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Showing 371 - 380 of 1904 results for "licensee"

Mixed outlook for paraplanning: Study

ANDREW MCKEAN  |  FRIDAY, 20 JAN 2023
... recommended the removal of the requirement to provide SoA to clients. "The SoA rules are restrictive, cumbersome, and every licensee interprets the law a different way making writing SoAs time consuming, confusing for clients, and hard to code into technology," ...

Paraplanners happy to stay put: Survey

ANDREW MCKEAN  |  THURSDAY, 19 JAN 2023
... advice process and the engagement between the financial planner and the client. They provide added value in the areas of licensee standards, regulatory compliance and technical competency. He said legally obligating CPD for paraplanners makes sense ...

HUB24 inflows slow amid challenging market dynamics

ANDREW MCKEAN  |  TUESDAY, 17 JAN 2023
HUB24 recorded $2.8 billion of platform net inflows in Q2 FY23, down 23.6% year on year. The funds platform also saw net inflows of $5.8 billion in 1H FY23, a drop of 13.6% from the previous corresponding period. In an ASX announcement, HUB24 said its ...

Adviser population dropped 17% in 2022

JAMIE WILLIAMSON  |  FRIDAY, 13 JAN 2023
... adviser exam deadline. The total number of advice licensees also fell by 11% in 2022. AMP Financial Planning is the largest licensee with 546 advisers, followed by Morgans Financial on 447, Charter Financial Planning with 339, Synchron with 327, and ...

Adviser salaries to jump in 2023: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 11 JAN 2023
... prospective employees to consider though, he said. "An issue we're seeing is around the compliance checks in relation to licensee checks. This will happen towards the end of a process where advisers check across compliance in the last five years ...

ASIC FAR to display adviser QTRP status

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
From February 1, ASIC's Financial Advisers Register (FAR) will display whether a financial adviser can provide tax (financial) advice services to retail clients. To provide tax advice services to retail clients, a financial adviser must meet certain ...

Former adviser sees ban reduced

CHLOE WALKER  |  MONDAY, 9 JAN 2023
The Administrative Appeals Tribunal (AAT) reduced the period and scope of the ban imposed on former financial adviser Ashok Sherwal. Sherwal, who was an authorised representative of six different licensees over the past seven years, was originally banned ...

SS&C launches super offering, secures Mine Super mandate

ANDREW MCKEAN  |  WEDNESDAY, 21 DEC 2022
... context of a rolling eight-year benchmark. Further, regarding the sustainability of member outcomes, Mine Super's RSE licensee AUSCOAL Superannuation had a member growth rate (3-year average) of -2.66%. Following the release of APRA heatmap data ...

Mine Super and TWUSUPER explore merger

ANDREW MCKEAN  |  FRIDAY, 16 DEC 2022
... context of Heatmap benchmarks over eight years. Pertaining to the sustainability of member outcomes, Mine Super's RSE licensee AUSCOAL Superannuation had a member growth rate (3-year average) of -2.66%. AUSCOAL Super's net cash flow ratio (3-year ...

ALRC should prioritise advice regulations: FPA

CASSANDRA BALDINI  |  THURSDAY, 8 DEC 2022
... contains duplicated requirements applying to the individual planner, either directly or via obligations placed on the licensee. Abood highlighted that both the ALRC and QAR reviews reveal duplications in the law on two levels. Those levels are: "Unnecessary ...