regulation on the Australian Financial Services (AFS) Licence. It has proposed a two-year transition period.