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Showing 951 - 960 of 1224 results for "Licensees"

APRA delays new data collections implementation

ALEX DUNNIN  |  FRIDAY, 21 MAR 2014
... requires from super funds. APRA said: "The reasons for these difficulties relate primarily to 'teething issues' as RSE licensees implement new processes and systems and work with third party data providers to obtain the necessary data within the necessary ...

Compliance costs Aussie advisers $15k versus global peers

MARK SMITH  |  TUESDAY, 4 MAR 2014
... and growing the business. "Administration and compliance are a 'necessary evil' for financial planning practices and licensees, particularly when it comes to implementation of the FoFA reforms. However, our research shows that reducing the burden of ...

Synchron pushes for providers' direct payment

LAURA MILLAN  |  FRIDAY, 28 FEB 2014
... Section 911A of the Act, which according to Synchron exposes financial advisers to risks over which they have no control. "Licensees, not advisers, receive payment from product providers for the work done by advisers, who then pass the payment on to ...

General advice exemption "irrelevant" to advisers: AFA

LAURA MILLAN  |  FRIDAY, 21 FEB 2014
... remain available in the financial advice landscape," the submission continued. The AFA also considered unlikely that licensees will support a general advice business model for financial advisers. Also, product providers will not agree to pay commission ...

Bowen's FoFA fears "complete rubbish": AFA

LAURA MILLAN  |  WEDNESDAY, 12 FEB 2014
... broad APL you can't have a discussion with your client and end up with a recommendation via providing general advice." "Licensees would not support it and it would not be possible to do it; but if you have only one product and your client knows what ...

Synchron in recruitment mode after grandfathering changes

LAURA MILLAN  |  TUESDAY, 21 JAN 2014

Robertson and Wadell out in AMP reshuffle

HARRY PAGE, ALICE URIBE  |  FRIDAY, 17 JAN 2014
... across its superannuation, insurance, banking and advice businesses, including a new structure within which AMP's five licensees will come under three new management teams. Michael Guggenheimer, currently managing director of AMP's biggest licensee ...

AMP names new division leadership teams

MARK SMITH  |  THURSDAY, 16 JAN 2014

APRA releases final SuperStream reporting standards

JAMES FERNYHOUGH  |  THURSDAY, 5 DEC 2013
... and contribution transactions of super funds. In a letter sent out yesterday to registered superannuation entity (RSE) licensees, APRA said that the new reporting standards would not come into effect until 1 July 2014, and that the first SRS 711.0 data ...

Advice insto ownership steps up post GFC

ALEX DUNNIN  |  MONDAY, 11 NOV 2013
One-quarter of financial advisers are in licensees that have changed ownership since the GFC and 80% of affected advisers have gone into advice groups owned by the big six bancassurance groups, reveals the 2013 Rainmaker Financial Planning Report. "The ...