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Showing 1151 - 1160 of 1226 results for "Licensees"

FPA to provide PI insurance to members

MICHAEL HOBBS  |  THURSDAY, 20 MAR 2008
... effective professional indemnity insurance is not just a legislative requirement for all Australian Financial Services Licensees, it is an integral part of our members' capacity to deliver professional financial advice to clients," said Bloch. According ...

Regulators fight breaches online

RUTH LIEW  |  WEDNESDAY, 12 MAR 2008
... online system to report breaches to APRA. The new system will allow APRA-regulated institutions such as superannuation licensees, life insurance companies, general insurers, friendly societies and authorised deposit-taking institution to report breaches ...

PI increase sparks debate

MICHAEL HOBBS  |  WEDNESDAY, 28 NOV 2007
... behind ASIC's proposed changes to professional indemnity (PI) insurance required by financial planners and other AFS licensees. Only this week, the Financial Industry Complaints Service, a dispute resolution firm that handles any complaints against its ...

FICS raises maximum claim to $150k

... insurance complaints will increase from $250,000 to $280,000. "There will also be implementation clauses which give licensees, who are unable to have professional indemnity insurance arrangements in place by 1 July 2008, up to six months to make the ...

ASIC to sue Westpoint

... with their obligations under the conditions of their Australian financial services licences and under the law. These licensees are Bongiorno Financial Advisors, Dukes Financial Services, Glenhurst, Masu Financial Management and Professional Investment ...

IRESS turbocharges Xplan

MICHAEL HOBBS  |  THURSDAY, 8 NOV 2007
... functionality, a CPD register has been introduced allowing advisers to record and track their course progress and provides licensees with greater reporting capabilities.

AFA sharpens technical skills

... compliance one of the key issues taking up a planner's time, Cashel will be discussing topics such as what is expected of licensees and advisers under the new compliance regime. "There are licensees and advisers who are not concerned about compliance ...

Yes to commissions, no to shelf fees

CHRIS NICHOLLS  |  WEDNESDAY, 8 AUG 2007
... advice, payment for funds management and payment for administrative services, it said interactions between advisers, licensees and super funds needed to be disclosed more clearly. It also singled out advisers needing to disclose their ownership structure ...

ASIC to update planner training guidelines

CHRIS NICHOLLS  |  WEDNESDAY, 1 AUG 2007
... the administration of our policy to facilitate flexibility in the training requirements. "We encourage all advisers, licensees and consumers with an interest in the training standards of financial product advisers to comment on the issues and proposals ...

ASIC revises regulations for AFS license holders

CHRIS NICHOLLS  |  TUESDAY, 26 JUN 2007
... 'surplus liquid funds' can now include the addition of a percentage of non-current assets for certain eligible provider AFS licensees. Changes have also been made to adjustments required of licensees who underwrite or sub-write financial products subject ...