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Showing 521 - 530 of 1224 results for "Licensees"

Adviser moves show industry upheaval

ELIZABETH MCARTHUR  |  TUESDAY, 5 NOV 2019
... choosing to exit or move to other licences. In August, Financial Standard reported on the exodus from the Westpac aligned licensees. Finally, indicating the challenges facing small advice practices, a number of licences with just two advisers attached ...

Morningstar bets on advice software

KANIKA SOOD  |  MONDAY, 4 NOV 2019
... Adviser Research Centre (ARC) which offers research, data and tools and Morningstar Direct, which helps advisers or licensees construct client portfolios and monitor approved product lists. It reaches about 60% of the advisers in Australia, Wickham said ...

ASIC called out over super fund disclosures

ELIZA BAVIN  |  FRIDAY, 1 NOV 2019
... processes and disclosures," ASIC said. The portfolio holdings disclosure requires most Registrable Superannuation Entities licensees to publish information about their fund's portfolio holdings on the fund's website.

Extension for super fund portfolio disclosures

ELIZA BAVIN  |  WEDNESDAY, 30 OCT 2019
... disclosures," ASIC said. The portfolio holdings disclosure requires most Registrable Superannuation Entities (RSEs) licensees to publish information about their fund's portfolio holdings on the fund's website. "ASIC supports greater transparency about ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... on the consumer impact of Approved Product Lists (APLs) claims institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. Whistleblower ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... ongoing services to members." "The Banking Royal Commission revealed that since 2013, CFS paid financial advisers or the licensees they worked for over $400 million in commissions that were funded by charging higher fees to superannuation members," Slater ...

ASIC nudges robo-adviser to shutter

ELIZABETH MCARTHUR  |  FRIDAY, 18 OCT 2019
... human advisers - the advice must be appropriate to the client and comply with the best interests duty. "ASIC expects AFS licensees and financial advisers using or recommending digital advice tools to ensure that they adequately monitor and test the advice ...

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
ASIC will grant AFS licensees with relief from the obligation to ensure their financial advisers are covered by a compliance scheme. As part of the government's decision late last week to accelerate the establishment of a single disciplinary body for ...

BT Financial Group enlists research provider

ELIZABETH MCARTHUR  |  MONDAY, 14 OCT 2019
... with its institutional-grade capabilities and mission to empower investor success," Murphy said. "We are seeing that licensees, advisers and investors welcome the rigour, independent approach and transparency that Morningstar can bring to their managed ...

Allianz Retire+ bolsters distribution team

ELIZABETH MCARTHUR  |  THURSDAY, 10 OCT 2019
... Allianz Retire+ from Equity Trustees, where she was responsible for distributing estate planning and trustee services to licensees and financial advisers. Prior to that, Orrell had roles with Zurich Investments and BT Financial Group. Allianz Retire+ ...