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| | | ... significantly more problematic for planners than it should be. Amongst the worst offenders, added Trapnell were institutional licensees. "They seem to forget that it's a symbiotic relationship," Trapnell said. "They need advisers as much as advisers ... |
| | | | ... The conviction of Nguyen is the first under new national consumer credit protection legislation which requires credit licensees to meet responsible lending conduct obligations. The key responsible lending obligation is that credit licensees must not ... |
| | | | ... building on its strong position in the market and leveraging new capabilities for clients," said ANZ head of aligned licensees Neil Younger in a statement. "He is a great fit for the business with a deep understanding of self-employed advisers, their ... |
| | | | ... relationship," said MLC advice and marketing executive general manager Richard Nunn. "This is a real strength for MLC and its licensees as we were the first to call for more transparency, removal of conflicted payments and a shift away from commissions ... |
| | | | ... customers value honesty and transparency above all else in an advice relationship. This is a real strength for MLC and its licensees as we were the first to call for more transparency, removal of conflicted payments and a shift away from commissions ... |
| | | | ... Priority Rule means that advisers cannot recommend strategies or products that create extra revenue for themselves or their licensees unless they can demonstrate additional benefit for the client," Wivell-Plater said. While the government is not banning ... |
| | | | Price pressure instigated by the future of financial advice (FoFA) reforms on planning licensees will be passed on to administration platforms and related services, according Centurion Market Makers' Chris Wrightson. The financial advice business broking ... |
| | | | ... 2009, will take on a role responsible for AMP's direct equity investments in financial planning practices across several licensees, reporting to Andrew Waddell. "Tim's appointment to head of ipac is testament to the outstanding job he has done in leading ... |
| | | | ... even those will survive as long as they get their models working, have proper service agreements and engage with their licensees and providers." Latto said the MySuper legislation and the impact it may have on business is a very sensitive subject for ... |
| | | | ... and AFS, note the Rainmaker report. AMP-AXA was meanwhile confirmed as the largest institutionally owned group with 12 licensees and 3,128 planners, followed by Commbank/CFS with 1,832 adviser and NAB/MLC with 1,602 advisers. AMP-AXA is now so dominant ... |
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