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Showing 421 - 430 of 1904 results for "licensee"

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
Suncorp is set to pay $33 million to settle a class action brought by superannuation members in 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 on behalf of Suncorp Super ...

Annual IMAP awards finalists revealed

CHLOE WALKER  |  THURSDAY, 21 JUL 2022
... equities, Australian equities small cap, international equities and multi-asset products, as well as recognising the best licensee operated offering. Kearney Group, Lonsec, Morgan Stanley Wealth Management, Russell Investments, and DNR Capital are all ...

HUB24 posts record platform inflows

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... business would continue to ensure a strong pipeline of new opportunities across all customer segments. This includes large licensee clients, brokers, boutique advice practices and self-licensed advisers. Further, HUB24's latest available strategic ...

Moore Wealth joins Count Financial

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... Financial, Moore Wealth Advisers director and financial adviser Trent Mills said the decision was largely based on choosing a licensee that offered practical support solutions. Mills said: "Count Financial is renowned for having a commercial approach ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... nature and remain an emerging risk area for many RSE licensees, APRA intends to issue draft guidance on how a prudent RSE licensee can demonstrate it has a clear understanding of ESG risks, reflects ESG considerations in the investment strategy and manages ...

Draft changes to super disclosure rules

ANDREW MCKEAN  |  MONDAY, 18 JUL 2022
The government has released for consultation, draft regulations outlining changes to disclosure requirements for superannuation annual members' meeting notices. Minister for financial services Stephen Jones' office said: "To support members ...

Victorian AR charged with providing unlicensed advice

CASSANDRA BALDINI  |  WEDNESDAY, 13 JUL 2022
... and December 2020, Bhandari was an AR of The Australian Dealer Group Pty Ltd, an Australian financial services (AFS) licensee that helped consumers find lost superannuation and consolidate their superannuation accounts. For the same period, he was also ...

Don't forget: Adviser exam deadline looms

CHLOE WALKER  |  MONDAY, 11 JUL 2022
... those advisers do not pass the July sitting, October 1 they will no longer be able to provide personal advice and their licensee will be forced to revoke their authorisation. "Financial advisers who lose their status as an existing provider will be treated ...

ASIC takes Lanterne Fund Services to court

ANDREW MCKEAN  |  THURSDAY, 7 JUL 2022
ASIC has issued civil penalty proceedings against wholesale licensee Lanterne Fund Services, saying it operated with almost no compliance staff or risk management processes. The regulator alleges that Lanterne has on multiple occasions failed to meet ...

CountPlus takes stake in WSC Group

ANDREW MCKEAN  |  TUESDAY, 5 JUL 2022
... Count Financial as part of the transaction, adding an additional three authorised representatives to the CountPlus-owned licensee. WSC Group managing director David Shaw welcomed the investment and the benefits it will bring to their clients. Shaw said ...