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

Search Results

Showing 971 - 980 of 1224 results for "Licensees"

Platforms hit $445bn record

ALEX DUNNIN  |  WEDNESDAY, 25 SEP 2013
... to the big-5 adviser conglomerates that account 55% of the market. AMP is the biggest advisory conglomerate with 12 licensees and 3,337 planners which is 179% the size of their nearest rival, ANZ OnePath.

Finance industry integrity called into question

LAURA MILLAN  |  THURSDAY, 12 SEP 2013
... organisations providing financial products such as banks, superannuation funds, insurance companies and other credit licensees, stakeholders said that 25% don't operate with integrity, but 33% do. The industry also sees itself as unsuccessful when managing ...

Industry backs Cormann as Superannuation Minister

LAURA MILLAN  |  MONDAY, 9 SEP 2013
... the Grandfathering rules which have reduced competition in the advice market and the ability for advisers to change licensees," the AFA chief executive Brad Fox said. Industry Super Network (ISN) asked for a bipartisan approach to superannuation policy ...

AAP hits adviser milestone ahead of buyout

LAURA MILLAN  |  TUESDAY, 27 AUG 2013
... have over 1,400 advisers. "We are not a licensee, product manufacturer or an institution, we are purely there to assist licensees grow their businesses in a professional and compliant way," De Zwart said. De Zwart also spoke about Centrepoint's other ...

IPA joins Kaplan in support of ASIC adviser training stance

MARK SMITH  |  FRIDAY, 23 AUG 2013

AFS advisers question payment model

LAURA MILLAN  |  FRIDAY, 16 AUG 2013
... payment method commonly used within the industry makes sense anymore after the court ruling. "After this court ruling, licensees will have to change the way they interact with advisers from a business relation to an employer and employee relationship" ...

Independent advisers more loyal to their licensees

LAURA MILLAN  |  TUESDAY, 6 AUG 2013
Independent advisers have more loyalty towards their own dealer groups than those who belong to an institutionally-owned adviser group. A recent Net Promoter Scores (NPS) research done with over 1,000 advisers showed that those who belong to independent ...

ASIC wants more adviser record-keeping rules

LAURA MILLAN  |  THURSDAY, 1 AUG 2013
... (FoFA) regulation. In Consultation Paper 214 called "Updated record-keeping obligations for Australian financial services licensees", ASIC asks planners to keep records to prove that the licensee and its representatives have complied with the best interests ...

ASIC revokes Australian Public Trustees' AFSL

JAMES FERNYHOUGH  |  TUESDAY, 30 JUL 2013

Yellow Brick Road amends staff authorisations after ASIC concerns

MARK SMITH  |  FRIDAY, 26 JUL 2013
... because the companies also act as intermediaries between the licensee and the consumer. "It is important for all credit licensees to consider carefully how each party they deal with is authorised or licensed," said a statement issued by ASIC. "This helps ...