Australian financial services license

AUSTRALIAN FINANCIAL SERVICES LICENSE

Financial planning

How many banned advisers have moved into advice management?

The Financial Planning Association wants managers of advice licensees subjected to the same reference-checking protocols as advisers in circumstances where it says it has...

Life/Risk

Insurers and claim-related parties may look to merge under one AFSL

Legislation surrounding the regulation of claims handling may have insurers and related parties look to fall under a single Australian Financial Services License to ease ...

Financial planning

Licensees face potential court action of FDS failures

The Australian Securities and Investments Commission has foreshadowed court action in the wake of a review of fee disclosure statements and renewal notices which uncovere...

Policy & Regulation

Advisers avoid ASIC enforcement spotlight

Financial advisers were notable by their absence from the Australian Securities and Investments Commission’s latest Enforcement Update....

Financial planning

Can small, self-licensed firms afford adequate PI insurance?

Professional indemnity insurance premiums are rising because fewer insurers are participating in the market and questions are being asked about whether small, self-licens...