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Showing 781 - 790 of 1224 results for "Licensees"

Adviser Ratings makes two senior hires

KERRIE SYDEE  |  TUESDAY, 20 SEP 2016
... years' experience within the financial service industry, having predominantly worked as a consultant for advisers and licensees in the retail insurance sector. Cowie's role will see her securing industry members, AFS licensees and advisers to ensure ...

Advisory firm has licence cancelled

MARK SMITH  |  MONDAY, 19 SEP 2016
... provide the services covered by its licence and to conduct the business in compliance with the Corporations Act 2001. "Licensees are required to lodge financial statements and auditor reports with ASIC to demonstrate their capacity to provide financial ...

CBA pays $180,000 in penalties

ALEX BURKE  |  WEDNESDAY, 14 SEP 2016
... declined, and a further 1,152 were unlawfully given higher overdraft limits. ASIC deputy chair Peter Kell said: "Credit licensees should continuously monitor their internal processes to ensure compliance with the law. "This is especially the case with ...

ASIC accepts EU from Perth advice firm

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... "As this matter shows, inadequate risk management and compliance frameworks, combined with deficient application of a licensees' systems and controls can result in the provision of advice that does not serve the best interests of clients," ASIC deputy ...

Rethinking risk through goals-based investing

ALEX BURKE  |  TUESDAY, 13 SEP 2016
... accumulation phase, this is a dangerous situation to be in. In an attempt to address this, advisers, product providers and licensees are turning to "goals-based investing" - also known as "objectives-based investing". Like many financial services terms ...

ASIC cancels AFSL, bans responsible managers

DARREN SNYDER  |  FRIDAY, 9 SEP 2016
... was banned from providing financial services for a period of three years. ASIC commissioner Greg Tanzer said: "All AFS licensees need to ensure their culture does not drive poor conduct within their business. ASIC will take action against licensees and ...

ASIC accepts EU from My Adviser

KERRIE SYDEE  |  WEDNESDAY, 24 AUG 2016
... remediation to clients of Arion. More than $2 million has been paid to date. ASIC commissioner Greg Tanzer said: "All licensees must ensure that its representatives comply with the best interests obligations and where that doesn't occur, ASIC will look ...

ANZ partners with Mercer for retiree portfolios

ALEX BURKE  |  THURSDAY, 18 AUG 2016
... with Mercer to develop new model portfolios for retirees. The portfolios will be distributed via ANZ Wealth aligned licensees and focus on diversification across asset classes. Each is based on a particular investment objective and incorporates low volatility ...

Kaplan launches adviser diagnostic tool

KERRIE SYDEE  |  THURSDAY, 11 AUG 2016
... step towards standardising and administering a national assessment for financial advisers. KUDOS is designed to give licensees and training managers a tool to accurately gauge the capability level of their adviser network, with the diagnostic identifying ...

Implemented Portfolios launches branded IMA

KERRIE SYDEE  |  WEDNESDAY, 10 AUG 2016
... launched a branded individually managed account (IMA) service. The IMA solution allows Australian financial advisers and licensees to white-label the Implemented Portfolios IMA technology and use their own model portfolios or those of a chosen service ...