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Showing 101 - 110 of 206 results for "Indemnity"

Adviser Ratings to predict licensees' quality of advice

JAMIE WILLIAMSON  |  TUESDAY, 31 JUL 2018
... as a comparable measure of quality and risk management." These ratings could also impact the pricing of professional indemnity insurance and funding terms by financiers, and the due diligence performed by industry super funds considering partnering with ...

CYBG revises Virgin Money offer

KARREN VERGARA  |  TUESDAY, 5 JUN 2018
... costs by £350 million ($642m). Under the agreement with NAB, CYBG expects to fully utilise the remaining undrawn capped indemnity amount of £148 million ($271m), bringing this balance to zero.

ANZ, NAB bottom lines take a hit

KARREN VERGARA  |  TUESDAY, 24 APR 2018
... costs by £350 million ($642m). Under the agreement with NAB, CYBG expects to fully utilise the remaining undrawn capped indemnity amount of £148 million ($271m), bringing this balance to zero. ANZ and NAB will announce half-year results on May 1 and ...

J.P. Morgan secures $3.5bn custody mandate

ALEX BURKE  |  WEDNESDAY, 13 DEC 2017
... mortgage lending insurance through its subsidiaries Genworth Financial Mortgage Insurance and Genworth Financial Mortgage Indemnity, picked J.P. Morgan due to the firm's "global capabilities, technology infrastructure and locally-based client support," ...

The PI risks of goals-based advice

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2017
... Financial advisers making the switch to goals-based advice must ensure they are adequately covered with professional indemnity insurance. That was the warning heeded by delegates at the inaugural Association of Goals Based Advice conference in Sydney ...

New consultancy bridges IFA support gap

KARREN VERGARA  |  WEDNESDAY, 1 NOV 2017
... come down, he added. One challenge that comes with exiting a subsided system and setting an AFSL is the professional indemnity cover can go from $5000 or $6000 to up to $40,000. This might sound discouraging but on the other hand, advisers won't have ...

Small licensees are PI insurance compliant: ASIC

KARREN VERGARA  |  WEDNESDAY, 30 AUG 2017
The majority of small Australian financial services licensees are meeting professional indemnity (PI) insurance obligations, according to an ASIC investigation. ASIC's review included 56 small AFS licensees with 20 or less authorised representatives ...

Spring FG to join dealer group ranks

JAMIE WILLIAMSON  |  MONDAY, 28 AUG 2017
... service offering will include basic compliance and education services, approved product list management and professional indemnity insurance cover, as well as custom solutions for advisers and brokers with more specific needs. There will also be practice ...

Funds management not up to scratch: ASIC

EMMA RAPAPORT  |  WEDNESDAY, 14 JUN 2017
... in line with a model of 'what good looks like' for the funds management sector. These include: Ensuring professional indemnity coverage is adequate for the nature, size and complexity of the responsible entity's business; Reviewing and, where necessary ...

Industry model costing good advisers

KARREN VERGARA  |  MONDAY, 3 APR 2017
... seems unfair, particularly when all advisers have already had to bear a raft of costs, including increased professional indemnity insurance premiums and costs associated with upgrading fee disclosure statements and incorporating opt-in arrangements." ...