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Showing 81 - 90 of 1224 results for "Licensees"

4600 relevant providers yet to meet qualification standards: ASIC

KARREN VERGARA  |  TUESDAY, 24 JUN 2025
... "It's possible that some of these relevant providers may be eligible for the experienced provider pathway, but their AFS licensees are yet to advise us of that. "It is crucial for ASIC to be provided with accurate information in the lead up to the January ...

ASIC calls on AFS licensees to 'step up'

ELIZA BAVIN  |  TUESDAY, 24 JUN 2025
... onboarding and verification practices, in addition to their share sale fraud detection practices. ASIC added that AFS licensees that deal in securities have a critical role in preventing and detecting share sale fraud, both individually and collectively. ...

‍Padua recruits tech professional

ELIZABETH FRY  |  THURSDAY, 19 JUN 2025
... technical solutions," he said. " We look forward to Dimitri playing a key role in strengthening our offering to advisers and licensees as we continue to grow and evolve in a rapidly changing industry.". At the forefront of data-driven, tech-enabled advice ...

Super funds to take stock of information security controls

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
The super funds that saw member accounts breached by cybercriminals in April have been instructed to undertake a "special purpose engagement," as APRA asks all trustees to review their compliance with Prudential Standard CPS 234 Information Security. ...

ASIC accuses Kalkine of providing unlicensed advice

ELIZA BAVIN  |  FRIDAY, 23 MAY 2025
... were complying with the law when interacting with consumers were inadequate. ASIC deputy chair Sarah Court said AFS licensees are responsible for the conduct of their representatives and must have adequate supervision arrangements in place. "As a result ...

Vision Super defends new but 'archaic' policy

ELIZA BAVIN  |  TUESDAY, 13 MAY 2025
... offshore. I said that was ridiculous - half the practices in Australia use offshore staff to keep costs down, including licensees," Boce said. "He told me the policy was introduced because they were worried about releasing information to offshore facilities ...

Licensees slash compliance spending: Survey

KARREN VERGARA  |  WEDNESDAY, 7 MAY 2025
An alarming number of licensees are spending less on compliance, a new survey from Holley Nethercote shows, but a slew of reforms slated within the next 18 months could catch them off guard. Out of the 179 AFS Licensees and 29 credit licensees surveyed ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... advice they provided, resulting in poor financial outcomes for the consumers involved," Court said. "Financial services licensees who employ advisers to provide personal financial advice need to ensure that they place their clients at the forefront. ...

AMP shareholders approve executive pay

KARREN VERGARA  |  MONDAY, 14 APR 2025
... share buyback, part of our $1.1 billion capital return program," she said. During the year, AMP offloaded its advice licensees and support service business to Entireti and AZ NGA. Its former licensees - AMP Financial Planning, Hillross and Charter Financial ...

ASIC asks for input on reportable situations, IDR dashboards

JAMIE WILLIAMSON  |  THURSDAY, 10 APR 2025
... reports of no complaints in a period. Firms would be named and their AFSL number published alongside them, but individual licensees' names and AFSL numbers would not. The reportable situations data would be published annually, while the IDR data will ...