|Search Results||Showing 1 - 10 of 100+ results for "ASIC"|
|ASIC has cancelled the AFSLs of three firms, including that of former advice dealer group MyPlanner. The regulator has cancelled the Australian financial services licence of the licensee formerly known as MyPlanner Australia. The Gold Coast-based licensee ...|
|... Wealth advisers will become licensed by Interprac (which holds an AFSL within the Sequoia Group). Rainmaker analysis of the ASIC Financial Adviser Register shows a few of YBR advisers have left the industry since the sale (from 58 in December 2019 to ...|
|... Australia, SMSF Association, Institute of Public Accountants, Chartered Accountants and Certified Public Accountants - wants ASIC to offer regulatory relief so that financial advisers and accountants can better cope with the load during the COVID-19 ...|
|... Walker said. "Some clients only have a landline." There has been no relaxing of the rules as yet, though. Walker wrote to ASIC and, in a response sighted by Financial Standard , the regulator said: "In certain circumstances, there have been allowances ...|
|... money relative to the size of the fund," he said. Elia also dismissed talk of liquidity issues. Just yesterday APRA and ASIC publicised the fact they had jointly written to super fund trustees to ensure they prioritise liquidity, undertaking regular ...|
|... Bonitas and Wiechert at $530,201 and damages at $368,974, declaring they had contravened both the Corporations Act and the ASIC Act. Interestingly, Bonitas had declined to appear in court for the December 9 hearing. A letter sent from Wiechert to Rural's ...|
|... superannuation sector has been told in no uncertain terms how it should deal with the ongoing impacts of COVID-19, with ASIC and APRA directing super funds to prioritise liquidity. In a joint letter sent to all registrable superannuation entities, ASIC ...|
|... funds. Once initial investments were undertaken, "Stormified" clients were encouraged to continue investing. It was deemed by ASIC to be an unlawful managed investment scheme with which Commonwealth Bank, Macquarie Bank and Bank of Queensland were involved. ...|
|... suitable for an Intensive Corrections Order. Martin was licensed by Charter Financial Planning and then Salisbury Group. ASIC said that Martin was a "trusted" financial adviser who invested money on behalf of clients. The regulator alleged he breached ...|
|The chair of IMAP does not expect a major overhaul of the managed accounts space when ASIC's focus returns to the MDA review. Earlier this week, ASIC announced the MDA review is being put on hold , after "recalibrating" its regulatory priorities as ...|
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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