FINANCIAL SERVICES LICENCE
Superannuation
Accountants could face fines of up to $220,000 if they provide misleading advice on self-managed super funds....
Accounting
A Sydney accountant who operated a financial services business without a licence appeared in court yesterday on seven charges resulting from an investigation by the Austr...
Financial planning
Financial planners providing tax advice have come under the spotlight of the Australian Securities and Investments Commission who released new guidance today to ensure pr...
Financial planning
The Australian Securities and Investment Commission has worked looming conflict of interest legislation into its licensing regime by updating two of its licensing guides....
Financial planning
A former managing director of a Sydney financial services company has been jailed for seven years for making false statements to investors and covering up losses they had...
Financial planning
MMC Asset Management has provided an enforceable undertaking to the Australian Securities and Investments Commission (ASIC) following an investigation into unsolicited of...
Financial planning
The Commonwealth Bank of Australia claims to now have a full spectrum of advice offerings with the “soft launch” of its new dealer initiative to go ahead once a licence f...
Financial planning
Three agents of offshore internet currency exchange businesses have been shut down by the Australian Securities and Investments Commission after they were found to be ill...
Financial planning
DKN Financial Group has linked up with BT Financial Group to offer a new investment platform to its network of advisers....
Financial planning
The founder of a Gold Coast-based firm responsible for running a series of wealth creation seminars has consented to orders in the Supreme Court of Queensland that preven...
Financial planning
National Australia Bank has provided the Australian Securities and Investments Commission with an enforceable undertaking to improve key systems and controls in its finan...
Financial planning
Melbourne-based financial planning firm Halifax Partners has sold its client-base to a risk advice group operating under Perth dealer firm, Wealthsure, after the Australi...
Financial planning
A collection of firms and individuals promoting the trading of options with claims of returns of “60 to 180 per cent” and that investors attending seminars would find it ...
Financial planning
Financial planners who do not hold an Australian Financial Services Licence will be hit with heavy fines and may even face imprisonment if they are caught out in a new Au...
Financial planning
Just when you think you understand how to comply with the terms of your Australian Financial Services Licence, Batch 8 dollar disclosure arrives, writes Paula Zammit....
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MARKET INSIGHTS
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...