Search Results | Showing 1 - 10 of 1071 results for "Licensees" |
| | | ... Services. Being a buyer of last resort of books of retiring planners is an important part of the SEQ offering to its licensees, but it is not a significant portion of SEQ's acquisitions. In the last two years, SEQ has only made one very small acquisition ... |
| | | | ... super funds to adequately monitor and question fee deductions from member accounts being made by financial advisers and licensees. In its review of 10 trustees, ASIC found three trustees don't perform any checks in relation to advice fee deductions ... |
| | | | ... April 2022 and March 2023, it found that 476,452 member accounts were charged $990.4 million in advice fees by 1803 licensees. It also found that some trustees have advice fee caps as high as $20,000 or 5% of a member's balance and that few trustees ... |
| | | | Financial advisers, licensees, and superannuation trustees are facing the ire of ASIC after an investigation found they are profiting from boiler room tactics that convince members to switch funds. An overwhelming number of members are goaded into leaving ... |
| | | | ... regulatory framework." The robo-advice group builds on the FSC's expansion into the advice sector by adding six licensees to its network of members. "Independent research has shown that almost four million Australians say they would be open to low-cost ... |
| | | | ... practices through Jigsaw Advice Solutions, AMP Advice's dedicated service for independent financial advisers and self-licensees. AMP group executive, advice Matt Lawler said he was excited to launch a unique entry point into managed accounts for advice ... |
| | | | The Financial Services Council (FSC) is expanding its remit into the financial advice sector by adding six licensees to its network of members. Count, Fortnum Private Wealth, Infocus, Otivo, Rhombus Advisory, and WT Financial Group have joined FSC's ... |
| | | | ... believe that JB Markets was likely to breach financial services laws. "ASIC imposes financial requirements upon AFS licensees to help ensure that they have sufficient financial resources to conduct their business in compliance with financial services ... |
| | | | ... important and the case against Macquarie has sent an important message to financial institutions and other financial service licensees that they must have appropriate controls in place. "While Macquarie implemented effective controls from January 2020 ... |
| | | | ... check every piece of advice individually and duplicate valid checks already undertaken by financial advisers and their licensees," JAWG said. "Professional advisers, superannuation trustees and advice licensees have consistently provided the government ... |
|
