Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 71 - 80 of 118 results for "Financial product advice"

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... its obligations under financial services law. Gallop Internaitonal Australia was authorised to provide financial product advice, deal in a financial product and provide custodial or depository services to retail and wholesale clients, and make a market ...

Poor compliance sees AFSL suspended

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
... Register shows the company was previously authorised to provide a number of services including general financial product advice and custodial or depository services other than investor directed portfolio services for wholesale clients. ASIC commissioner ...

ASIC cancels suspended AFSL

EMMA RAPAPORT  |  THURSDAY, 6 APR 2017
... deputy chairman Peter Kell said. RGIB had held its AFS licence since March 2003, and provided general financial product advice. The company was also authorised to deal in general insurance products. In 2016, ASIC permanently banned the former director ...

ASIC takes Westpac to court

JAMIE WILLIAMSON  |  FRIDAY, 23 DEC 2016
... superannuation members. The regulator cites 15 cases in which it alleges WSAL and BTFM provided personal financial product advice to customers - specifically recommending clients consolidate accounts with other super funds into their Westpac-related ...

Advisers to foot $24m bill

KERRIE SYDEE  |  TUESDAY, 8 NOV 2016
... licensees relative to their larger counterparts. The paper notes that providers of digital or automated financial product advice or 'robo-advisers' will not be subject to a separate levy. The funding model is expected to be introduced in the second half ...

BTFG to combine key research divisions

ALEX BURKE  |  WEDNESDAY, 2 NOV 2016
... information on managed funds, structured investments and other products for the use of advisers who provide financial product advice through BT Advice aligned financial planning channels. This includes Securitor Financial Group, BT Select (operating ...

AMP Capital responds to ChinaAMC unitholder offer

ALEX BURKE  |  WEDNESDAY, 28 SEP 2016
... ChinaAMC, but "that request has been refused." The statement implored unitholders to seek "independent financial product advice before taking any action in relation to the offer." "In particular, unitholders should ensure that they understand the impact ...

ASIC cancels AFSL of global firm

KERRIE SYDEE  |  THURSDAY, 18 AUG 2016
... could obtain insurance cover for the services it was authorised to provide, which included providing financial product advice and dealing in financial products. Marigold Falconer had its AFSL suspended in May 2016 following the end of its professional ...

Unlicensed product adviser receives four year ban

KERRIE SYDEE  |  THURSDAY, 28 JUL 2016
... through a self-managed super fund. The court also permanently banned Park Trent from providing unlicensed financial product advice to clients regarding SMSFs. As a key decision maker of Park Trent, ASIC found Cross was knowingly involved in Park Trent's ...

AFSL cancelled for Sydney firm

KERRIE SYDEE  |  MONDAY, 4 JUL 2016
... and will take further action where licensees do not comply," Kell said. Etern Wisdom provided general financial product advice in relation to derivatives and foreign exchange contracts to Australian retail clients. The firm has the right to appeal to ...