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Showing 591 - 600 of 1907 results for "licensee"

Count snaps up three former MLC firms

ELIZABETH MCARTHUR  |  THURSDAY, 1 APR 2021
... aligns closely with our own business values. There is also great comfort in being involved with a financially stable licensee that is profitable." Count chief advice officer Andrew Kennedy said the addition of these three firms to the Count network was ...

DDO to simplify general, personal advice

ANNABELLE DICKSON  |  TUESDAY, 30 MAR 2021
The outcome of the High Court decision on general advice will have an interesting and simplifying effect on the design and distribution obligations coming into effect later this year, according to a lawyer. Speaking at a Financial Services Council (FSC) ...

Morningstar releases DDO solution

ELIZABETH MCARTHUR  |  TUESDAY, 30 MAR 2021
... revealed plans to make the data available through its wider product suite including Adviser Research Centre, AdviserLogic, Licensee Dashboards, FinaMetrica and Morningstar Direct.

ASIC releases fee consent instrument

ELIZABETH MCARTHUR  |  THURSDAY, 25 MAR 2021
ASIC has released three legislative instruments to regulate advice fee consents and lack of independence disclosures, as part of the government's response to the Royal Commission. The first of the three sets the requirements that written consent from ...

AFCA left toothless on Mayfair complaints

ELIZABETH MCARTHUR  |  MONDAY, 22 MAR 2021
Mayfair 101 investors who have had their life savings frozen amid ASIC's proceedings have been left to their own devices, partly due to Mayfair not being a member of the Australian Financial Complaints Authority (AFCA). A spokesperson for AFCA told ...

Dealer group GM exits

JAMIE WILLIAMSON  |  THURSDAY, 18 MAR 2021
... confirmed Kriss' departure last week, while also confirming the role has been made redundant. Kriss originally joined the licensee in 2002, having previously worked in business development for a credit union. In a LinkedIn post, Kriss thanked IOOF and ...

Fund manager COO resigns, chair named

KARREN VERGARA  |  THURSDAY, 18 MAR 2021
... for over 17 years, starting out as an operations manager and moving on to become transactions manager and a principal licensee. Acting Cromwell chief executive Michael Wilde said Clark has played an instrumental role in Cromwell's growth and expansion ...

Banks should pay advice exit levy: TAA

ANNABELLE DICKSON  |  THURSDAY, 18 MAR 2021
... increase by the equivalent of 160% over two years. A sole practitioner will be required to pay $3926 while a retail advice licensee will be charged $1500 per licence and an additional $2426 per authorised representative. TAA is pushing for the government ...

IOOF firms abandon ship

ANNABELLE DICKSON  |  WEDNESDAY, 17 MAR 2021
... financial advice firms have joined Count Financial ahead of the MLC acquisition, with one firm saying it was seeking a licensee without "hidden agendas". Magnis Financial Planning, Glenbuckie, Aim Financial Advice and Strategic Wealth Management were ...

Quasi-mergers in APRA's sights

ELIZA BAVIN  |  WEDNESDAY, 10 MAR 2021
... being prioritised in its decision-making, or it appears that a trustee may have failed to meet its obligations under RSE licensee law, APRA is prepared to take a range of actions to safeguard members depending upon the nature of our concerns and bearing ...