FINANCIAL SERVICES LICENCE
Financial planning
FICS has reported a considerable reduction in consumer complaints against financial services providers....
Financial planning
Many accountants are unaware of what constitutes unlicensed advice, meaning they are often treading a fine line between what they can and can’t discuss, according to thei...
Financial planning
A NSW man has been sentenced to 12 months imprisonment for providing unlicensed advice....
Financial planning
The Australian Securities and Investments Commission (ASIC) is currently working on a project that aims to crackdown on people providing unlicensed financial advice....
Financial planning
The SMS Advising Group has had its Australian Financial Services Licence revoked by ASIC....
Financial planning
Gregory Clements and Neil Manning have appeared in the Perth Magistrates Court as the result of an ASIC investigation that alleged they provided financial advice without ...
Financial planning
The operators of an illegal Gold Coast managed investment scheme have been issued with a temporary injunction by the Queensland Supreme Court stopping them from carrying ...
Financial planning
Two men alleged to have sold risk insurance without holding an Australian Financial Services Licence failed to attend a scheduled Federal Court appearance in Perth yester...
Financial planning
The Investment and Financial Services Association has released a discussion paper it hopes will stimulate debate among its members and in the industry about how assumptio...
Financial planning
A number of companies connected with an unregistered management investment product are now the subject of Federal Court restraining orders following legal action by the A...
Financial planning
The outgoing chief operating officer of listed financial services education provider Tribeca, John Prowse, has set up his own fee-for-service wrap account business, and h...
Financial planning
A Brisbane man who acted as a commission agent for an investment scheme based on sunken treasure from shipwrecks has been convicted of operating a financial services busi...
Financial planning
A former Queensland financial planner has been sentenced to four and a half years imprisonment after pleading guilty to six fraud charges brought by the Australian Securi...
Financial planning
Members of corporate superannuation fund Westscheme will soon have direct access to a scaled-down version of CARM’s GPS financial planning software, recently badged by AM...
Financial planning
A former Mawson Securities authorised representative, Robert Pierre Macville, has been permanently banned from providing financial services after ASIC in June this year b...
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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...