Editor's Choice
Australian Unity lashed by ASIC over TMD questionnaire
Australian Unity Funds Management has been told to stop offering its Select Income Fund, with ASIC saying retail clients are unlikely to understand the questionnaire used to determine whether they would be in the target market.
More businesses fold, unpaid super recovery measure to launch
As the number of business insolvencies spike, workers will soon be able to claim unpaid superannuation owed to them by defunct employers.
NZ Super awards mandate to Northern Trust
NZ Super has awarded a mandate to Northern Trust to use its Data Warehouse Solutions offering.
Sequoia chief learns his fate at EGM
Sequoia chief executive Garry Crole has managed to hold onto his position after shareholders voted to keep him in the top spot at an extraordinary general meeting.
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Jason Huljich
JOINT CHIEF EXECUTIVE OFFICER
CENTURIA CAPITAL LIMITED
CENTURIA CAPITAL LIMITED
A single decision can change your life, and that's exactly what Centuria Capital joint chief executive Jason Huljich learned when he came to Australia in the 1990s. Eliza Bavin writes.
The continuing lack of common sense & accountability & responsibility never ceases to amaze me. Here is the Lead person for ASIC again as a prime example. If you are an authorised rep under an AFSL - the AFSL already has to ensure that you meet all of your ongoing CPD/Training & have to be fit/proper for purpose - otherwise WHY are the AFSL's licencing them in the 1st place ?
Another beautiful "handball" too about the exam - yes we are responsible for administering it, but we have nothing to do with the format or what is in it - i.e. Not My Problem !!! And Stephen Jones wants to hire an extra 8,000 public servants.
If you are an authorised representative under an AFSL and registered on the Financial Adviser Register - ASIC should simply be able to "copy and paste" the list to FCSP - this should be a "No Brainer"