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Showing 941 - 950 of 1241 results for "licensees"

Aligned licensees could be renamed "restricted advice" groups

LAURA MILLAN  |  WEDNESDAY, 27 AUG 2014
Advice groups tied to a product manufacturer could be required to be renamed "restricted advice" businesses, instead of the current 'aligned' or 'institutionally-owned' labels, the Australian Securities and Investments Commission (ASIC) proposed. The ...

Movers and shakers

... will also be in charge of generating income for the association. Fuchs set up the matchmaking service for advisers and licensees MyDealerGroup two years ago and following her appointment at the AFA, has sold the business to Steve Prendeville's Forte ...

Licensees must be more open to social media: AFA

ALICE URIBE  |  TUESDAY, 19 AUG 2014
Licensees that allow advisers to be active on social media could soon be more appealing to advisers according the Association of Financial Advisers chief executive Brad Fox. Speaking on a panel at the AdviserEdge Social Advice Summit on the Gold Coast ...

Licensee transparency far more urgent than advice register

LAURA MILLAN  |  THURSDAY, 14 AUG 2014
Establishing a clear and transparent standard for licensees to provide references when an adviser leaves a dealer group is more urgent than the government's advice register, the Association of Financial Advisers (AFA) chief executive Brad Fox said. ...

AFA appoints chief commercial officer

LAURA MILLAN  |  TUESDAY, 12 AUG 2014
... will also be in charge of generating income for the association. Fuchs set up the matchmaking service for advisers and licensees MyDealerGroup two years ago and following her appointment at the AFA, has sold the business to Steve Prendeville's Forte ...

CBA, ASIC unveil details of new compensation scheme

LAURA MILLAN  |  FRIDAY, 8 AUG 2014
... compensation offer. Clients will also be able to refer their matter to the Financial Ombudsman Service (FOS) with both licensees "agreeing to waive any limitation period or claim threshold that would normally apply to FOS matters." The additional licensee ...

Managedaccounts.com.au adds adviser to sales team

STAFF WRITER  |  FRIDAY, 8 AUG 2014
... solutions. "It's an exciting space to be in and managedaccounts.com.au is on the cutting edge," he said. There are now 23 licensees using managedaccounts.com.au. Two additional licensees have signed a Memorandum of Understanding to implement a private ...

ASIC cracks down on advisers over PI insurance

LAURA MILLAN  |  THURSDAY, 7 AUG 2014
... services (AFS) licenses that did not comply with professional indemnity (PI) insurance obligations. The review targeted licensees which had not requested a release of a security bond required to be lodged with ASIC under a previous licensing regime. ...

Fortnum completes ANZ buy-out

ALICE URIBE  |  WEDNESDAY, 6 AUG 2014
Fortnum has become of Australia's largest independently-owned Australian Financial Services Licensees after completing a multi-million dollar deal to buy-out ANZ's 20% stake in the company. Fortnum's management, staff and financial advisers raised the ...

Licensee under ASIC scrutiny after employing AAA advisers

LAURA MILLAN  |  WEDNESDAY, 30 JUL 2014
... training of representatives and respond to failures identified during the licensee's audit process. "We would expect licensees who take on representatives previously authorised under licensees that have been the subject of ASIC action to be especially ...