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Showing 611 - 620 of 2077 results for "Apply"

PPS Mutual transforms underwriting process

ANNABELLE DICKSON  |  TUESDAY, 8 DEC 2020
Mutual life insurer PPS Mutual has removed several assessments to its medical and financial underwriting requirements to speed up the application process and benefit members. The mutual insurer has removed the "quick check medical requirement" for prospective ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... approved, whether it goes ahead is in the hands of Santos and its shareholders. Market Forces will be doing what it can to apply pressure to the super funds that are included in that, van de Pol said. "Market Forces works with super funds members and ...

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
... liquidity risk management. Until the findings from those reviews are addressed to APRA's satisfaction, Westpac will also apply a 10% add-on to the net cash outflow component of its LCR calculation. "Under APRA's liquidity requirements, banks must maintain ...

ASIC prepares industry for claims handling law

KARREN VERGARA  |  FRIDAY, 27 NOV 2020
... financial advisers who handle claims on behalf of an insurer will be directly impacted. ASIC is urging industry participants to apply for the AFSL or a variation to existing licences as soon as possible. For entities that already hold an AFSL, a variation ...

FASEA reveals October exam results

KARREN VERGARA  |  THURSDAY, 26 NOV 2020
... extraordinary circumstances. "Over 11,690 advisers have sat the exam with nine in 10 demonstrating they have the skills to apply their knowledge of advice construction, ethics and legal requirements to the practical scenarios tested in the exam," he ...

Exemptions to AFSLs explained by ASIC

ELIZA BAVIN  |  THURSDAY, 26 NOV 2020
... exemption, the test is whether the person is action as a principal or as a representative of a principal. The exemption will only apply to those acting as a representative. "As an authorised representative of an AFS licensee, the trustee of an unregistered ...

Financial adviser reference checks under scrutiny

ELIZABETH MCARTHUR  |  THURSDAY, 19 NOV 2020
... managers. ASIC's draft protocol does not go as far as the FPA suggested. The draft says recruiting licensees will have to apply the reference check protocol to those engaged in activities from general customer service to paraplanning, collections and ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... KPMG was approached to provide the advice and quoted $9000, that amount was under the threshold at which ASIC would have to apply greater scrutiny to the issue or source quotes from other firms. Subsequently though, costs went far above that - to $75,000. ...

ASIC charges BitConnect Australia lead

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... further alleged that during four seminars, he made false or misleading statements which were likely to induce investors to apply for, or acquire, interests in the BitConnect Lending Platform. On 1September 2020, ASIC banned Bigatton from providing financial ...

FPA announces new specialist designation

ELIZA BAVIN  |  THURSDAY, 12 NOV 2020
... planners are uniquely positioned to provide completely objective guidance and advice." The FPA said advisers who wish to apply to become an aged care specialist can do so through completing the Aged Care Steps accredited aged care professional program ...