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Showing 1 - 10 of 1233 results for "licensees"

Advisers lean on AQF7 to meet education standards: Rainmaker

MATTHEW WAI  |  FRIDAY, 24 JUL 2026
... recognises long-tenured advisers with a clean record. According to Rainmaker's Financial Adviser Report for the June quarter, licensees are viewing AQF 8 as the benchmark for advisers moving forward. The Graduate Diploma (AQF 8) is the most common highest ...

ASIC simplifies guidance to improve capital raising activity

MATTHEW WAI  |  THURSDAY, 23 JUL 2026
... eight, under a new principles-based proposal by ASIC. Sell-side research is prepared by Australian financial services licensees such as investment banks and stockbrokers to help clients make investment decisions including about upcoming initial public ...

FEATURE | Platforms | The investment supermarket

RIDDHIMA TALWANI  |  TUESDAY, 21 JUL 2026
... "Platforms already sit within a multi-layered governance model - filtering out unsuitable options, with researchers, licensees and advisers applying further scrutiny - so the objective should be to enhance those controls, not duplicate them in a way ...

HUB24 FUA soars over $164bn

MATTHEW WAI  |  TUESDAY, 21 JUL 2026
... portfolio services (IDPS)," HUB24 explained. During the quarter, the platform also increased agreements with 36 new licensees, bringing the total number of advisers on platform to 5649, growing 11% from the same period last year. HUB24 said strong demand ...

June adviser exam registers 72% pass rate

KARREN VERGARA  |  MONDAY, 6 JUL 2026
... with a 71.6% pass rate. An analysis by Padua WealthData highlighted the adviser numbers dropping below 15,000, as seven licensees have reduced to zero advisers. In the new financial year, the adviser population dipped below 15,000, as seven licensees ...

ASIC ceases a further 26 authorisations after review

MATTHEW WAI  |  FRIDAY, 3 JUL 2026
... 132 individuals did not have any qualifications or training courses marked from some 82 Australian financial services licensees. Of those individuals, 106 records on the FAR have been updated to reflect they are, in fact, qualified, while 26 have had ...

ASIC cancels AFSL of Capital Guard over fake bond sale

ELIZA BAVIN  |  FRIDAY, 3 JUL 2026
... engaged in conduct that is misleading or deceptive, dishonest, and inconsistent with the fundamental obligations of AFS licensees to act efficiently, honestly and fairly," ASIC said. "ASIC's action reflects its ongoing focus on disrupting investment ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
... to serve the purposes of general and specific deterrence, and reinforces the vital importance of financial services licensees ensuring that the systems they deploy in the provision of those services are designed and operated in a way that connects with ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
... persistent gaps in advice fee controls, limited checks of advice documents, insufficient focus on understanding the advice licensees' and if they use lead generators or third-party referral sources along with inadequate monitoring of key risk indicators ...

ASIC expands list of super lead generation entities

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... their own data to help detect potentially harmful switching behaviour. The regulator is continuing its review of advice licensees that use lead generation business models and intends to publish further findings later this year.
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