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Showing 1001 - 1010 of 1224 results for "Licensees"

ASIC imposes AFSL conditions on Lionsgate

ALEX DUNNIN  |  THURSDAY, 7 MAR 2013
... independent expert to review all aspects of the licensee's arrangements for compliance with its general licensee obligations. "Licensees are responsible for the conduct of representatives that they appoint. It's very important that they have adequate ...

EQT appoints former Invesco state mgr

LAURA MILLAN  |  WEDNESDAY, 6 MAR 2013
... account manager. Grima will be responsible for maintaining and developing relationships with Queensland-based advisers and licensees. He will report to David Myers, national sales manager of Equity Trustees' funds distribution. Grima has worked in the ...

Industry bodies welcome Code of Conduct update

LAURA MILLAN  |  MONDAY, 4 MAR 2013
... the opt-in obligation is still more than two years away from applying to clients, this clarity means that advisers and licensees can focus their attention on the far more pressing issues of compliance with Fee Disclosure Statements and Conflicted Remuneration ...

New approved audit forms now available

ALEX DUNNIN  |  FRIDAY, 1 MAR 2013
... difficulty for auditors in reviewing future compliance at a time when significant new requirements take effect and many RSE licensees will be in the early stages of transitioning to updated risk management frameworks as required under SPS 220 Risk Management," ...

AFA outlines stance on conflicted remuneration

LAURA MILLAN  |  WEDNESDAY, 27 FEB 2013
... document, rather than just in a separate section. * The AFA has requested further guidance on non-monetary benefits from licensees to advisers in the context of the statement in the Revised Explanatory Memorandum that "the ban on conflicted remuneration ...

AFA mulls fresh approach to FOFA code of conduct

LAURA MILLAN  |  TUESDAY, 19 FEB 2013
... 2015, so the industry has the time to get this right," Fox said. AFA is taking into account the views of advisers and licensees before deciding if the organisation should have an ASIC approved code or a two-part code with only the part relevant to obviating ...

AMP appoints new director of Horizons

LAURA MILLAN  |  WEDNESDAY, 13 FEB 2013
... responsible for the development of the strategic plan and frameworks for advice and planner services across multiple licensees. "Over the past 10 years, Amelia has made a significant contribution to the strategic direction of AMP's advice business." ...

ASIC cancels national planning firm's license

MARK SMITH  |  THURSDAY, 7 FEB 2013
... advisers had the necessary knowledge and skills when they were appointed and failed to identify conflicts of interests. "Licensees have a general obligation to do all things necessary to ensure they provide financial services efficiently, honestly and ...

How advisers can double their business value

MARK SMITH  |  WEDNESDAY, 6 FEB 2013
... Financial advice practices are typically valued on a multiple of annual recurring revenue with many institutionally owned licensees having a 'buyer of last resort' (BOLR) benefit in place for their planners based on a pre-determined multiple of that ...

FPA grief over new fee rules

BEN COLLINS  |  FRIDAY, 25 JAN 2013
... guidance on fee disclosure. Today the corporate watchdog handed down guidelines that tell Australian financial services licensees how to follow new fee disclosure rules that are part of the Future of Financial Advice (FoFA) reforms. Brought in under ...