POWERED BY MOMENTUM MEDIA
AFSL
Financial planning
Former Secuitor practice, Experience Wealth, has gone it alone with an AFSL aimed directly at Gen X and Y clients....
Financial planning
ASIC has imposed new licence conditions on Morgans Financial Limited after it found several breach incidents over recent years. ...
Financial planning
Suncorp Life announced it will exit from its Guardian Advice and Suncorp Financial Planning businesses mid-2016, affecting the jobs of around 170 advisers....
Life/Risk
ASIC has cancelled insurance broker, Leedam’s AFSL a month after its sole director was banned from providing financial services....
Accounting
Many accountants are sitting on the hands not knowing what to do ahead of the expiry of the Accountants’ Exemption, according to one AFSL holder....
Funds management
Australian financial services licensee, Online Capital Markets, has paid $30,600 in penalties after receiving three infringement notices from ASIC for misleading online a...
Financial planning
A wholesale service provider’s AFSL has been cancelled by ASIC at the business’s request, two months after the regulator suspended it....
Life/Risk
Park Trent Properties Group has been found to have given unlawful advice to over 860 people to establish and switch funds into an SMSF....
Accounting
With less than a year to go to the end of the accountants’ exemption, another advice group has started offering accounting practices an outsourced AFSL facility....
Policy & Regulation
LSG Group’s AFSL has been cancelled by ASIC after it failed to comply with the conditions on its licence and financial services laws....
Financial planning
ASIC has cancelled the AFSL of a Western Australian insurance provider for breaches of various reporting, financial and other licensee obligations....
Financial planning
ASIC has cancelled Dunfo Capital’s AFSL after giving the firm six months to meet its legal obligations and licence conditions. ...
Financial planning
ASIC received 970 AFSL applications during the January-June period, with nine licences suspended and a further 98 cancelled....
Accounting
An Administrative Appeals Tribunal has cut two years off an accountants ban from financial services....
Accounting
The Institute of Public Accountants (IPA) has urged its members to heed ASIC’s warnings about time running out to pursue the new limited licensing regime....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...
Interesting. Would be good to know the details of the StrategyOne deal....
It’s astonishing to see the FAAA now pushing for more advisers by courting "career changers" and international recruits,...