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

Search Results

Showing 981 - 990 of 1224 results for "Licensees"

FoFA could lock advisers into licensees for life

LAURA MILLAN  |  FRIDAY, 26 JUL 2013
The additional Future of Financial Advice (FoFA) regulations concerning the grandfathering provision could lock advisers into their licensee's dealership for life, consultancy firm Radar Results said. Industry bodies are already lobbying for changes ...

Grandfathering uncertainty already affecting businesses

LAURA MILLAN  |  MONDAY, 22 JUL 2013
... grandfathering provisions within the new Future of Financial Advice (FoFA) regulations with planners hesitant to change licensees until the legislation is clearer. Synchron Group director John Prossor expressed concern over the uncertainty around grandfathering ...

Industry welcomes grandfathering extension

LAURA MILLAN  |  WEDNESDAY, 3 JUL 2013
... 2012. Fox welcomed the additional clarity on the grandfathering of employee remuneration arrangements for both salaried licensees and salaried advisers within an Authorised Representative business. "In the absence of this regulation, the implications ...

ASIC increases NTA requirements for custodians

JAMES FERNYHOUGH  |  MONDAY, 1 JUL 2013
... for safekeeping other people's financial assets, have adequate financial resources to provide these services." For new licensees, the regulations will apply from today. For existing licensees, there will be a one-year transition period and compliance ...

Guardian Advice invests in WA planning firm

MARK SMITH  |  WEDNESDAY, 26 JUN 2013
... the group who are seeking support with growth and succession. The group is only one of a few institutionally-aligned licensees offering this proposition to facilitate financial planning business succession.

Centrepoint set to complete full AAP acquisition

LAURA MILLAN  |  WEDNESDAY, 26 JUN 2013
... Practices Group Number 2 (AAP2). Centrepoint currently owns 55% of AAP, which has over 160 independently owned boutique licensees. The acquisition of the remaining 45% of the business will be completed August, Centrepoint managing director John de Zwart ...

Whittaker Macnaught advisers to operate under Financial Wisdom

LAURA MILLAN  |  TUESDAY, 25 JUN 2013
... advisers are establishing their own practices under the Financial Wisdom AFSL," said Pauline McFarlane, head of specialist licensees from Commonwealth Bank Wealth Management Advice.

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
... construction services. Select Fund Services provides responsible entity (RE) services to numerous dealer group clients enabling licensees to focus on investment management and advice. In addition to pure governance and compliance functions, Select Fund ...

FPA, AFA to lobby MPs for TASA delay

LAURA MILLAN  |  MONDAY, 3 JUN 2013
... Financial Advice (FoFA) legislation also coming in, there is an incredible overload on the industry, the businesses and the licensees." The FPA also said that it would be meeting the independents, the greens, the opposition and the government to gather ...

APRA sets dates for ERF transitions

JAMES FERNYHOUGH  |  MONDAY, 3 JUN 2013
... This prudential standard will take effect on 1 July 2014, and will apply to all registrable superannuation entity (RSE) licensees. RSE licensees wishing to retain an ERF after 1 January 2014 must advise APRA by 15 July. Those that do not must prepare ...