FINANCIAL SERVICES LICENCE

Financial planning

ASIC cancels AFSL of financial services provider unable to comply with licence conditions...

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Funds management

Listed managed fund trading service to be operational in first half of this year....

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Financial planning

Beacon head of compliance replaced after former staffer leaves to start compliance service....

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Financial planning

Former PIS boss Robbie Bennetts claims ASIC lacks an understanding of the financial services sector, is unwilling to listen and is not trusted and respected by the financ...

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Financial planning

As the big banks move their focus away from advice, financial planners will most likely return to the non-aligned space, lawyer says....

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Financial planning

Non-aligned advice can compete and grow but needs to shift focus away from asset management....

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Financial planning

The Commonwealth Bank is calling for the introduction of a financial planner passport scheme, similar to the one operating in the United States. ...

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Financial planning

Member firms of the Association of Independently Owned Financial Professionals will undergo AFSL compliance reviews to identify and remedy potential issues....

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Superannuation

A choice of licensing options now faces accountants who want to handle SMSF business, so it’s important for them and advisers that they make the appropriate choice, write...

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Financial planning

ASIC has banned a Queensland-based businessman for five years following his involvement in the deceptive marketing and selling of share trading software....

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Financial planning

A dealer group head says he lost three practices to a cheque-book in the last 18 months, but all three have expressed a wish to come back....

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Funds management

ASIC confirms GTL TradeUp has entered liquidation....

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Financial planning

Perth-based Chambers Investment Partners has had its Australian financial services licence cancelled after the company failed to obtain professional indemnity insurance a...

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Financial planning

AFSL service providers My Dealer Services and Libertas Solutions have partnered to launch a build-your-own-dealer-group type service into the market....

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Financial planning

Paul Derham draws on extensive recent research to provides tips to help financial planners sail through their next licensee compliance audit. ...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

4 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

4 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

6 months 2 weeks ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 days 19 hours ago

ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...

4 days 22 hours ago