Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 1073 results for "Representatives"

ASIC, APRA provide FAR update

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... planning; reinsurance management; scam management; technology management; training and monitoring of relevant representatives and staff; underwriting; and whistleblower policy and process. New information in the package also includes a joint ASIC and ...

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... billion. "AWAG has an active pipeline of both EPS investments as well as the planned onboarding of authorised representatives into our wealth management advisory services business, CHPW Financial," AWAG chair Lee IaFrate said. "As the advice market continues ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... claims decisions. Additionally, it provides secure digital access for solicitors, carers, and other third-party representatives, which AIA claims will allow them to efficiently handle and track claims on behalf of members. Members can also access content ...

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
... liquidation - Magnolia Investment Management (MIM)and Magnolia Asset Management (MAM) - were also corporate authorised representatives of Guildfords. Last November, ASIC disqualified Atkins from managing corporations for five years and banned him for ...

Super account advice fees a sticking point for advice bill: Senate inquiry

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... Amendment (Delivering Better Financial Outcomes and Other Measures) Bill 2024, was introduced in the House of Representatives and read for a first time on March 27. The committee discussed 11 recommendations from the DBFO's predecessor, Michelle ...

Ascot Securities hit with infringement notice for 'serious failures'

ANDREW MCKEAN  |  THURSDAY, 20 JUN 2024
... failed to report suspicious trading to ASIC on 115 occasions, despite concerns raised by its designated trading representatives. The firm placed a particular client's orders onto the ASX 268 times over four months in 2020, where it should have suspected ...

ASIC cancels AFSL of XTrade

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... licensee and engaged in unconscionable conduct. ASIC said XTrade failed to take reasonable steps to ensure that its representatives complied with financial services laws, did not have adequate arrangements for the management of conflicts of interest ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... conducted database searches, gathered information from financial institutions, and communicated with clients or their representatives who have provided information. The Court ruled in favour of ASIC's urgent requests, stating that Prakash likely ...

ASIC clamps down on advisers, trustees cold calling

KARREN VERGARA  |  TUESDAY, 7 MAY 2024
... others are paid a flat payment. Other licensees, ASIC said, should identify their advisers or corporate authorised representatives that are engaged in these referral arrangements and ensure they comply with financial services laws. Super trustees that ...

Fortnum, PFS launch parent company

KARREN VERGARA  |  MONDAY, 22 APR 2024
... Unity's employed adviser and corporate superannuation services business, while Fortnum took on PFS and its 155 representatives. Australian Unity's advice unit had $11.2 billion in funds under advice (FUA) at the end of June 2023. Entireti's chief executive ...