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Showing 321 - 330 of 1223 results for "Licensees"

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 ...

APRA to mandate independent certifications

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... insurance as recommended by the financial services Royal Commission. In a letter to registrable superannuation entity licensees, APRA clarified its position on Commissioner Hayne's Recommendation 4.14. Hayne's recommendation affects all RSEs that engage ...

Morningstar hires new research business head

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 SEP 2021
... Gower. "Rick brings over 20 years' experience in advice, with a deep understanding of the needs of advisers and licensees, and a passion for empowering adviser and investor success," Morningstar head of product and client solutions Graham Dixon said. ...

FSC suggests CSLR improvements

KARREN VERGARA  |  MONDAY, 20 SEP 2021
... financial crisis, are considered. The FSC therefore recommends that ASIC introduces minimum capital requirements for advice licensees and takes proactive oversight of professional indemnity insurance (PI) held by licensees. FSC chief executive Sally ...

ASIC prepares advisers for DDO

KARREN VERGARA  |  FRIDAY, 17 SEP 2021
... information that enables it to monitor the appropriateness of the TMD and their product governance arrangements. "While advice licensees and financial advisers are exempt from meeting the reasonable steps obligation when providing personal advice, they ...

ASIC provides licensing update

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... approved 458 new AFSLs and ACLs, compared to 394 last year. ASIC also approved 537 variation applications by existing licensees (the same as last year). The regulator also reported 797 additional regulatory outcomes for AFSLs and ACLs, including the ...

DDO nil-reporting rule scrapped

KARREN VERGARA  |  THURSDAY, 16 SEP 2021
... pleased that the requirement for nil reporting for DDO has been removed". "This would have been a huge workload for licensees and would have disproportionately impacted those small licensees with broad Approved Product Lists. The implementation of DDO ...

Breach reporting guidance released

KARREN VERGARA  |  WEDNESDAY, 8 SEP 2021
... with the notify, investigate and remediate obligations sets out further guidance on how Australian financial services licensees can meet their obligations, set to commence on October 1. ASIC explains how advisers must notify affected clients of a reportable ...

Advice group adds to leadership

JAMIE WILLIAMSON  |  THURSDAY, 2 SEP 2021
The former general manager of private wealth at Wilsons Advisory will lead one of Easton Investments' licensees in a newly created role. Tara Ross has been appointed head of GPS Wealth, effective September 13. Ross will join from Wilsons Advisory where ...

Iress integrates DDO with Xplan

ANNABELLE DICKSON  |  MONDAY, 30 AUG 2021
... three key features: TMD storage, a messaging solution to facilitate distributor and issuer contact and information for licensees and advisers by providing TMDs to them and their clients. Further to this, the financial services software company announced ...