FINANCIAL SERVICES LICENCE
Financial planning
ASIC has started proceedings in the NSW Supreme Court against two Newcastle companies for breaches of an enforceable undertaking....
Financial planning
Sydney-based boutique financial planning firm Financial Spectrum has launched a financial planning practice start-up and training program aimed at developing advisers out...
Financial planning
Section 912A of the Corporations Act and section 47 of the National Consumer Credit Act 2009 articulate the legislative beliefs about the core standards that a financial ...
Financial planning
DKN Financial Group has reinforced that it is not concerned about the possible removal of volume rebates between platforms and dealer groups, signing a new five-year cont...
Financial planning
ASIC has issued a reminder to all margin lending providers that they need to have, or applied for, a margin lending authorisation by 30 June if they wish to continue prov...
Financial planning
QBE has settled a $2.3 million Westpoint claim as PI insurer for the liquidated Glenhurst Corporation....
Financial planning
Those advising on gearing in super will need to ensure they are licensed to deal in derivatives by the end of September under draft regulations released yesterday....
Financial planning
Two Victorian men have been charged with carrying on a financial services business without a licence, following an investigation by the Australian Securities and Investme...
Financial planning
Industry superannuation fund LUCRF Super has joined the growing list of funds providing advice under an AFSL....
Financial planning
The advice industry needs to improve its efforts in exposing rogue advisory practices if it is to avoid taking any more collective hits to its reputation....
Financial planning
Queensland man subject to charges after raising nearly $8 million from investors without holding an AFSL, and generating no documentation or returns....
Superannuation
Accounting industry bodies aren't concerned about losing their SMSF advice exemption as long as new regulations are both flexible and in the best interests of clients....
Superannuation
Accountants will no longer be able to provide advice on the establishment or closure of SMSFs without holding an Australian Financial Services Licence if reforms announce...
Financial planning
Almost one-third of financial advisers are considering switching licensees within the next five years, with a quarter of those looking to establish their own AFSL, accord...
Financial planning
Charges against two Queensland men relating to the collapse of Westpoint have been discontinued by the CDPP....
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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...