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Showing 81 - 90 of 100+ results for "Financial Adviser Register"

Rush of advisers sign up before FASEA deadline

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
The final quarter of 2018 saw more than 4000 financial advisers sign up to ASIC's Financial Adviser Register. According to a Rainmaker analysis of ASIC data, an extra 4037 financial advisers registered as authorised representatives to meet FASEA's ...

Major advice licensee in possible best interest breach

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2019
... representatives was in the best interests of clients. According to Rainmaker analysis of ASIC's Financial Adviser Register, SMSF Advisers Network has 1043 advisers on its books, as at April 2019. The group was under surveillance by ASIC after the ...

ASIC bans former NAB, CBA advisers

JAMIE WILLIAMSON  |  THURSDAY, 24 JAN 2019
... 2015. ASIC determined Nguyen was likely to contravene financial services law again. According to ASIC's Financial Adviser Register, Nguyen ceased as an adviser and as a representative of Interprac this week. The regulator also banned Matthew Geappen ...

Super pool ripe for adviser picking

JAMIE WILLIAMSON  |  THURSDAY, 29 NOV 2018
... Baby Boomers. According to Rainmaker data, as at October 2018 there was 24,889 advisers on ASIC's Financial Adviser Register. With widespread predictions that up to 50% of existing advisers will exit the industry as a result of new education standards ...

Code of ethics still the main game: FPA

DARREN SNYDER  |  MONDAY, 19 NOV 2018
... public address. The FPA's head of policy and standards also briefly spoke about some updates to the ASIC Financial Adviser Register (FAR), which were meant to come into effect from January but have been delayed until next November. He also spoke about ...

More than half of advisers without association membership

JAMIE WILLIAMSON  |  THURSDAY, 8 NOV 2018
... suggesting a further 12,489 advisers may not be a current member of any professional body. According to the Financial Adviser Register, 8105 advisers identify as members of the Financial Planning Association of Australia - almost three and a half times ...

ASIC delays adviser reporting deadlines

KARREN VERGARA  |  THURSDAY, 11 OCT 2018
... advisers. On 1 August 2018, ASIC announced existing financial advisers that don't appear on its Financial Adviser Register (FAR) will be forced to complete the new exam by 1 January 2019 if they don't register soon. ASIC's guidance said only ...

ASIC bans Spectrum Wealth adviser

KARREN VERGARA  |  WEDNESDAY, 10 OCT 2018
... or inadequately trained in providing financial services. His banning will be recorded on ASIC's Financial Adviser Register. His ban is a result of ASIC's Life Insurance Lapse Data Project (LILD Project), under which the corporate regulator receives ...

Dealer groups lift due diligence post Dover

JAMIE WILLIAMSON  |  MONDAY, 17 SEP 2018
... licensing arrangements. Hundreds were successful in doing so before the July 6 deadline, but latest ASIC Financial Adviser Register data shows more than 100 financial advisers are still without an AFSL or have left the industry. Of the 394 Dover advisers ...

ASIC staff to investigate institutions from the inside

JAMIE WILLIAMSON  |  TUESDAY, 7 AUG 2018
... known as regtech. The balance will be directed towards improving consumer access to the ASIC's Financial Adviser Register and ensuring compliance by licensees and advisers with the Future of Financial Advice laws. In a joint statement, Treasurer ...