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Showing 481 - 490 of 1133 results for "Representatives"

Phone life insurance sales 'hawking' customers: Royal Commission

KARREN VERGARA  |  FRIDAY, 6 JUL 2018
... Sales staff were instructed to target two policy sales per day and have a dial utilisation time of 75%, meaning representatives had to be on the phone the majority of their working hours and not be "idle", Howden explained. The regulator said the deficiencies ...

Simple Fund 360 picks up AdviserLogic

HARRISON WORLEY  |  THURSDAY, 5 JUL 2018
... has a suite of software products built to assist financial advisers, licensees, brokers, corporate authorised representatives, software providers and AFSL holders to prosper." AdviserLogic chief executive Daniel Gara said the additional data now available ...

Macquarie axes grandfathered commissions

JAMIE WILLIAMSON  |  WEDNESDAY, 4 JUL 2018
... practice "as soon as reasonably practicable and to the maximum possible extent." More recently, fronting the House of Representatives Standing Committee on Economics, ASIC deputy chair Peter Kell said the regulator has not had a chance to consider an ...

Dover AFSL cancelled, McMaster exits industry

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
... honestly and fairly; comply with financial services laws; and failed to take reasonable steps to ensure that its representatives complied with financial services laws. ASIC determined certain terms of the policy were detrimental to clients and unfair ...

Qualitas creates LIT, enters retail market

DARREN SNYDER  |  FRIDAY, 29 JUN 2018
... long-term views on the equity upside in property. He confirmed the manager board of the LIT would be made up of representatives from the Qualitas advisory board. Traditionally Qualitas' investor make-up has included about two-thirds from institutional ...

ASIC not to blame for trust deficit: Shipton

JAMIE WILLIAMSON  |  TUESDAY, 26 JUN 2018
... the significant trust deficit present in Australia's financial services industry. Appearing before the House of Representatives Standing Committee on Economics in Canberra last Friday, Shipton was asked what responsibility ASIC takes for what has occurred ...

ASIC admits AMP inaction

JAMIE WILLIAMSON  |  FRIDAY, 22 JUN 2018
... the Royal Commission that AMP was allegedly attempting to mislead the regulator. Appearing before the House of Representatives Standing Committee on Economics in Canberra today, senior leaders at ASIC admitted they were not surprised by the revelations ...

ASIC issues warning over Dover advisers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JUN 2018
Advice licensees considering onboarding ex-Dover Financial Advisers' authorised representatives have been warned to ramp up due diligence processes by the corporate regulator. As the fallout from Dover's shock closure continues, ASIC has reinforced ...

Industry responds to Dover shutdown

JAMIE WILLIAMSON  |  TUESDAY, 12 JUN 2018
... and the Federal Government to extend the transition period provided to Dover Financial Advisers' authorised representatives in the wake of the dealer group's shock closure. On Friday evening it was revealed Dover would be shutting down, prohibiting ...

Instos partner with Canadian government

JAMIE WILLIAMSON  |  THURSDAY, 7 JUN 2018
... Acknowledging that no single standard or template exists for reports of this kind, an advisory committee comprising representatives of the partner institutions and outside consultants will assess efforts by various groups to adopt the Financial Stability ...