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Showing 61 - 70 of 1904 results for "licensee"

Sequoia expects earnings hit from Shield, First Guardian

KARREN VERGARA  |  TUESDAY, 16 DEC 2025
Sequoia Financial Group's embattled licensee and adviser services division flagged it is currently making healthy earnings but expects to take a hit from the First Guardian Master Fund and Shield Master Fund debacle. The unit, which is embroiled in ...

Centrepoint Alliance expects core profit to top guidance

RIDDHIMA TALWANI  |  TUESDAY, 16 DEC 2025
... on the revenue. It said it is experiencing strong organic growth, which has increased its ranking to number two in the licensee market, driven by continued adviser recruitment and high retention rates. Centrepoint saw its net profit after tax (NPAT) ...

ASIC welcomes support for simplifying guidance on conflicts of interest

MATTHEW WAI  |  TUESDAY, 16 DEC 2025
ASIC has made changes to the regulatory guidance on managing conflicts of interest for Australian financial services licence (AFSL) holders, with the changes informed by its surveillance of private markets. The updated Regulatory Guide 181 AFS Licensing ...

Mulino wants PII to step up to make CSLR sustainable

KARREN VERGARA  |  MONDAY, 15 DEC 2025
The professional indemnity insurance (PII) sector will be forced to play a bigger role in making the Compensation Scheme of Last Resort (CSLR) sustainable, Assistant Treasurer Daniel Mulino proposes, as the Opposition slams the scheme for "constantly ...

ASX to undergo 'circuit breaker' reforms

ELIZA BAVIN  |  MONDAY, 15 DEC 2025
The ASX has agreed to a package of reforms aimed at strengthening confidence in Australia's critical market infrastructure, providing certainty about the market operator's reset, and responding to the Interim Report released today by the panel of the ...

Mulino taps super sector to help pay CSLR special levy

ELIZA BAVIN  |  WEDNESDAY, 10 DEC 2025
Assistant Treasurer and Minister for Financial Services Daniel Mulino has suggested including APRA-regulated superannuation funds in the Compensation Scheme of Last Resort (CSLR) as the 2026 special levy has blown out to $47.3 million. Mulino added ...

ASIC releases legal obligations for private credit funds

ELIZA BAVIN  |  TUESDAY, 9 DEC 2025
... the misleading or deceptive conduct prohibitions and unconscionable conduct prohibition. ASIC said the principal AFS licensee must take all reasonable measures to ensure its representatives comply with financial services laws. Earlier this year, ASIC ...

68% pass financial adviser exam: ASIC

KARREN VERGARA  |  MONDAY, 8 DEC 2025
... standards. A person training to become a relevant provider must pass the exam before they can be authorised by an AFS licensee as a provisional relevant provider and start the third quarter of their professional year (PY). The next financial adviser ...

ASIC allows more forms to be lodged via email

STAFF WRITER  |  THURSDAY, 4 DEC 2025
... of scheme auditor FS08 Application for consent from ASIC to resign as an auditor of an Australian financial services licensee Two other documents - Form 201 - Application to register an Australian company and Form 484 - Change to company details - can ...

More than 2000 advisers at risk as deadline looms

JAMIE WILLIAMSON  |  MONDAY, 1 DEC 2025
... personal financial advice from 1 January 2026. Of these, 836 may be eligible for the experienced provider pathway but their licensee is yet to notify ASIC as to whether they will take this option, the regulator noted. There are also 827 existing providers ...