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Showing 741 - 750 of 1224 results for "Licensees"

ASIC cancels AFSL, bans former executives and fund managers

JAMIE WILLIAMSON  |  TUESDAY, 30 MAY 2017
... financial services licence requires compliance with some fundamental obligations, including reporting requirements. Where licensees fail to meet those obligations, ASIC will act to remove them from the financial services industry," ASIC commissioner ...

Colonial First State upgrades managed accounts offering

JAMIE WILLIAMSON  |  MONDAY, 22 MAY 2017
... managed accounts being made available on FirstChoice later this year. As part of a tailored solution for a range of licensees and independent financial advisers, the new release will complement existing multi-manager and model portfolios on offer. Clients ...

Total Financial Solutions chief appointed

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2017
... in the role permanently. "Andrew will lead the business towards capturing strong market momentum behind high-quality licensees offering a natural home to professional and ethical financial advice in Australia," Rowe said. "The Countplus network wishes ...

Poor compliance sees AFSL suspended

JAMIE WILLIAMSON  |  MONDAY, 1 MAY 2017
... services other than investor directed portfolio services for wholesale clients. ASIC commissioner John Price said: "Licensees are required to lodge financial statements and auditor reports with ASIC to demonstrate their capacity to provide financial ...

Pressure on advice practices means time for rethink: ClearView

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2017
... potential opportunities across key client segments. Matrix and ClearView head of strategic advice Allison Dummett said licensees often direct advisers away from advising on certain areas, such as property investing or aged care, but the demand for this ...

ClearView slams APL standard

KARREN VERGARA  |  TUESDAY, 18 APR 2017
... broad the range of insurance products should be and only mirrors the current situation where large institutionally-owned licensees can use discretion to enforce extremely narrow and restrictive APLs, Swanson said. Swanson adds the draft standard ignores ...

MDA firm hires former Pillar chief executive

KARREN VERGARA  |  THURSDAY, 13 APR 2017
... of new initiatives this year. The company also announced its retail superannuation solution is being rolled out to 13 licensees, potentially reaching investors who prefer personal super products rather than self-managed super funds. Another initiative ...

Former BTFG manager joins Synchron

KARREN VERGARA  |  WEDNESDAY, 12 APR 2017
... for two years before returning to BTFG. Director Don Trapnell said the appointment makes Synchron one of the very few licensees with manager representation in every state. "In appointing an SA/NT state manager, we are aiming to replicate the success ...

ASIC wins first court action for FoFA breaches

EMMA RAPAPORT  |  WEDNESDAY, 5 APR 2017
... industry can rely. "This finding, the first of its kind, provides guidance to the industry about what is required of licensees to ensure representatives comply with their obligations to act in the best interests of clients and provide advice that is ...

AMP reshapes advice businesses, appoints MD

ALEX BURKE  |  FRIDAY, 31 MAR 2017
... Michael Paff. Furthermore, AMP will establish a governance function and independent review boards for all of its aligned licensees so as to ensure consistent advice standards throughout its network. In addition to Paff, the new leadership team will comprise ...