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Showing 71 - 80 of 1940 results for "licensee"

Superannuation advertising ban consultation launches

KARREN VERGARA  |  MONDAY, 30 MAR 2026
... superannuation performance test and the person advertising the MySuper product cannot be a connected entity of the RSE licensee that is offering the product. "Employee onboarding is a key time when employees engage with their superannuation and they ...

Adviser reprimanded over clients' loss of cover

JAMIE WILLIAMSON  |  THURSDAY, 26 MAR 2026
... clients forfeited their cover. The error was identified a year later, the FSCP explained, with the adviser notifying their licensee and arranging an insurance review. The panel determined the adviser had breached financial services law and therefore ...

FEATURE | Regulation: Picking up the pieces

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
... amendment to legislation to make the system fairer for all," Kee explains. At present, InterPrac is the only solvent licensee standing and has about $20 million in PII. "That money should be used to compensate people who had more than $150,000 invested," ...

APRA kicks off Retirement Reporting Framework consultation

KARREN VERGARA  |  TUESDAY, 24 MAR 2026
APRA has launched a consultation on how it can effectively collect and report data from superannuation funds as part of its work under the Retirement Income Covenant. The prudential regulator has released details of how it can work with the industry ...

Sequoia advances InterPrac takeover talks

KARREN VERGARA  |  WEDNESDAY, 18 MAR 2026
... being blacklisted from several platforms, such as Macquarie and Netwealth. Yesterday, Crole said the review of the retail licensee services operations is continuing. "Sequoia is considering a range of strategic options for InterPrac, which may include ...

ASIC considers changes to net asset requirements

ELIZA BAVIN  |  WEDNESDAY, 18 MAR 2026
ASIC is seeking feedback on options for increasing the net tangible assets (NTA) requirement for responsible entities of registered managed investment schemes. In addition, ASIC is looking at increasing the NTA requirements that apply to other fund ...

MIS review ignores key issues: FAAA

KARREN VERGARA  |  TUESDAY, 3 MAR 2026
Treasury's fresh review into managed investment schemes (MISs) falls short of addressing critical issues that could prevent another Shield Master Fund and First Guardian Master Fund disaster, the Financial Advice Association Australia (FAAA) says. ...

GDG reports record FUM growth, eyes stronger second half

MATTHEW WAI  |  WEDNESDAY, 25 FEB 2026
Generation Development Group (GDG) saw strong returns across all its business lines in the six months to 31 December 2025, with net profit after tax growing 63% to $20.1 million in the period. The group is now targeting even better performance in the ...

Sequoia weighs InterPrac's fate, launches review

KARREN VERGARA  |  TUESDAY, 24 FEB 2026
... period." Last November, Netwealth and Macquarie announced they will bar InterPrac advisers from their platforms. Sequoia's licensee and adviser services division both await their fate. Already, head of licensee and adviser services Daryl Stout resigned ...

HUB24 posts record HY inflows, advisers on platform jump by 8%

RIDDHIMA TALWANI  |  THURSDAY, 19 FEB 2026
... of the total 15,400 Australian adviser market. HUB24 expects to continue growing its adviser footprint and has signed licensee agreements providing it with access to 79% of the total adviser market, it said. "This share continues to grow with HUB24 Group ...