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Showing 81 - 88 of 88 results for "Australian Financial Services Licensee"

FPA board approves move away from commissions

COMPANY RELEASE  |  FRIDAY, 23 OCT 2009
The Financial Planning Association of Australia's board has approved the association's remuneration policy that moves its members away from a commission-based model by July 2012. The FPA received more than 250 responses to its consultation paper "Financial ...

FPA to provide PI insurance to members

MICHAEL HOBBS  |  THURSDAY, 20 MAR 2008
The Financial Planning Association (FPA) is calling for submissions to provide group indemnity insurance for its members by June this year. Jo-Anne Bloch, FPA chief executive, said prior to this action, planners would either find their own indemnity ...

Regulators fight breaches online

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
The Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC) has launched a new online breach reporting system for dual-regulated institutions. According to a joint statement released by both ...

ASIC revises regulations for AFS license holders

CHRIS NICHOLLS  |  TUESDAY, 26 JUN 2007
The Australian Securities and Investments Commission (ASIC) has released two policy updates revising the regulations around the calculation of surplus liquid funds and adjustments for underwriters dealing with statutory exposure periods. The updates ...

ASIC issues guidance on general advice warning and SOAs

The Australian Securities and Investments Commission (ASIC) has issued an example Statement of Advice (SOA) and released a proposal to reduce the repetition of advice warning for Australian financial services licensees and their representatives. The ...

ASIC bans Queensland advisor

The Australian Securities and Investments Commission (ASIC) has banned a Queensland financial advisor from providing any financial services. "ASIC's decision serves as a warning that dishonest conduct will not be tolerated and a lifetime ban will be ...

May start for new dealer group

... investors. Platinum Group has no plans to have any badged products and will operate as an Australian Financial Services Licensee. In the lead up to the commencement of business Platinum Group has appointed Colin Scott as its Victorian State Manager. ...

Guidance on SOAs from ASIC

ASIC has provided guidance on Statements of Advice (SOAs) to help Australian financial services licensees fulfil their obligations under the Corporations Act 2001. The guide is aimed at addressing both content and presentation deficiencies discovered ...