Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW
Search ResultsShowing 1 - 10 of 100+ results for "AFSL"
Derivatives issuer cops $75m penalty
ELIZA BAVIN  |  MONDAY, 19 OCT 2020
... AGM be higher than that for OTM and Ozifin, reflecting the failure by AGM to discharge its obligations as the holder of an AFSL," Justice Beach said. "Such a penalty will stand as a deterrent to other AFSL holders, particularly those who are participants ...
A new model is coming: Licensees
ELIZABETH MCARTHUR  |  THURSDAY, 15 OCT 2020
At the Association of Financial Advisers' Conference, a panel of licensee executives agreed that the advice industry will be pushed towards a new model in the coming years. The panel, facilitated by CoreData founder and principal Andrew Inwood, saw ...
Another MLC advice firm exits group
KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... Queensland-based Designing Financial Solutions (DFS), led by principal and financial planner Kevin Redfearn, is now operating under the AFSL of independent group FYG Planners, which has over $3 billion in funds under management. DFS was licensed with ...
Lifespan adds MDAs to BT Panorama
KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... our support service for existing self-licensees and those advice businesses wanting to transition to their own individual AFSL," Ardino said. Lifespan said it has offered MDA solutions for over 15 years. It currently has $250 million in MDA services ...
ASIC provides relief to Victorian advisers
ALLY SELBY  |  TUESDAY, 22 SEP 2020
The corporate watchdog has shifted to a no-action position on fee disclosure statements and renewal notice obligations for financial advice businesses in Victoria. The no-action applies to AFS licensees and representatives where their business is solely ...
Funds services firm expands offerings
KARREN VERGARA  |  TUESDAY, 8 SEP 2020
... firm is expanding its back-office offering to include trustee, custody and escrow services. Intertrust Group has secured an AFSL that will enable it to provide additional fund services to asset managers, institutional investors and financial institutions. ...
It's not a bird or a plane; it's a new trading platform
ALLY SELBY  |  MONDAY, 7 SEP 2020
... minutes. The free account offers investors basic reporting capabilities to track their portfolios. Superhero operates under the AFSL of Sanlam Private Wealth, an investment and advisory firm from South Africa. Sanlam services high net-worth clients ...
IOOF names licensee chiefs, acquires platform
JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... mark the next chapter in the advice business, focused on enhancing client engagement, increasing efficiency and ensuring AFSL sustainability. "The AFSL landscape is changing. We have continued to adapt and invest so that we are well positioned to deliver ...
Former adviser faces fraud charges
ALLY SELBY  |  MONDAY, 31 AUG 2020
... Refocus following an application by ASIC, restraining Gordon from carrying on a financial services business without holding an AFSL or being an authorised representative. The corporate watchdog alleges that between 2015 and 2017, Gordon withdrew a total ...
IOOF posts profit, restructures business
ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... will support advisers in their transition to another licensee." Mota said IOOF remains committed to the multi-brand, multi-AFSL business and the announced changes will benefit clients and shareholders. He said IOOF it committing to a $10 million per ...
PREVIOUS
NEXT
Link to something mbdJKQyi