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Showing 411 - 420 of 971 results for "Registered"

Government extends FASEA deadlines

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
... Minister for Financial Services, Superannuation and Financial Technology Jane Hume announced new requirements for advisers registered on the Financial Adviser Register as of 1 January 2019. These advisers have been given an additional year - by 1 January ...

Down but not out: Top advisers adapt

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
... advisers has now plummeted from 28,650 to 25,865 - meaning 2804 have exited. In the same period, just 19 new advisers registered on the ASIC FAR. Much of the movement is attributable to large institutions culling or downsizing their wealth operations. ...

Super fund invests in disability housing

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
... South East Queensland and Victoria. The impact fund will receive equity in the properties in return. DPN Casa Capace, a registered provider with NDIS, aims to scale its disability housing model to more than 750 homes in five years and is in discussions ...

Industry not impressed with APRA

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
... regulated entities' perception of the importance of APRA's harmonisation of the prudential framework, which registered its lowest ever recorded level this year. Perceptions of several dimensions of risk assessment have also declined significantly ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
... According to Rainmaker, this implies that about one quarter of adviser FUA may be considered off-platform. The number of registered advisers fell 3% during the March quarter after growing by 12% year on year. The 3% dip is likely a reflection of advisers ...

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... representatives having now joined new licensees. ASIC recently advised clients of Spectrum Wealth Advisers and the advisers registered under Spectrum's licence that the company is seeking to cancel its licence. Spectrum reported it has stopped providing ...

Adviser association rebrands, grows membership

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
... on the back of the Life Insurance Framework and Future of Financial Advice reforms. At one point, it had over 3000 registered members and 6000 advisers on the mailing list. UFAA's committee members include: Charles Alexander Financial Services principal ...

New Bond ETF for BetaShares

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 JUL 2019
... income investment solution to the market." According to the monthly BetaShares Australian ETF Review, fixed income ETFs registered net flows of $1.16 billion in the first five months of this year - putting flows on par with international equities ETFs. ...

State Street cops $125m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUL 2019
... prejudgment interest of $69.8 million (USD48.78 million), which State Street has been returning directly to the affected registered investment companies. It will also pay a civil penalty of $57.2 million (USD40 million).

Chief economist update: Expect more of the same from the BOJ

BENJAMIN ONG  |  TUESDAY, 18 JUN 2019
... annualised rate of 2.2% in the March 2019 quarter - up from 2.1% in the initial estimate and faster than the 1.8% rate registered in the December 2018 quarter (itself revised higher from 1.6%). Although the headline numbers are worth writing home to ...