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Showing 1 - 10 of 18 results for "AFS"

Drummond steps up governance and adviser support

ELIZABETH FRY  |  THURSDAY, 5 FEB 2026  |  NEWS
Drummond Capital Partners is strengthening its governance and implementation functions with a senior hire, as the firm scales its adviser support platform. Cameron Mitchell joins the business with more than 14 years' experience in Australian financial ...

Picture Wealth named fastest-growing planner: report

MICHELLE BALTAZAR  |  THURSDAY, 24 JUL 2025  |  NEWS
A financial planning group that began life as a fintech start-up is enjoying a rapid growth phase. Picture Wealth Advisory leads the top 10 AFSLs with the highest number of new advisers in the year to June, based on a new financial adviser report released ...

Equity Trustees fined by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 20 JUN 2025  |  NEWS
... Mindful Money Awards. "A responsible entity must have measures in place for ensuring it complies with its obligations as an AFS licensee," ASIC deputy chair Sarah Court said. "These include having adequate governance controls and procedures to ensure ...

ASIC clarifies licensing rules for carbon market

ROSE MARY PETRASS  |  WEDNESDAY, 9 OCT 2024  |  NEWS
... firms were unsure what constitutes a financial product in the carbon market and who needs an Australian Financial Services (AFS) licence. The Australian Securities and Investments Commission (ASIC) fielded questions on licensing for tradeable carbon ...

ASIC consults on guidance for carbon markets

ROSE MARY PETRASS  |  WEDNESDAY, 8 MAY 2024  |  NEWS
... corporate regulator will update guidance for carbon market participants in relation to the Australian financial services (AFS) licensing requirements. The Australian Securities and Investments Commission (ASIC) proposed an overhaul of its regulatory ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  THURSDAY, 3 AUG 2023  |  NEWS
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

Proxy adviser reforms overturned by Senate

RACHEL ALEMBAKIS  |  THURSDAY, 10 FEB 2022  |  NEWS
The Senate has overturned proxy advice reforms announced at the end of last year, three days after the new regime had begun. On a vote of 29 votes to 25, the Senate disallowed the new regulations that were announced by Treasurer Josh Frydenberg in December ...

Proxy advisers assess impacts of government reform

RACHEL ALEMBAKIS  |  THURSDAY, 6 JAN 2022  |  NEWS
Proxy advisers are grappling with the implications of reforms announced last month, saying that the changes will introduce operational risks and could force a rethink of how they provide services. Beginning 7 February, all proxy advisers must hold a ...

UCA Funds Management supports 30% women on boards target

RACHEL ALEMBAKIS  |  WEDNESDAY, 24 FEB 2016  |  NEWS
UCA Funds Management will support the Australian Council of Superannuation Investors (ACSI)'s goal of seeing women comprise 30% of ASX200 board positions by 2018. Michael Walsh, UCA Funds Management The ethical fund manager will monitor the proportion ...

UCA Funds Management select Northern Trust

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 AUG 2015  |  NEWS
UCA Funds Management has selected Northern Trust as its custodian. Last week, UCA Funds Management announced it would complete the process to become a responsible entity (RE) and have two of their funds registered managed investment schemes this year. ...
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