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Showing 81 - 90 of 569 results for %22Australian Financial Services Licence%22

Vanguard Super appoints board

KANIKA SOOD  |  THURSDAY, 15 APR 2021
... decades of local and global experience to Vanguard Super. I am confident they will successfully lead our entry into the Australian superannuation market with a compelling offer that best serves our future members," Vanguard Australia head of superannuation ...

Goldsky director charged

ELIZABETH MCARTHUR  |  TUESDAY, 13 APR 2021
... had breached the Corporations Act by operating a financial services business without an Australian Financial Services licence. The US Securities and Exchange Commission filed a civil suit against Goldsky Asset Management and Grace in 2018 after ASIC ...

Time running out for claims licences

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
... recent reforms, insurance claims handling and settling is now a service which requires an Australian financial services licence. Licences have been required since the start of 2021, but firms have until May 7 at the very latest to get their applications ...

ASIC drops Caddick charges

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... relation to financial products or services. Caddick was also charged with not holding an Australian financial services licence when she was required to. On March 30 at Downing Centre Local Court in Sydney, ASIC withdrew all these charges. The news comes ...

ASIC bans adviser over dodgy super consolidation

ELIZABETH MCARTHUR  |  MONDAY, 15 MAR 2021
... Bhandari has been banned from providing financial services permanently. He was an authorised representative of The Australian Dealer Group, which he was also the sole director, responsible manager, and key person for. ASIC found Bhandari acted dishonestly ...

NAB swallows up neobank

ELIZA BAVIN  |  FRIDAY, 29 JAN 2021
... 2500 accredited brokers will all be under the NAB Group. In April 2020, NAB announced plans to prioritise UBank, its Australian direct banking arm. NAB said the acquisition of 86 400 will accelerate the growth of UBank by combining its customer base ...

ASIC cancels stockbroker AFSL

ANNABELLE DICKSON  |  WEDNESDAY, 13 JAN 2021
The corporate regulator has cancelled the Australian financial services licence of Halifax Investment Services nearly two years after it was placed into administration. The cancellation took effect from 8 January 2021 and allows the licence to operate ...

The barriers to limited advice: Licensees

ANNABELLE DICKSON  |  MONDAY, 11 JAN 2021
... scaled advice is open to interpretation under FASEA and ASIC's own regulation and can be reinterpreted by the Australian Financial Complaints Authority. "But any guidance that would give an adviser and the licensee more confidence that they can speak ...

Challenger to buy industry-fund-owned bank

KANIKA SOOD  |  WEDNESDAY, 23 DEC 2020
... agreement with an expected settlement date of March 2021. The transaction needs approval from the Federal Treasurer and Australian Prudential Regulation Authority. The ASX-listed company will expand MLMF's term deposit offering by replicating the investment ...

Director charged with dishonest conduct

ANNABELLE DICKSON  |  FRIDAY, 4 DEC 2020
... breached the Corporations Act by operating a financial services business without holding an Australian financial services licence (AFSL). The matter is being prosecuted by the Commonwealth Director of Public Prosecutions with each offence carrying a ...