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Showing 231 - 240 of 1132 results for "Representatives"

Advice association shutters

ELIZABETH MCARTHUR  |  TUESDAY, 27 JUL 2021
... UFAA. The UFAA's main spokesperson was its chair, Alex Vagliviello. Financial Standard reached out to former representatives of the UFAA for this story but received no response.

ASIC prepares licensees for reference checks

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
... recruiting licensees to undertake appropriate background checks beyond reference checking before authorising new representatives. "Licensees are subject to general conduct obligations which include taking steps to ensure that their representatives comply ...

ASIC releases grandfathered arrangement findings

KARREN VERGARA  |  FRIDAY, 16 JUL 2021
... January 2021 must be rebated by a product issuer to a product holder instead of being paid to an AFS licensee or its representatives. During the review period, 89 product issuers paid $760.5 million in GCR relating to 1273 products. But this amount reflects ...

Hostplus deal doesn't rule out a merger: Maritime

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... committee, Maritime Super provided some clarity into its partnership with Hostplus. In his appearance at the House of Representatives Standing Committee on E conomics yesterday Maritime Super chief executive Peter Robertson said its decision to invest ...

Dixon Advisory to pay $8.2m to settle ASIC action

KANIKA SOOD  |  FRIDAY, 9 JUL 2021
... the Corp orations Ac t on 53 occasions between 6 October 2015 and 31 May 2019 in personal advice provided by DAA representatives. EP1 will submit to improving its processes and filing with ASIC an independent review's report. ASIC has agreed to not ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
... industry fund Aware Super was grilled on the bonuses it pays executives and how it justifies them. The House of Representatives Standing Committee on Economics asked Aware chief executive Deeanne Stewart and chief investment officer Damien Graham what ...

Funds grilled despite record returns

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
AustralianSuper and Cbus faced an extremely hostile questioning from the House of Representatives Standing Committee on Economics, which at times devolved to committee members yelling over one another. AustralianSuper chief executive Ian Silk and Cbus ...

More advisers exit in June

KARREN VERGARA  |  MONDAY, 5 JUL 2021
... Financial Planning finished the financial year with 690 advisers, while The SMSF Advisers Network (SAN) had 669 representatives at the end of the period, Rainmaker modelling of ASIC's Financial Adviser Register shows. Morgans Financial (470), Synchronised ...

ASIC cancels BBY licence

KANIKA SOOD  |  TUESDAY, 29 JUN 2021
... The licence's March 2022 end date is also to ensure BBY compensates retail clients for their losses from BBY's representatives. The cancellation comes after three extensions in suspensions since the original May 2015 decision from ASIC. BBY was headquartered ...

Licensee to acquire Sentry Group

KARREN VERGARA  |  TUESDAY, 15 JUN 2021
An ASX-listed financial services firm will acquire Sentry Group for $7 million and add 155 authorised representatives to its books. WT Financial Group (WTL) announced today that upon completing the takeover, it will have some 275 financial advisers ...