Glossary

Learning Resources

Glossary

LMI College Glossary of Terms

All | # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
There are currently 29 names in this directory
Ab initio
from the beginning
ABN
Australian Business Number
AFCA

Australian Financial Complaints Authority

AFCA considers complaints that previously would have been handled by the Financial Ombudsman Service, the Credit and Investments Ombudsman and the Superannuation Complaints Tribunal. We are the dispute resolution scheme for financial services.

AFS
Australian Financial Services
AFS Licence or AFSL
Australian Financial Services Licence
APRA

Australian Prudential Regulation Authority

APRA are an independent statutory authority that supervises institutions across banking, insurance and superannuation and promotes financial system stability in Australia.

ASIC

Australian Securities and Investments Commission

ASIC is Australia's integrated corporate, markets, financial services and consumer credit regulator. ASIC is an independent Australian Government body, set up under and administer the Australian Securities and Investments Commission Act 2001 (ASIC Act).

ATO
Australian Tax Office
BI
Business Interruption
CPD
Continued Professional Development
CPI
Consumer Price Index
DDO
Design and Distribution Obligations
EDR
External Dispute Resolution
ESL
Emergency Services Levy
FSG
Financial Services Guide
FSL
Fire Service Levy
GAW
General Advice Warning
GST
Goods and Services tax
ITC
Income Tax Credit
NB
Nota Bene (Note Well)
NIBA

National Insurance Brokers Association

NIBA sets out to develop and promote high standards of professional practice for insurance brokers in Australia for the benefit of their clients and the community.

PCBU
A person conducting a business or undertaking
PDS
Product Disclosure Statement
PI
Professional Indemnity
RBA
Reserve Bank of Australia
RG
Regulation Guide
SOA
Statement of Advice
TMD
Target Market Determination
TPPD
Third Party Property Damage