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Showing 521 - 530 of 1135 results for "Representatives"

CBA advice compensation bill balloons

KARREN VERGARA  |  WEDNESDAY, 24 JAN 2018
... customers affected by five former "high-risk" financial advisers, according to ASIC. CBA will review the five former representatives' advice, licenced under subsidiaries Commonwealth Financial Planning and Financial Wisdom, as part of additional conditions ...

ASIC puts corner-cutting advisers on notice

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... final warning," ASIC chair Peter Kell said. "AFS licensees have ultimate responsibility for the conduct of their representatives and need to effectively monitor and supervise their representatives." Outlining its expectations, ASIC said AFS licensees ...

Sunsuper director steps down

EMMA RAPAPORT  |  MONDAY, 8 JAN 2018
... is expected to be announced in coming months. Sunsuper's board comprises equal numbers of member and employer representatives and independent directors.

ASIC takes further action against MyPlanner

JAMIE WILLIAMSON  |  WEDNESDAY, 20 DEC 2017
... MyPlanner's AFSL's earlier this month. The regulator found that MyPlanner had failed to adequately supervise its representatives, leading to the provision of poor financial advice. Surveillance revealed some MyPlanner advisers did not make adequate inquiries ...

Spring FG acquires $200m dealer group

ALEX BURKE  |  MONDAY, 18 DEC 2017
... which would be added to the convertible note. Wealth Today was established in 2008 and has about 40 authorised representatives with an additional $9.5 million in in-force insurance premiums. The dealer group operates in Western Australia (where its head ...

ASIC widens conflicted adviser remuneration rules

ALEX BURKE  |  THURSDAY, 7 DEC 2017
... excluded when "the licensee subsequently passes on the benefit, or a portion of the benefit, to one of its authorised representatives or other representatives; or the licensee passes on the benefit, or a portion of the benefit, to an authorised representative ...

Deutsche Asset Management rebrands

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2017
... will become Deutsche AM's chair of its supervisory board, which will comprise independent members, shareholder representatives and employee representatives yet to be announced. Moreau said: "We want to unlock the full potential of Deutsche AM to facilitate ...

Salt reveals retirement hotspots

EMMA RAPAPORT  |  WEDNESDAY, 6 DEC 2017
... the sale of their home to superannuation, passed the Senate yesterday, and have been returned to the House of Representatives for a single amendment proposed by Senator Leyonhjelm to be either accepted or rejected. The initiative is estimated to have ...

Synchron adds to adviser network

KARREN VERGARA  |  WEDNESDAY, 6 DEC 2017
... network. Based in Victoria's Mornington Peninsula, Dunsford Financial Planning brings the total number of authorised representatives under the Synchron banner to 450. The firm was established in 1983 and is led by Mark Dunsford. It was previously part ...

MyPlanner enters ASIC radar

JAMIE WILLIAMSON  |  WEDNESDAY, 6 DEC 2017
... conditions on its AFSL after it was found to be providing poor financial advice and failing to adequately supervise its representatives. ASIC surveillance found there were MyPlanner advisers who did not make adequate inquiries into clients' relevant ...