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Showing 1061 - 1070 of 1224 results for "Licensees"

ASIC annual report highlights industry trends

ELISE BURGESS  |  MONDAY, 31 OCT 2011
... consumer credit regime. During the same period, there were 15,634 reports of alleged misconduct among businesses and licensees, a 17% increase on the previous year; 28% of misconduct reports were escalated for compliance, investigation or surveillance. ...

Niche and insto licensees to rule by 2020

ELISE BURGESS  |  TUESDAY, 25 OCT 2011
Medium-sized financial planning licensees will be the first to fall by the wayside as the sector restructures over the coming decade, according to a panel of advice experts speaking at the AFA national conference. The new market leaders will be both ...

ASIC suspends Far East AFSL

CLAIRE MCGREAL  |  TUESDAY, 25 OCT 2011
... conditions. ASIC also said it was not advised of these breaches by the firm. "The compliance of Australian financial services licensees with their obligations is central to the informed and confident participation of consumers in the financial services ...

MLC creates licensee relationship manager roles to support adviser network

CLAIRE MCGREAL  |  TUESDAY, 18 OCT 2011
... also provide timely information and responses to all practices within the MLC, Garvan and Apogee Financial Planning licensees, working alongside practice development managers and practice management coordinators. Greg Miller, general manger, advice solutions ...

Opus Capital offers EU olive branch to ASIC

ELISE BURGESS  |  FRIDAY, 14 OCT 2011
... commitment to hold gatekeepers to account, in particular to uphold the integrity of the financial requirements for AFS licensees that operate registered schemes," said ASIC Chairman Greg Medcraft. "The consequences of failing to meet licensee standards ...

Government confirms ban on commissions

MATT WOODINGTON  |  THURSDAY, 29 SEP 2011
... of products on general insurance and life cover outside of superannuation. The Government will ban financial services licensees from accepting volume-based shelf space fees and asset based fees to retail clients on geared funds. An asset-based fee is ...

Soft dollar ban impact potential

ELISE BURGESS  |  THURSDAY, 29 SEP 2011
... from third parties in the last year while 16% receive both financial and non-financial incentives to recommend their licensees' products. Importantly, only 7% of advisers had received cash, gifts or entertainment valued over $300 from third parties and ...

Banned adviser faces jail term

ELISE BURGESS  |  TUESDAY, 27 SEP 2011
... for his personal margin loan facility. Carll was an authorised representative of three Australian financial services licensees including Financial Wisdom, Financial Planning Services Australia and Genesys Wealth Advisers between 21 June 2004 and 20 May ...

Dealer groups compete for planners: survey

ELISE BURGESS  |  THURSDAY, 22 SEP 2011
... handling of reforms. The Midwinter 2011 Dealer Group Survey, which surveyed over 450 financial planners from over 70 licensees, found the majority of respondents (69.5%) were pleased with their dealer group's handling of the Future of Financial Advice ...

netwealth aims to plug gaps in planner needs

MATT WOODINGTON  |  MONDAY, 19 SEP 2011
... Advice reforms. netwealth said that the 'next generation' service, which went live today, would enable advisers and licensees to white label the new site and reports to promote their own brand. They can also access new features including online corporate ...