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Showing 341 - 350 of 1904 results for "licensee"

Finfluencers bridge financial advice gap

KARREN VERGARA  |  THURSDAY, 18 MAY 2023
... either their own AFS licence or obtaining status as an authorised rep or corporate authorised representative of an AFS licensee or Australian Credit Licensee." While this might seem like a small pool, their breadth and depth of influence is deep. James ...

Abolishing FDSs a major win: Panel

KARREN VERGARA  |  TUESDAY, 16 MAY 2023
... and then kicked off their own projects to prepare. And that's why we've ended up with some not accepting the licensee form, some of them have got a text confirmation for the client and then there's a blockchain solutions etc.... A single ...

ASIC revises IDR reporting framework

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
ASIC has further staged the implementation timeframe for internal dispute resolution data reporting. In total, 8600 financial firms will report their customer complaints data for the first time under the framework. The first group to do so comprised ...

Uptick in adviser numbers: Research

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... there are 10,315 active non-aligned advisers comprising 64% of the sector. Synchron Advice is the largest non-aligned licensee with 295 advisers and $4.2 million in funds under advice. Alliance Wealth (279), Count Financial (271), Ord Minnett (269) ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... leveraging Salesforce and offering advanced financial planning, wealth management, and broking capabilities. "As part of our licensee proposition, AMP Advice is committed to providing technology solutions that allow advice practices to deliver high quality ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... personal debts. At the time, Nugara was licensed by Financial Services Partners, a former Insignia Financial - then IOOF - licensee which was shut down in 2021. ASIC found Nugara's conduct was "deliberate, repeated and extended over several years", and ...

ASIC updates breach reporting guidelines

KARREN VERGARA  |  FRIDAY, 28 APR 2023
ASIC has updated breach reporting procedures in the hope that it can help reduce regulatory burdens for financial advisers. The corporate watchdog detailed several changes to Regulatory Guide 78 Breach reporting by AFS licensees and credit licensees ...

Equity Trustees, OnePath dominate choice heatmap failure

KARREN VERGARA  |  WEDNESDAY, 26 APR 2023
A host of Equity Trustees and OnePath options once again dominated the worst-performing and most expensive Choice products in APRA's newly published heatmap results. Of the 407 options with an eight-year return history APRA analysed, 182 or 45% ...

SMSF Association names head of membership

CHLOE WALKER  |  TUESDAY, 18 APR 2023
... demand for SMSF specialist advice," he said. "So having someone like Neil on our team, with his established adviser and licensee connections, will be invaluable in our quest to encourage more industry professionals to step up and become SMSF specialists." ...

Illegal early release of super sees director banned

CHLOE WALKER  |  TUESDAY, 18 APR 2023
Gold Coast director Darren Edden-Brown has been banned by ASIC for eight years for promoting and assisting in the illegal release of superannuation. The corporate regulator found that while sole director of home buying firm Enigma, Edden-Brown had wrongfully ...