Advisers are likely to look towards self-registration with the regulator rather than a licensee model in the future, but self-licensing is not without its pitfalls, accor...

Faced with the uncertainties of COVID-19 the Australian Prudential Regulation Authority has suspended new licensing for banks, insurers and superannuation funds....

The Australian Securities and Investments Commission has released online guidance and information sheets intended to help limited Australian financial services licensees ...

AFSLs could risk breaching their compliance obligations should they choose to employ someone with a conviction or bankruptcy, and should consider the nature of the offenc...

Want an AFSL? Better be ‘fit and proper’. A Government taskforce is proposing tough new powers which would enable ASIC to refuse licensing to those it deems not to be ‘fi...

Advisers transitioning away from vertically integrated models should consider a co-operative group instead of self-licensing to avoid inherent risks. ...

Complete Financial Balance has joined the Arthur J. Gallagher group as it looks to enhance their advice and benefit proposition to SMEs....

The financial advice market is at an inflection point of various underlying business models within Australia’s licensee brands, according to Fitzpatricks Private Wealth....

A former Guardian adviser found moving to a new licensee as an authorised representative provided her with comprehensive insight into her business and ASIC’s compliance p...

A law firm has warned AFSLs and credit licence applicants can expect ASIC to take a tougher approach to assessing their applications but the exact requirements were not c...

ASIC has removed additional conditions it imposed on Macquarie Bank’s AFSL after a review by KPMG found no additional breaches to those the bank had already reported. ...

Serious structural flaws have been identified as inhibitors to accountants participating in the new limited licensing regime....

Three financial services licensees have removed the term “independent” from their website and marketing material after ASIC found they received commissions and volume-bas...

An accounting firm and a financial planning firm have joined GPS Wealth ahead of the scrapping of the accountants’ exemption on 1 July....