ASIC imposes conditions on iPlan licence

From

ASIC has imposed additional conditions on the Australian financial services (AFS) licence of Queensland-based, iPlan Financial Services Pty Ltd (iPlan), after a surveillance of its advice business. ASIC’s action follows concerns iPlan entered into an agreement regarding an investment platform which created a conflict of interest. Specifically, ASIC found: iPlan may have advised clients to […]

continue reading

Removing the roadblocks to quality financial advice

From

There are numerous legal and ethical risks related to the provision of financial advice to Australian consumers, all of which may impact on the quality of financial advisory outcomes that Australians receive. The issue for many Australian financial services (AFS) licensees is the appropriate identification and management of those risks, thus removing some of the […]

continue reading