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Showing 201 - 210 of 1233 results for "licensees"

Insignia's managed account FUM swells

STAFF WRITER  |  MONDAY, 23 OCT 2023
... needs," Oliver said. "We will continue to grow our offering over the next 12 months in response to increasing demand from licensees for tailored services to meet varying client needs." This month Expand Extra will enable third-party MDA operators to ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
... making changes to its reportable situations regime, which includes extending the reporting deadline for some breaches. Licensees will now have 90 days to submit a reportable situation instead of 30 days in situations that have "underlying circumstances ...

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... Friendly Society. This was soon followed by plans to transform the advice business, consolidating all self-employed licensees into one brand to be owned by the advisers via a new equity model, while Godrey Pembroke was to be completely divested and a ...

Vista acquires second practice

KARREN VERGARA  |  MONDAY, 9 OCT 2023
... said. In April, Vista finalised its acquisition of Master Your Money Now, which was founded by Chris Carlin. "Changing licensees is always challenging [but] we've overall found it to be a very good experience and clients have found it to be business ...

Licensees shun remediation obligations: ASIC

KARREN VERGARA  |  TUESDAY, 26 SEP 2023
Many large licensees are failing to proactively remediate clients in a fair and timely manner, operating under a framework that lacks appropriate oversight and accountability. ASIC measured large licensees against standards in Regulatory Guide 277 Consumer ...

NextGen Financial Group forced into liquidation

KARREN VERGARA  |  MONDAY, 25 SEP 2023
... indirectly liable for debts of the company, including AFCA determinations. "Directors, officers, and responsible managers of licensees may also be exposed to regulatory action by ASIC, including banning orders." Nutley added that this case shows ignoring ...

ASIC cracks down on CFDs, OTC derivatives

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... issuers to comply with the design and distribution obligations. There are currently over 60 Australian financial services licensees that offer complex, high-risk OTC derivatives to retail clients in the form of CFDs, crypto derivatives, options, and ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... requiring improvement in APRA's 2021 unlisted asset valuation thematic review. Valuation methodologies applied by RSE licensees were consistent with their respective valuation policies and RSE licensee practices and policies were broadly in line with ...

IMAP names annual award winners

JAMIE WILLIAMSON  |  MONDAY, 28 AUG 2023
... Licensee Category and Boutique Licensee Category recognise the breadth of use of managed accounts. Evaluation of the licensees this year was enhanced with analysis of each portfolio using the BlackRock Aladdin risk and factor tools."

Platform comparison fintech launches

KARREN VERGARA  |  TUESDAY, 22 AUG 2023
... that might be more important for advisers to consider when recommending products, he told Financial Standard. "Large licensees typically have the time, money, and resources to run deep due diligence into financial products. SuitabilityHub provides all ...