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Showing 861 - 870 of 1224 results for "Licensees"

FPA proposes risk commission cap

DARREN SNYDER  |  TUESDAY, 5 MAY 2015
... president Deborah Kent outlined the organisation's position in a letter sent to members. "We are encouraging advisers and licensees to endorse hybrid and level commission remuneration and remove high-upfront commissions from use and also to take actions ...

APRA releases super reporting standards

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
... after the end of the reporting period until mid 2017. However APRA encourages Registrable Superannuation Entity (RSE) licensees to continue to submit well within this timeframe wherever possible," the APRA statement said. The 26 final reporting standards ...

Advisers Register hits 22k

DARREN SNYDER  |  WEDNESDAY, 29 APR 2015
... advisers through enforceable undertakings and cancelled 18 licences. It has also accepted enforceable undertakings from six licensees requiring them to undertake major improvements in their compliance procedures and entered into agreements with two licensees ...

FEATURE: Where next for risk advice?

ALEX BURKE  |  TUESDAY, 28 APR 2015
... all subsequent premiums) and level commissions (30% of each year's premiums). Further proposed policy reforms are that licensees are prohibited from receiving benefits that create product choice and/or advice conflicts; that every licensee includes at ...

AFA calls for adviser leadership

ALEX BURKE  |  FRIDAY, 24 APR 2015
Association of Financial Advisers chief executive Brad Fox has said that advisers and licensees should take leadership roles in "pre-empting" life insurance reforms. Signalling the controversial Trowbridge Report as being the catalyst for self-directed ...

Report confirms failed CBA compensation

LAURA MILLAN  |  THURSDAY, 23 APR 2015
... compliance under the limited Australian financial services licence (AFSL) conditions that the regulator imposed on the licensees.

Van Eck grows distribution team

STAFF WRITER  |  THURSDAY, 23 APR 2015
... where, as strategy manager, direct solutions, he designed and implemented listed securities service offerings for AMP licensees. Previously he was a senior investment specialist at Genesys Wealth Advisers and before that held various roles at AXA Australia ...

Trowbridge proposals will hit consumers hardest

ALEX BURKE  |  MONDAY, 20 APR 2015
... about their case for this significant change, including publishing modelling as to the effects on consumers, advisers, licensees and life insurers."

ASIC investigating false fees in large advice firms

ALEX BURKE  |  THURSDAY, 16 APR 2015
... and the "Big Four" banks. According to its statement, as part of the project ASIC has detected "multiple instances of licensees charging clients for financial advice, including annual advice reviews, where the advice was not provided." In most examples ...

Managed account FUM exceeds $13bn

MARK SMITH  |  FRIDAY, 10 APR 2015
... added that the survey was only intended to cover organisations which aim to provide managed account services for other licensees. That means the actual total in this type of account will be substantially higher, once firms which administer and manage ...