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Showing 1 - 10 of 1132 results for "Representatives"

Small pocket of failed measures can 'blow the entire business': Anderson

MATTHEW WAI  |  FRIDAY, 29 MAY 2026
... policy, advocacy and standards Phil Anderson warned licensees to improve their control measures for authorised representatives to avoid any unintended consequences. Breaking down licensees' responsibilities when it comes to monitoring authorised representatives ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... consumers' needs at the forefront. The regulators' roundtable of life insurance chief executives, which had representatives from 19 insurers and reinsurers, Treasury and the Council of Australian Life Insurers (CALI), discussed several issues ...

Openmarkets makes private wealth play

JAMIE WILLIAMSON  |  TUESDAY, 5 MAY 2026
... Investment Partners and Cahill Private Clients are some of the businesses now operating as corporate authorised representatives under the Openmarkets AFSL. The offering is described as a product-agnostic, turnkey AFSL solution and allows advisers to ...

QIC faces heat over aviation firefighting asset privatisation

RIDDHIMA TALWANI  |  TUESDAY, 5 MAY 2026
... modernisation of ARFFS assets. They added that Airservices Australia has been actively consulting staff, union representatives and government since December, and no decision has been taken to proceed with any proposal. Financial Standard understands ...

Sequoia abandons InterPrac sale

KARREN VERGARA  |  FRIDAY, 1 MAY 2026
... First Guardian master funds. About $677 million is estimated to be owed to investors who were advised by InterPrac representatives to invest in the failed funds. ASIC insisted a receiver must be appointed to investigate and report on whether the deal ...

ASIC reviews AFSLs over finfluencer concerns

ELIZA BAVIN  |  FRIDAY, 24 APR 2026
... obligations when engaging finfluencers. Under the arrangements, unlicensed finfluencers may operate as authorised representatives of AFS licensees, however responsibility for supervising finfluencer conduct and the liability for any breaches remains ...

SMSF Adviser Network shuts its doors, 85 advisers vanish from FAR

MATTHEW WAI  |  FRIDAY, 10 APR 2026
... subsequently seen its entire fleet of 85 advisers delisted from ASIC's financial adviser register (FAR). SAN's representatives were predominantly accountants who operated under a limited licence to provide advice on SMSF establishments and classes ...

Sale of Interprac raises eyebrows at ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 8 APR 2026
... Funds. There are currently more than 900 open complaints with AFCA in relation to advice provided by Interprac representatives, and the complaints body has published two lead determinations that would influence their outcomes. About $677 million is owed ...

Treasury proposes lead generator, super switching reforms

KARREN VERGARA  |  WEDNESDAY, 8 APR 2026
... conflicted remuneration ban is up for consideration. These are typically third-party lead generators and their representatives that are not licensees providing financial advice or product issuers/seller whose actions could reasonably influence advice ...

Another former Venture Egg adviser slapped with four-year ban

MATTHEW WAI  |  TUESDAY, 31 MAR 2026
... representative of Reilly Financial in the following year. Interprac is being sued by ASIC over its failures to ensure representatives acted in clients' best interests, while Venture Egg has been ordered by the Federal Court to be wound up on "just and ...
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