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Showing 491 - 500 of 1906 results for "licensee"

Licensee chair steps down

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
The founder and chair of a licensee will step down from executive duties at the end of the year. Fortnum Private Wealth announced that Ray Miles will retire but will continue serving as non-executive chair. He will provide counsel to the board and leadership ...

Centrepoint partners with Iress

KARREN VERGARA  |  WEDNESDAY, 10 NOV 2021
Two Centrepoint Alliance subsidiaries have adopted Iress' advice fee consent solution. Matrix Planning Solutions and ClearView Financial Advice will be able to capture fee consent for ongoing service fee agreements via Xplan. They join Colonial ...

MLC Life expands retail distribution leadership

JAMIE WILLIAMSON  |  TUESDAY, 9 NOV 2021
Two senior appointments have been made to the life insurer's retail distribution team as part of its increased focus on supporting financial advisers. MLC Life has appointed a head of retail distribution governance and key accounts as well as a senior ...

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
... circumstances in which the ROA needs to be given to the client, and whether a new SOA is needed when an adviser changes licensee. "This is the first of ASIC's initiatives developed in response to the financial advice industry's recent feedback on our ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... to provide advice that prioritises their client's interests ahead of their own interests and/or the interests of their licensee," ASIC said in a statement. "The banning of Mr McDermott is part of ASIC's ongoing efforts to improve standards across the ...

Adviser exits continue, industry recruits 50

KARREN VERGARA  |  TUESDAY, 2 NOV 2021
... sector netted a 5.2% loss of 653 advisers. During the September quarter, 595 advisers applied to be registered with a licensee while 778 ceased registrations. Overall, AMP Financial Planning (653) has the highest number of advisers, followed by the SMSF ...

Newcastle advice firm joins Count Financial

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... constantly changing compliance landscape, we knew partnering with a reputable firm whose primary focus is to provide a licensee service, was the right decision for our clients," Lusher said. Samson said Count Financial was highly recommended among Serendipity's ...

Unlisted asset valuation processes largely inadequate: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 27 OCT 2021
... for adjustments and no framework when it came to the alteration of valuation adjustments. Inconsistent levels of RSE licensee consideration and action for different classes of unlisted assets were also identified. It also found that often a fund's board ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
... members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing expenditure, it found instances of failure to actually measure and assess the benefits of expenditure on marketing ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
... conflicted remuneration," ASIC said. Both men were knowingly concerned in, or party to, breaches by Freedom Insurance of its licensee obligations arising from its breaches of the conflicted remuneration provisions. ASIC deputy chair Sarah Court said ...