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Showing 11 - 20 of 1070 results for "licensees"

Majority comply with IDR reporting: ASIC

KARREN VERGARA  |  MONDAY, 18 MAR 2024
... complaints. "They go a whole year without any complaint. Unfortunately, one of the elements of this legislation is that [licensees] need to provide a report whether you've had any complaints or not. So, a lot of licensees will be doing nil reports," ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... tailoring, efficient implementation, and operation of MDA programs." "The widespread adoption of managed accounts by licensees, their advisers, and by their clients is creating efficiencies in advice practices, and benefitting from professional portfolio ...

Advice PDMs, BDMs at inflection point: Survey

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... are spread too thinly, being asked to service too many advisers, thus limiting their ability to add true value. "As licensees, product manufacturers and investment platforms think through their optimal adviser proposition for the future, it will be absolutely ...

Insight Investment Consultants rebrands

JAMIE WILLIAMSON  |  FRIDAY, 1 MAR 2024
... Genium. Murphy said it's an exciting time to be launching the offering. "We've listened to the needs of advisers and licensees in recent months and have developed a robust process and technology systems to support our new research offering that we are ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
... (Putting Members' Interests First) Act 2019 (PMIF) further mandated that Registered Superannuation Entity (RSE) licensees cannot offer insurance on an opt-out basis to members with account balances under $6000 or to new members under 25 years old. ...

ASIC waves red flag at advisers, trustees over Choice products

JAMIE WILLIAMSON  |  THURSDAY, 22 FEB 2024
An extensive review of processes across superannuation trustees, financial advisers and advice licensees has found very little evidence that consumers are aware of how poorly Choice products they're in are performing, and that such underperformance ...

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
... (APRA) has proposed changes to operational risk financial requirements for registrable superannuation entities (RSE) licensees. The prudential regulators adjustments are designed to bolster the ability of RSE licensees to mobilise financial resources ...

New chair for iExtend

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... adviser support we have built and further develop our enterprise solutions to elevate our industry-leading offering for licensees." Meanwhile, Cassidy thanked Payne for his contribution as chair. "iExtend would like to thank former iExtend chair Rodney ...

Super funds lack data for effective retirement assistance: Study

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
... that stands in the way of the industry making progress against the RIC and retirement preparation challenge. "All RSE licensees were missing data that is critical for developing an effective retirement income strategy," the audit said. "RSE licensees ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... finalise the updated SPS 515 Strategic Planning and Member Outcomes guidance in the coming months and will also review RSE licensees' self-assessments in relation to the Retirement Income Covenant and ASIC and APRA's joint report on progress of implementation ...