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Showing 421 - 430 of 1235 results for "licensees"

ASIC opens consultation on scaled advice

ANNABELLE DICKSON  |  TUESDAY, 17 NOV 2020
... advice and whether their licensee supports the provision of scaled advice. The regulator would also like to hear from licensees to understand the extent to which demand for advice has increased or decreased and the most common topics advisers are advising ...

AMP extends life insurance APL

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 NOV 2020
... and TAL. BT and MetLife are the two new additions. And, for the first time, the APL will be consistent across all AMP licensees; AMP Financial Planning, Hillross and Charter will now have the same APL. "Our advice research team undertook a rigorous industry ...

The platforms with the most advisers

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... users and 6.5% market share. It is used by 777 AFSLs. Next up was Asgard with 5401 advisers, 6% market share and 739 licensees. The results are based on AFSL-level data collected by Rainmaker. It is estimated the average adviser uses about five different ...

Fastest-growing AFSLs in the country

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
New research from Rainmaker Information shows which licensees added the most advisers in the 12 months to September end. And which AFSLs have the biggest market share. Overall, there were 19,357 advisers attached to an AFSL at September end, down 2597 ...

IOOF appoints executive, continues growth push

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... The company said net inflows from its advice business of $110 million, excluding $450 million flow from IOOF aligned licensees to IOOF alliances. Its portfolio and estate administration saw inflows of $226 million, down from $396 million in the prior ...

HUB24 to acquire Xplore, offloads Paragem

ELIZA BAVIN  |  WEDNESDAY, 28 OCT 2020
... it said. HUB24 said the investment in Easton will position it as a leading service provider to financial advisers and licensees and secures an anchor client for the expansion of its data and technology services. "These strategic transactions are expected ...

IOOF compensation bill soars

KARREN VERGARA  |  MONDAY, 26 OCT 2020
... $197.9 million. The firm flagged in July that it uncovered an additional $80 million provision for the ex-ANZ advice licensees after it changed a methodology relating to adviser categorisation, and embedd the extra $198 million in one of its slide presentation. ...

IOOF fund operations lead departs

JAMIE WILLIAMSON  |  THURSDAY, 22 OCT 2020
... First reported by Financial Standard on September 2, the group confirmed it would be restructuring and consolidating its licensees, creating two distinct businesses. The new businesses will be led by Millennium3's Helen Blackford and RI Advice's Peter ...

Centrepoint hires recruitment lead

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... spent over four years as business growth manager, responsible for recruiting self-employed financial advisers into MLC licensees. His previous experience includes working in management roles at ING Direct, the ANZ banking group and FSP Financial Services. ...

Societe Generale fined over client breaches

ANNABELLE DICKSON  |  WEDNESDAY, 21 OCT 2020
... integrity. "The law is very clear about the uses of client money to provide certainty and transparency for clients and licensees. Breaches of these requirements are a serious compliance failure," she said.