Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 871 - 880 of 1224 results for "Licensees"

Super industry views sought on data collection

DARREN SNYDER  |  TUESDAY, 7 APR 2015
... alignment of reporting standards between both the ABS and APRA. "The ABS considers that the proposed changes will assist RSE licensees to reuse and cross-check data reported across different forms and reduce unnecessary duplication," the letter reads. ...

ClearView predicts end of independent financial advice

ALEX BURKE  |  WEDNESDAY, 1 APR 2015
... mandating level commission payments and capping initial advice payments would force advisers into vertically-integrated licensees. It also warned that care should be taken to ensure third parties with a commercial interest in driving business to vertical ...

AFA can't give Trowbridge report "complete support"

ALEX BURKE  |  FRIDAY, 27 MAR 2015
... a proper "rigorous" assessment of the potential outcomes of Trowbridge's recommendations, which considered insurers, licensees, advisers and clients. He added, "our concern is that this could result in an increase in costs for people to get personal ...

Trowbridge releases final report

ALEX BURKE  |  THURSDAY, 26 MAR 2015
... hybrid commission system with a cap on initial commissions for new business. 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 ...

FSC announces life insurance award winners

ALEX BURKE  |  THURSDAY, 26 MAR 2015
... there have also been some breakthrough moments too, where knowledge and understanding has been shared between advisers, licensees and life insurers. I think it's fair to say that a greater understanding of the varying perspectives of these parties has ...

Macquarie to close Risk Advice Specialists

ALEX BURKE  |  MONDAY, 23 MAR 2015
... Macquarie AFSL. Financial Standard understands that the five Risk Advice Specialists planners will transition to other licensees outside of Macquarie's financial advice business. Risk Advice Specialists was launched in 2012 with six advisers recruited ...

ASIC suspends Dunfo Capital AFSL

ALEX BURKE  |  MONDAY, 16 MAR 2015
... revoked if Dunfo Capital is able to meet its "legal obligations and licence conditions". "We strongly encourage all licensees to proactively report significant breaches to ASIC within 10 business days, as they are obligated to do," said ASIC Commissioner ...

CBA rolls out IRESS systems to all advice groups

LAURA MILLAN  |  WEDNESDAY, 11 MAR 2015
... Bank's Business and Private Bank. The new agreement will see IRESS tools and systems implemented in all of the group's licensees, including Commonwealth Financial Planning, Bankwest Financial Advice and Financial Wisdom. "This investment in technology ...

MyPlanner launches managed account solution

LAURA MILLAN  |  TUESDAY, 10 MAR 2015
... for many financial planners. Some of our planners don't have the time, experience or desire to build portfolios, and licensees don't want the risk and compliance headache associated with inexperienced advisers trying to manage portfolios," MyPlanner ...

XPLAN is top-rated financial planning software

ALEX GAMBOTTO-BURKE  |  WEDNESDAY, 4 MAR 2015
... were Rubik Coin and AdviserNETgain. The report also notes that an increased focus on FoFA compliance has resulted in licensees making better use of the compliance functionality in their planning software. "The use of workflow based compliance benchmarking ...