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Showing 251 - 260 of 1133 results for "Representatives"

FirstChoice dominates platform market

KARREN VERGARA  |  THURSDAY, 29 APR 2021
... the highest number of advisers of 173 but lost 164. AMP Financial Planning lost 389 advisers but added 50 new representatives.

Advisers to go forth with claims handling

ANNABELLE DICKSON  |  MONDAY, 26 APR 2021
... Anderson said. As such, the regulation provides an exemption for individually licensed advisers and authorised representatives, which should meet the needs of small advice firms. "Whilst the regulation does not specifically refer to staff members of ...

Former Aon Hewitt adviser banned

ELIZABETH MCARTHUR  |  TUESDAY, 20 APR 2021
... June 2020 close to $3 million was remediated to 1266 Aon smartMonday members after two third-party authorised representatives failed to comply with the Stronger Super reforms. This instance was cited as a case study in the Royal Commission. Under the ...

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... recommendation that in order to help protect consumers, AFSL holders must follow breach-reporting regulations when representatives engage in misconduct. Hayne recommended that significant breaches and investigations relating to suspected breaches must ...

Risk advice most sought-after among Kiwis

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... managed funds, which drew 32% respectively. New Zealand has 10,736 financial advisers in total and 12,287 nominated representatives. There are 3004 advice practices, of which 1807 are approved licensees and 1197 authorised bodies. Over half of advice ...

Fidelity Investments to hire 1000 advisers

KARREN VERGARA  |  TUESDAY, 13 APR 2021
... into 2021," she wrote on LinkedIn. Some 4000 staffers will be added company-wide. The positions include licensed representatives, technologists and customer service workers. Hiring technology experts is in response to a nearly 60% year-over-year increase ...

First Super hires from Cbus

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
... First Super, with great confidence that she will be a significant contributor to our fund." First Super added representatives for the paper and timber industries, Dean Brakell and Anthony Pavey, to its board at the start of 2021. There have not been ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... ongoing fee arrangement. The second means ASIC will require Australian financial services licensees or authorised representatives to provide clients with disclosures on lack of independence where they would breach section 923A of the Corporations Act ...

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
... firm to maintain a minimum of three equivalent full-time compliance staff and appoint any corporate authorised representatives until 31 December 2022; and provide ASIC with an attestation from a senior executive within AxiCorp. The latter means that ...

Remediation services profiting from Royal Commission failures

ELIZABETH MCARTHUR  |  THURSDAY, 11 MAR 2021
... complainants to use the services of such a representative in making a complaint to AFCA. However, these fee-charging representatives are frequent users of our service for certain types of complaints, and so we expect a higher standard from these services," ...