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Showing 821 - 830 of 1241 results for "licensees"

Knight Financial Advisors unveils new MDA service

MARK SMITH  |  WEDNESDAY, 25 MAY 2016
... MGP is also on track to roll out further MDA platforms over coming months with further interest also being sought by licensees with their own MDA Operator license seeking next generation integrated solutions.

Insto oligopoly stifling advice M&A activity

ALEX BURKE  |  TUESDAY, 24 MAY 2016
There are still far more buyers than sellers for financial planning businesses due to 85% of licensees being controlled by six institutions, according to Connect Financial Service Brokers chief executive Paul Tynan. Despite what Tynan perceives as a ...

Super fund disclosure gets extension

DARREN SNYDER  |  THURSDAY, 5 MAY 2016
... In a statement ASIC said it has also extended previous relief that allows registrable superannuation entities (RSE) licensees to provide a product dashboard with a super fund member's periodic statement by including a website address for the latest product ...

Accountants should beware AFSL traps

ALEX BURKE  |  MONDAY, 4 APR 2016
... independence requirement. "Some licensee agreements have very strict client ownership stipulations, especially those by licensees that operate within the big four major banks, AMP and IOOF," Tynan said. Tynan went on to suggest that accountants could ...

ASIC hands Allegianz six month suspension

KERRIE SYDEE  |  FRIDAY, 1 APR 2016
... licence conditions. ASIC has suspended Allegianz's licence until 10 September 2016. ASIC deputy chair Peter Kell said: "Licensees are required to lodge financial statements with ASIC to demonstrate their capacity to provide financial services. Failure ...

ASIC consults on robo regulation

ALEX BURKE  |  MONDAY, 21 MAR 2016
... "additional risks" digital advice providers face, such as cyber-attacks. As a result, ASIC said it expects all digital advice licensees to "assess their cyber security using recognised frameworks, such as the National Institute of Standards and Technology ...

FPA supports "bitter harvest" recommendations

ALEX BURKE  |  FRIDAY, 18 MAR 2016
... of which led to the 2009 crisis, are so complex that "many" FPA members avoid them due to a lack of understanding. "Licensees do not include them on their approved product lists. That's why the distinction between product sales and financial advice must ...

ASIC tightens Macquarie's AFSL

ALEX BURKE  |  FRIDAY, 11 MAR 2016
... Appeals Tribunal and has requested that ASIC delay its decision until the outcome of that application. "ASIC expects licensees to maintain strict controls and follow proper procedures in their handling of client funds," ASIC commissioner John Price said. ...

ASIC cracks down on "independent" AFSLs

ALEX BURKE  |  THURSDAY, 3 MAR 2016
ASIC has requested that three Australian financial services licensees "remove or amend" claims about their independence. Wilson HTM, iSelect Life and Citywide Insurance Brokers and Financial Planners have complied with ASIC's request after the regulator ...

Zurich to promote advice profession through Grad Mentor

ALEX BURKE  |  THURSDAY, 3 MAR 2016
... champion of adviser professionalism in Australia. Last year the partnership saw 60 high quality graduates secure roles with licensees across Australia." The partnership will involve Zurich hosting "speed-networking" events for young graduates and established ...