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

Search Results

Showing 881 - 890 of 1240 results for "licensees"

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 ...

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 ...