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Showing 711 - 720 of 1670 results for "Register"

Down but not out: Top advisers adapt

ELIZABETH MCARTHUR  |  MONDAY, 26 AUG 2019
Latest figures from ASIC's Financial Adviser Register (FAR) paint a telling picture of the state of Australia's financial advice sector, with close to 3000 advisers dropping out of the industry since February. According to Rainmaker analysis, the official ...

Advisers to bear brunt of AMP failings

JAMIE WILLIAMSON  |  FRIDAY, 9 AUG 2019
AMP advisers planning to exercise their Buyer of Last Resort (BOLR) arrangements look set to have their business valuations slashed as part of the institution's new strategy. AMP chief executive Francesco De Ferrari said the group will look to recalculate ...

Super fund invests in disability housing

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
A $1.6 billion superannuation fund has pledged $40 million to a specialist disability housing provider via its impact investing subsidiary. The superannuation fund's investment management arm Brightlight has made a cornerstone investment in DPN ...

AMP profits dive, chief pay restructured

ELIZABETH MCARTHUR  |  THURSDAY, 8 AUG 2019
Reporting a 50% drop in wealth management profits, AMP conceded chief executive Francesco De Ferrari's remuneration will have to be reconsidered in light of share price tumbles. The group reported an underlying profit of $309 million for the first half ...

Industry not impressed with APRA

HARRISON WORLEY  |  THURSDAY, 1 AUG 2019
The latest stakeholder survey shows the Royal Commission continues to hurt the regulator's standing in the financial services community. APRA's latest biennial stakeholder survey shows industry players are less impressed with the prudential ...

Managed accounts hit milestone

ELIZABETH MCARTHUR  |  WEDNESDAY, 31 JUL 2019
Managed accounts have reached a growth milestone, now making up 29% of the investment market in Australia. Managed accounts funds under administration grew by 17% to $51 billion in the 12 months to March, according to Rainmaker data. Platform funds ...

Spectrum Wealth representatives find new homes

ELIZABETH MCARTHUR  |  MONDAY, 29 JUL 2019
... Spectrum reported it has stopped providing financial services. According to Rainmaker analysis of the ASIC Financial Adviser Register, there are now no advisers on Spectrum's books. Spectrum had 98 advisers under its licence in January this year - that ...

Sam Henderson cops ASIC ban

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 24 JUL 2019
... said the investigation into Henderson's conduct is continuing, but the ban will be recorded on the Financial Adviser Register and the Banned and Disqualified Register. Henderson has already been fined $50,000 by the Financial Planning Association ...

AFA expands support for paraplanners

ELIZABETH MCARTHUR  |  MONDAY, 22 JUL 2019
... standard for paraplanners. There is a special offer for paraplanners at this year's AFA conference. Paraplanners who register for the conference will receive one year's complimentary AFA paraplanner membership. Financial Standard is the official media ...

Adviser association rebrands, grows membership

KARREN VERGARA  |  THURSDAY, 18 JUL 2019
The United Financial Advisers Association has re-emerged to grow its membership to 2500 advocating for several reforms in the advice sector. Formerly known as the Life Insurance Customer Group, UFAA recently rebranded and decided to cease lobbying for ...