AFSL
Financial planning
The firm will acquire Count Financial from Commbank for $2.5 million....
Features
Mike Taylor writes that new research conducted by Money Management has confirmed general acceptance of the convergence of accounting and advice but only on the right term...
People & Products
ClearView’s licensee solutions subsidiary, LaVista Licensee Solutions has reported the growth in clients’ numbers which is helped by self-licensing trend....
Financial planning
The AAT has affirmed ASIC’s to ban Mark Menzies from providing financial services, after he had engaged in manipulation of the price of MINI Warrants commonly known as “M...
Policy & Regulation
The Australian Securities and Investments Commission is causing headaches for Australian Financial Services licensees by approving responsible managers despite there bein...
Financial planning
ASIC has released the final report on the Commonwealth Bank’s compliance with additional licence conditions that were imposed regarding advice compensation, written by Ko...
Policy & Regulation
Insurance claims handling should not be encumbered by the same obligations as financial advice because it would risk making it unaffordable to super fund members, accordi...
Financial planning
The Australian Securities and Investment Commission has imposed additional licence conditions on SMSF Advisers Network....
Superannuation
The Administrative Appeals Tribunal has upheld a decision to refuse Superannuation Warehouse’s application for a limited Australian financial services licence, after its ...
Financial planning
Brisbane-based financial planning firm, Futuro Financial Services has declared an end to his long-running AMP relationship....
Policy & Regulation
ASIC has imposed additional conditions on the Australian financial services licence of Kaz Capital, following concern on the adequacy and effectiveness of the company’s c...
Policy & Regulation
The Australian Securities and Investments Commission has cancelled the Australian financial services licence and credit licence of Financial Circle....
Policy & Regulation
The Federal Court has imposed a new obligation on Australian Financial Services licensees to ensure they take ‘reasonable steps’ to stay in line....
Policy & Regulation
The Australian Securities and Investments Commission has cancelled the Australian financial services licence of Direct FX Trading Pty Ltd. ...
Policy & Regulation
The investments regulator has permanently banned Vicky Bee Chin Lim, the sole director of a firm closely affiliated with Malaysia’s JJ Global Network Holdings, from provi...
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...