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Showing 291 - 300 of 1235 results for "licensees"

Clear up uncertainty: AFA, FPA

JAMIE WILLIAMSON  |  FRIDAY, 17 JUN 2022
... available mechanism to obtain certainty or alternatively to have a regular forum between ASIC, the associations and licensees to resolve matters of regulatory uncertainty. We would also recommend a forum to assist the compliance consulting community ...

APRA sheds light on YFYS Performance Test

CASSANDRA BALDINI  |  THURSDAY, 16 JUN 2022
... cant hold a product that fails the performance test for a second consecutive year, until a future test is passed. "RSE licensees are expected to have administrative processes in place to ensure they comply with their legislative obligation to prevent ...

Padua appoints head of technical advice

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
... expansion in the financial advice market. "We are seeing significant interest from financial planning practices and licensees for our software, services, research and data and these two new appointments are key steps in our long-term growth strategy," ...

ASIC releases estimate cost recovery levies for 2021/22

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... its latest cost recovery implementation statement, ASIC proposed a minimum levy of $1500 plus $1142 per adviser for licensees that provide personal advice to retail clients on relevant financial products. The $1500 flat per licensee charge remains unchanged ...

ASIC outlines cybersecurity expectations

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
Following on from RI Advice's Federal Court loss, the corporate regulator has laid out its expectations of licensees when it comes to cybersecurity. Just last week, in what was an Australian-first, the Federal Court found RI Advice failed its obligations ...

Federal Court rules against RI Advice in cybersecurity case

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
... to determine if any further measures are necessary. Justice Rofe said cybersecurity should be front of mind for all licensees, adding: "Cybersecurity risk forms a significant risk connected with the conduct of the business and provision of financial ...

abrdn hires from State Street

CHLOE WALKER  |  MONDAY, 2 MAY 2022
... he added. "abrdn Australia currently has a suite of over 20 separately managed account solutions for financial advice licensees and advisers to tap into, and is a core growth pillar for the Australian business," Jollie said.

Six cases brought against Westpac now finalised

JAMIE WILLIAMSON  |  FRIDAY, 22 APR 2022
... shy of 10,000 members. Another of the cases involved inadequate fee disclosure by the Westpac, Securitor and Magnitude licensees regarding the ongoing charging of contribution fees. Over eight years it's estimated at least 25,000 clients were charged ...

'No easy answer' to ESG disclosures by super fund trustees

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
... responsible ESG investment principles. On super fund trustees' ESG disclosures, the report asserted: "In our experience, RSE licensees engage with the risks from climate change in multiple ways across their investment portfolios, and in their business ...

Former ClearView executive in new role

CHLOE WALKER  |  WEDNESDAY, 13 APR 2022
... as Lifespan's national practice consultant and head of Lifespan Partnership, a broad ranging support service for self-licensees. Melbourne-based Mantineo has a financial services career spanning 30 years, much of which was spent with major financial ...