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Showing 851 - 860 of 1224 results for "Licensees"

Forward-thinking advisers benefit from opt-in deadline

ALEX BURKE  |  WEDNESDAY, 1 JUL 2015
... was extended by a year after changes to the reforms were being debated in the Senate. As a result, all advisers and licensees will need to strictly comply with the best interests duty, opt-in regime and fee disclosure arrangements. As reported in Financial ...

Miller to take permanent leading role at NAB Wealth

MARK SMITH  |  FRIDAY, 19 JUN 2015
... year. Miller has previously held a number of leadership positions at NAB Wealth, including leading MLC's self-employed licensees and more recently the formation of MLC Direct in 2011. NAB Wealth group executive and chief executive of MLC Andrew Hagger ...

Financial planning director to leave AMP

LAURA MILLAN  |  THURSDAY, 18 JUN 2015
... divisions. He reported to the group executive of the advice and banking division Rob Caprioli and was responsible for five licensees: AMP Financial Planning, Hillross, ipac, Genesys and Charter Financial Planning. "Steve is one of AMP's longest serving ...

ASIC planner deadline looms

ALEX BURKE  |  FRIDAY, 29 MAY 2015
... financial advisers register is tomorrow. As reported in Financial Standard, planners are required to be registered (by their licensees) in ASIC's database by May 30, although late appointments will be accepted. (Penalties will be applied from September.) ...

Barrett firm acquires Pride Advice

ALEX BURKE  |  THURSDAY, 28 MAY 2015
... their succession plan while also helping them grow. "There's been a mentality in the marketplace that you're buying licensees rather than businesses. But my view is that practices should be seen as 'in and of themselves'. And if you look at the financials ...

AMP deflects ASIC attack reports

ALEX BURKE  |  THURSDAY, 21 MAY 2015
... advice entities" such as AMP, Macquarie and the big four banks. In April, it said it had detected "multiple instances of licensees charging clients for financial advice, including annual advice reviews, where the advice was not provided." There is currently ...

Treasury proposes higher regulatory levies for super funds

ALEX BURKE  |  THURSDAY, 21 MAY 2015
... regulatory activities. The outcomes in this report demonstrate ASIC's commitment to ensuring financial services and credit licensees, professional registrants and other licensees meet their key obligations, including minimum standards of compliance ...

APRA releases super performance profiles

DARREN SNYDER  |  WEDNESDAY, 20 MAY 2015
... regulator's published statistics. The pledge came in a recent APRA letter to Registrable Superannuation Entity (RSE) licensees and on the back of about 18 months of ongoing consultation over the reporting framework. In the letter APRA member Helen Rowell ...

Advice not just compliance: Centrepoint

ALEX BURKE  |  FRIDAY, 15 MAY 2015
... Zwart has called out advisers who focus on regulatory compliance without considering client satisfaction. He argued that licensees and practices are obsessed with "[their] own processes rather than the needs of clients." "We need to embrace the FOFA ...

ASIC developing regulatory guide for advice remediation

ALEX BURKE  |  WEDNESDAY, 6 MAY 2015
... has announced it is developing a regulatory guide for advice remediation programs for Australian financial services licensees. The regulator has participated in numerous advice review programs for major financial advice institutions, most notably CBA ...