Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 301 - 310 of 600 results for "Authorised Representative"

Multi-disciplinary industry trend continues: CBA

JAMIE WILLIAMSON  |  WEDNESDAY, 20 JUN 2018
... accountants could no longer provide SMSF-related services without applying for a limited AFSL or becoming an authorised representative of an existing AFSL. Interestingly, CBA's 2017 survey showed 42% of firms identified superannuation as an opportunity ...

ASIC issues warning over Dover advisers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUN 2018
Advice licensees considering onboarding ex-Dover Financial Advisers' authorised representatives have been warned to ramp up due diligence processes by the corporate regulator. As the fallout from Dover's shock closure continues, ASIC has reinforced ...

Industry responds to Dover shutdown

JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
The Association of Financial Advisers will lobby ASIC and the Federal Government to extend the transition period provided to Dover Financial Advisers' authorised representatives in the wake of the dealer group's shock closure. On Friday evening ...

ASIC looks into Melbourne planning firm

HARRISON WORLEY  |  THURSDAY, 7 JUN 2018
... ASIC added the representative at the centre of the investigations into Allied was the only external authorised representative, and is no longer with the firm. The review follows ASIC banning former AMP advisor Desmond Luplau last week from provisioning ...

Former adviser faces fraud charges

HARRISON WORLEY  |  MONDAY, 28 MAY 2018
... Jayaweera has been charged with six counts of fraud for allegedly causing detriment to clients whilst an authorised representative of Growth Plus Financial Group. Jayaweera's Brisbane court appearance is the latest step in an ongoing investigation into ...

ASIC consults on advice code monitoring bodies

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
ASIC released its consultation paper detailing proposals for approving and supervising compliance schemes for the incoming code of ethics that all financial advisers must adhere to. Under the professional standards legislation, the code of ethics developed ...

Acorns rebrands, issues prospectus

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
... 2018. Instreet Investment, which is now 100% owned by RAIZ Invest, appointed RAIZ Invest Australia as an authorised representative under its Australian Financial Services License. Since launching in 2016 in Australia, Raiz has amassed 440,000 signups ...

NAB to divest MLC

ALEX BURKE  |  THURSDAY, 3 MAY 2018
NAB plans to exit the majority of its wealth management operations, including divestment of Australia's largest retail MySuper product. While the bank will continue to service high-net-worth clients via JBWere, it is shedding the rest of its wealth ...

ROYAL COMMISSION: Our top stories

JAMIE WILLIAMSON  |  FRIDAY, 27 APR 2018
... financial planning clients who currently don't know they are the victims of improper advice provided by an authorised representative. AMP knew as early as March 2017 the husband and wife suffered inappropriate advice at the hands of the adviser it identified ...

Adviser regulation lacking a professional body, RC hears

KARREN VERGARA  |  FRIDAY, 27 APR 2018
... register. In the last two weeks, the Commission heard evidence of financial advisers whose employment or authorised representative status were terminated for allegedly engaging in misconduct. John Doyle and Chris Harris are members of the AFA. Jennifer ...