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Showing 1 - 10 of 600 results for "Authorised Representative"

Centrepoint completes $3m client book acquisition

VINNY VUCAGO  |  THURSDAY, 2 JUL 2026
... advice footprint through targeted acquisitions, complementing its broader network of self employed and authorised representative advisers. FAM operates as Centrepoint's employed adviser business, providing comprehensive financial planning services while ...

ASIC slaps adviser with 10-year ban, strips AFSL

MATTHEW WAI  |  FRIDAY, 19 JUN 2026
... review of ASIC's decision, with a hearing date for a review on the decision not yet set. Newbound was an authorised representative of Freedom Wealth Services until 17 June 2026, and a credit representative and the key person on its AFSL and ACL until ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
ASIC has named 19 additional entities involved in superannuation lead generation activities as part of an ongoing review into business models that may encourage consumers to switch super funds unnecessarily or inappropriately. The regulator updated ...

Capstone joins forces with PictureWealth to form $22bn FUA planning network

MICHELLE BALTAZAR  |  WEDNESDAY, 17 JUN 2026
PictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice. Prior to the announcement, PictureWealth Group was ...

Perfect regulatory certainty in digital economy not 'realistic': ASIC

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
... was raised with us that others may wish to bring themselves into the regime by becoming a corporate authorised representative.... we're going to reissue the no-action letter, including a couple of other scenarios and methods by which a firm can bring ...

ASIC moves to strengthen defences against financial scams

VINNY VUCAGO  |  WEDNESDAY, 17 JUN 2026
... through its Moneysmart service since late 2023 have involved the impersonation of an ASIC licensee, authorised representative or registered company. Consumers can search the PRS using a firm's name, ABN, ACN or AFS licence number and compare website ...

ASIC secures record $300m penalty over 'egregious' CFD misconduct

VINNY VUCAGO  |  MONDAY, 15 JUN 2026
The Federal Court has imposed record penalties totalling more than $300 million against collapsed contracts for difference (CFD) issuer Union Standard International Group and two of its former authorised representatives. ASIC described the court action ...

Former Brite Advisors responsible manager banned

VINNY VUCAGO  |  WEDNESDAY, 10 JUN 2026
... several roles with Brite Advisors over a number of years, including responsible manager from July 2017, authorised representative from December 2020 to April 2025, financial adviser from December 2020 to December 2021, and consultant between July 2022 ...

Small pocket of failed measures can 'blow the entire business': Anderson

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... Further, Australian Financial Complaints Authority (AFCA) senior ombudsman Nick Battaerd added he's seen an authorised representative, who was also an adviser, selling non-existent products but it was the licensee who was penalised as an outcome. "There's ...

ASIC bans property wealth coach operating without licence

RIDDHIMA TALWANI  |  MONDAY, 11 MAY 2026
... invested the finances raised across 27 projects. Between November 2024 and August 2025, Giumelli was an authorised representative of Wicklow Fund Services. He has also been an authorised representative of Wholesale Securities since October 2025. ASIC ...
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