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Showing 311 - 320 of 1222 results for "Licensees"

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
The corporate regulator released examples of Records of Advice (ROA) to provide clarity to financial advisers and licensees on their obligations when using them for clients. The information sheet, INFO 266 FAQs: Records of Advice, provides answers to ...

Adviser exits continue, industry recruits 50

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
... Consultum Financial Advisers (375). Morgans (179), Commonwealth FP (179) and Aware Financial Services (162) are the largest licensees when it comes to providing risk advice. As for the largest superannuation advice businesses, Morgans leads with 367 ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
... also found instances of chief investment officers spearheading valuation decisions. APRA said it found that, "while RSE licensees generally reacted promptly to the crisis, few had robust, pre-existing frameworks for implementing, monitoring and reverting ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... marketing expenditure impact without demonstrating specific improved outcomes for members. Going into detail, APRA said some licensees were unable to articulate the purpose of the marketing expenditure as part of annual strategic and business planning. ...

Sally Loane resigns as FSC chief

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
... to lead the FSC, representing its 111 members across superannuation funds, funds management, life insurance, advice licensees and trustee companies. "Some of the more significant challenges have included initiating life insurance's Trowbridge Review ...

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... just over a year to go until the new prudential standard takes effect, we expect banks, insurers and superannuation licensees to be preparing now to ensure they are ready to comply with the new requirements," he said. Next year, the prudential regulator ...

CFS adopts advice consent solution

KARREN VERGARA  |  THURSDAY, 14 OCT 2021
... platforms, FirstChoice and FirstWrap. CFS will shortly begin the initial six-week rollout. The solution supports advisers and licensees via a new workflow within Xplan, which is then validated and authenticated through the blockchain, and passed through ...

Copia hires from BT

ANNABELLE DICKSON  |  WEDNESDAY, 6 OCT 2021
... in distribution roles including state manager at BT Wrap and national manager, network development manager - BT Group Licensees. Black was previously a financial adviser at Davidson Financial Group and a distribution manager at Colonial First State. ...

MLC Life refreshes income protection offering

ANNABELLE DICKSON  |  WEDNESDAY, 29 SEP 2021
... Insurance is offering a new range of income protection insurance products following research from customer, adviser and licensees. Income Assure and Income Assure+ will be available from October 1 and allows most clients to have the maximum sum insured ...

Asendium partners with licensee support firm

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
Asendium has joined forces with a licensee support firm that has more than 70 AFS Licensees nationwide. My Dealer Services is using the financial advice technology firm's software to develop compliant advice. Advisers will be able to generate in-house ...