Week at a glance, 2 July

ASIC removes Macquarie licence conditions

The additional licence conditions imposed on Macquarie Bank’s AFSL, which were initially met with resistance, have been removed by ASIC.

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Link Group expands advice offering

Link Group will rebrand its financial advice business, Money Solutions, as part of an expansion of its advice offering.

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SuiteBox readies for global expansion

Virtual advice software provider SuiteBox has said it is preparing for a global expansion for early next year, with the company already in discussion with advice groups in South Africa and the UK.

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ASIC cancels Sydney firm’s AFSL

ASIC has said it cancelled the AFSL of a Sydney-based licensee for failing to comply with its reporting duties.

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Link Group teams up with Ignition Wealth on robo-advice

Link Group has announced a new partnership with robo-adviser Ignition Wealth, which will see superannuation fund members get access to online advice.

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Canadian company reaches for Australia in new acquisition

A North American financial services company has announced it will acquire advice firm Altius Associates in a move that will help the firm increase its global reach in Australia.

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AIOFP to announce two industry fund relationships

The Association of Independently Owned Financial Professionals is set to announce new advice relationships with two industry super funds.

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Spring FG to offer personal advice online

Spring FG has said it opened its new SMSF platform for pre-registrations, with the platform set to offer users scaled and personal advice online.

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