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Showing 591 - 600 of 1224 results for "Licensees"

TAL to offer FASEA masterclass

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
... their exam, while a redesigned course structure aligned with FASEA's CPD system will also be offered. TAL head of licensees and partnerships Beau Riley, said the life insurer was aiming to support its adviser partners through the resources. "The ...

ASIC cracks down on non-compliant AFSL

JAMIE WILLIAMSON  |  MONDAY, 21 JAN 2019
... now required to engage an independent expert to make recommendations on how to improve the practice's processes. "AFS licensees are responsible for the conduct of their representatives, and ASIC expects licensees to have effective monitoring and supervision ...

AFSL to begin independent review

DARREN SNYDER  |  WEDNESDAY, 16 JAN 2019
... is necessary." The expert will then report to both ASIC and Kaz in June 2019. ASIC Commissioner Cathie Armour said: "Licensees must have an adequate and appropriate compliance framework to govern the monitoring and supervision of their representatives. ...

AFSL super options under the lens

KANIKA SOOD  |  THURSDAY, 10 JAN 2019
... sitting on the approved product lists of AFSLs. The Productivity Commission calls for all Australian Financial Services Licensees (AFSL) to "immediately" be required by the government to report to ASIC the number of superannuation products on their APLs ...

FASEA reforms see ASIC register swell

JAMIE WILLIAMSON  |  TUESDAY, 8 JAN 2019
... is also expected to occur in regards to which AFSL advisers are licensed under, with the move away from institutional licensees continuing steadily and likely to hasten as big player exit wealth management. It has been widely reported this week that ...

AFA explains stance on grandfathered commissions

DARREN SNYDER  |  FRIDAY, 21 DEC 2018
... solutions we've put forward is we need to increase the focus on this issue. "If we introduce an obligation that licensees need to report each year what percentage of practice income is made up of grandfathered commissions, then you're putting ...

FASEA finalises adviser CPD standard

HARRISON WORLEY  |  FRIDAY, 21 DEC 2018
... stakeholders when developing the standard, which included 24 submissions. FASEA included many suggestions, including licensees being able to maintain CPD records on behalf of their advisers and recognition that CPD may cover more than one knowledge area ...

ASIC cans advice business AFSL

JAMIE WILLIAMSON  |  TUESDAY, 18 DEC 2018
... came into effect on 4 December 2018 and is part of ASIC's ongoing work to improve standards across the industry. "AFS licensees are responsible for making sure that their authorised representatives are aware of their obligations. This means that licensees ...

FASEA to assess professional advice designations

JAMIE WILLIAMSON  |  THURSDAY, 13 DEC 2018
... soon as practicable, FASEA said. Separately, the SMSF Association is calling on FASEA to legislate a requirement for licensees to automatically approve CPD which is accredited or delivered by a professional association. The association is arguing that ...

APRA unveils new prudential measures

KARREN VERGARA  |  WEDNESDAY, 12 DEC 2018
... superannuation member outcomes that will take effect from 1 January 2020. Among the initiatives, the regulator will require RSE licensees of MySuper and choice products to assess, annually benchmark and evaluate their performance in delivering sound ...