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

Search Results

Showing 371 - 380 of 1223 results for "Licensees"

Government opens consultation on key advice reforms

JAMIE WILLIAMSON  |  MONDAY, 19 APR 2021
... annual registration system for advisers, though does not confirm the fee that will apply to the annual process. All licensees will be able to register existing advisers from 1 January 2022 and have until 1 January 2023 to ensure all advisers are registered. ...

Delay breach reporting law: AFA

KARREN VERGARA  |  FRIDAY, 16 APR 2021
... ASIC Enforcement Review Taskforce, which pushed for self-reporting of contraventions by financial services and credit licensees should be carried into effect.

Risk advice most sought-after among Kiwis

KARREN VERGARA  |  THURSDAY, 15 APR 2021
... advisers in total and 12,287 nominated representatives. There are 3004 advice practices, of which 1807 are approved licensees and 1197 authorised bodies. Over half of advice providers are based in Auckland, followed by Canterbury. FMA director of market ...

ClearView adds advice growth role

ANNABELLE DICKSON  |  THURSDAY, 15 APR 2021
... "There is a lot of movement in the market at the moment with many advisers exploring their options including switching licensees or gaining their own AFSL," he said. "ClearView is in a unique position because it has the ability to continuously invest ...

Research reveals true value of advice

KARREN VERGARA  |  WEDNESDAY, 7 APR 2021
... outweighs the costs," the report found. IOOF chief advice officer Darren Whereat said: "Australian financial services licensees must commit to supporting and helping advisers deliver advice to clients in an efficient way that not only makes advice practice ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 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, Hodge said the financial services industry is ...

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
... advice fees as part of an ongoing fee arrangement. The second means ASIC will require Australian financial services licensees or authorised representatives to provide clients with disclosures on lack of independence where they would breach section 923A ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
... Brody said AFCA could still hear some complaints about Mayfair, if investors were advised into Mayfair products through licensees that are AFCA members. But he acknowledged there is still an access to justice problem for consumers - one that can probably ...

Dealer group GM exits

JAMIE WILLIAMSON  |  THURSDAY, 18 MAR 2021
IOOF has confirmed the role of general manager of alliances and distribution for one of its major licensees has been made redundant. Jason Kriss was general manager of alliances and distribution at Bridges Financial Services, a role he held for some ...

APRA calls out poor group insurance practices

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... concerned that, in some cases, the pricing on which tenders are being won by insurers, whilst initially attractive to RSE licensees, may prove to be unsustainable, and therefore likely to lead to significant increases in premiums at the end of premium ...