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Showing 931 - 940 of 1224 results for "Licensees"

ASIC cracks down on advisers over PI insurance

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
... services (AFS) licenses that did not comply with professional indemnity (PI) insurance obligations. The review targeted licensees which had not requested a release of a security bond required to be lodged with ASIC under a previous licensing regime. ...

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 ...

Licensee under ASIC scrutiny after employing AAA advisers

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... training of representatives and respond to failures identified during the licensee's audit process. "We would expect licensees who take on representatives previously authorised under licensees that have been the subject of ASIC action to be especially ...

ASIC cancels 8 AFSLs after review

LAURA MILLAN  |  TUESDAY, 22 JUL 2014
... financial services (AFS) licenses cancelled after an Australian Securities and Investments Commission (ASIC) review into licensees that failed to lodge audited annual statement. The review has resulted in the cancellation and suspension of the following ...

Cormann tables adviser register to "weed out bad apples"

LAURA MILLAN  |  THURSDAY, 17 JUL 2014
... each adviser's credentials and status in the industry. It will also look at whether reporting obligations are placed on licensees or advisers, who is responsible for providing information and input of data and potential privacy issues. The announcement ...

CBA unveils tougher adviser standards

LAURA MILLAN  |  MONDAY, 14 JUL 2014
... damaged the industry's reputation. As the first signs of change continue, the amount of transformation that advisers and licensees will need to go through to overcome the community's mistrust is yet to be seen. For the full story, download the July 14 ...

YBR set to acquire mortgage manager RESI

MARK SMITH  |  WEDNESDAY, 9 JUL 2014
... relative strengths of the YBR, Vow and Resi brands and businesses will combine to provide Resi franchisees, YBR Branch licensees and Vow brokers with unparalleled opportunities to build revenues and market position as we progress our strategy to be a ...

TPB open for TASA registration from today

LAURA MILLAN  |  TUESDAY, 1 JUL 2014
... Board (TPB) to comply with the Tax Agent Services Act 2009 (TASA). The TPB has sent all Australian financial services licensees (AFSL) instructions and login details to access the online notification form to register themselves and their authorised representatives. ...

ASIC changes depend on the government: Medcraft

LAURA MILLAN  |  FRIDAY, 27 JUN 2014
... financial planners." In this context, "we need consumers to take care when dealing with a financial adviser and we need that licensees supervise their financial planners." "The industry as a whole needs to lift its game, that's very clear from this inquiry," ...

MDA provider makes debut on ASX

LAURA MILLAN  |  WEDNESDAY, 25 JUN 2014
... operates and administers managed account solutions for financial advice firms in Australia, Australian financial services licensees (AFSL) and fund managers. The company was previously known as Investment Administration Services.