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Showing 71 - 80 of 100+ results for "AFSL"

Another MLC advice firm exits group

KARREN VERGARA  |  TUESDAY, 6 OCT 2020
... Queensland-based Designing Financial Solutions (DFS), led by principal and financial planner Kevin Redfearn, is now operating under the AFSL of independent group FYG Planners, which has over $3 billion in funds under management. DFS was licensed with ...

Lifespan adds MDAs to BT Panorama

KANIKA SOOD  |  TUESDAY, 22 SEP 2020
... our support service for existing self-licensees and those advice businesses wanting to transition to their own individual AFSL," Ardino said. Lifespan said it has offered MDA solutions for over 15 years. It currently has $250 million in MDA services ...

ASIC provides relief to Victorian advisers

ALLY SELBY  |  TUESDAY, 22 SEP 2020
The corporate watchdog has shifted to a no-action position on fee disclosure statements and renewal notice obligations for financial advice businesses in Victoria. The no-action applies to AFS licensees and representatives where their business is solely ...

Funds services firm expands offerings

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
... firm is expanding its back-office offering to include trustee, custody and escrow services. Intertrust Group has secured an AFSL that will enable it to provide additional fund services to asset managers, institutional investors and financial institutions. ...

It's not a bird or a plane; it's a new trading platform

ALLY SELBY  |  MONDAY, 7 SEP 2020
... minutes. The free account offers investors basic reporting capabilities to track their portfolios. Superhero operates under the AFSL of Sanlam Private Wealth, an investment and advisory firm from South Africa. Sanlam services high net-worth clients ...

IOOF names licensee chiefs, acquires platform

JAMIE WILLIAMSON  |  WEDNESDAY, 2 SEP 2020
... mark the next chapter in the advice business, focused on enhancing client engagement, increasing efficiency and ensuring AFSL sustainability. "The AFSL landscape is changing. We have continued to adapt and invest so that we are well positioned to deliver ...

Former adviser faces fraud charges

ALLY SELBY  |  MONDAY, 31 AUG 2020
... Refocus following an application by ASIC, restraining Gordon from carrying on a financial services business without holding an AFSL or being an authorised representative. The corporate watchdog alleges that between 2015 and 2017, Gordon withdrew a total ...

IOOF posts profit, restructures business

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
... will support advisers in their transition to another licensee." Mota said IOOF remains committed to the multi-brand, multi-AFSL business and the announced changes will benefit clients and shareholders. He said IOOF it committing to a $10 million per ...

Advice disciplinary body delayed

KARREN VERGARA  |  FRIDAY, 28 AUG 2020
... without a disciplinary or code-monitoring body since it began. In the meantime, Hume said it is the responsibility of the AFSL or licence holder to ensure its authorised representatives are abiding to internal standards and the industry's code of ...

Clients value advice during pandemic

KARREN VERGARA  |  TUESDAY, 25 AUG 2020
... Interestingly, the report found a growing cohort of self-licensed planners. Almost a third of advisers currently hold their own AFSL or operating in a boutique AFSL, showing a two-fold increase since 2016. "More planners are heading down the self-licensing ...