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Showing 211 - 220 of 1221 results for "Licensees"

Farewell Michael Harrison

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2023
... founder Don Trapnell said: "With his help, we transformed Synchron into one of the largest non-institutionally owned licensees in the country and a preferred dealer group for both younger advisers and our traditional network of older advisers." "He was ...

AMP fined $24m for charging deceased customers

KARREN VERGARA  |  FRIDAY, 19 MAY 2023
... Justice Hespe found that all four subsidiaries contravened their overarching obligations as Australian financial services licensees to act efficiently, honestly and fairly. It was during the 2018 Hayne Royal Commission that the egregious conduct came ...

Abolishing FDSs a major win: Panel

KARREN VERGARA  |  TUESDAY, 16 MAY 2023
... Anderson moderated. According to Tangelo Advice Consulting director and principal consultant Conrad Travers, many advice licensees continue to grapple with providing accurate FDSs. Currently, half of licensees have external agreements in place, while ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
... analysis and communication ahead of publication. "We reached a significant milestone early in 2023 when the first group of licensees reported IDR data to ASIC... Importantly those firms account for the large majority of consumer complaints made through ...

Uptick in adviser numbers: Research

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... (241), Fortnum Private Wealth (213), Shaw and Partners (174), and Infocus Securities (172) make up the top 10 non-aligned licensees. Insignia continues to be the largest financial advice brand with 1326 advisers. AMP comes in second place with 989 advisers. ...

ASIC updates breach reporting guidelines

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... for financial advisers. The corporate watchdog detailed several changes to Regulatory Guide 78 Breach reporting by AFS licensees and credit licensees, following consultation from the likes of super funds, financial advisers, banks and insurance firms ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
... a greater tendency to have investment options that underperformed relative to investment benchmarks, Cole said. "RSE licensees must be able to demonstrate the value of their product offerings (including services and features) and that fees charged are ...

SMSF Association names head of membership

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... growth and building bi-lateral and multi-lateral strategic alliances and partnerships with finance industry corporates, licensees, and advice businesses. In addition to BT, Sparks brings previous experience as a former head of financial planning at BankSA ...

Illegal early release of super sees director banned

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... the Equitibanx Australian Trust (Equitibanx). From 2019 to 2021, he was also a director and ultimate shareholder of licensees, Consolidated Mercantile Group Ltd (CMG), Wentworth Financial Services Pty Ltd (Wentworth) and Search Finance Pty Ltd (Search ...

ASIC cans Binance AFSL

KARREN VERGARA  |  TUESDAY, 11 APR 2023
... how Binance classified retail and wholesale clients. ASIC chair Joe Longo said it is "critically important that AFS licensees classify retail and wholesale clients in accordance with the law". "Retail clients trading in crypto derivatives are afforded ...