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Financial planning
Licensing regulation should prioritise consumer outcomes over institutional convenience, according to Assured Support, and the compliance firm has suggested an alternativ...
Financial planning
A new report from the Financial Services Council has detailed what advisers value the most from their licensee, as well as the time and cost savings from being part of an...
Financial planning
The FAAA is hopeful that it can achieve co-regulation by 2030, acting as a stepping stone towards its ultimate goal of a fully self-regulated financial advice profession ...
Financial planning
Questions have been raised regarding the viability of the current Australian Financial Services licensing regime, and the role that licensees have to play in monitoring a...
Financial planning
ASIC has shared how many Australian financial services licences were granted and rejected by the corporate regulator in the 2022-2023 financial year....
Financial planning
Advisers are likely to look towards self-registration with the regulator rather than a licensee model in the future, but self-licensing is not without its pitfalls, accor...
Policy & Regulation
Faced with the uncertainties of COVID-19 the Australian Prudential Regulation Authority has suspended new licensing for banks, insurers and superannuation funds....
Accounting
The Australian Securities and Investments Commission has released online guidance and information sheets intended to help limited Australian financial services licensees ...
Financial planning
AFSLs could risk breaching their compliance obligations should they choose to employ someone with a conviction or bankruptcy, and should consider the nature of the offenc...
Policy & Regulation
Want an AFSL? Better be ‘fit and proper’. A Government taskforce is proposing tough new powers which would enable ASIC to refuse licensing to those it deems not to be ‘fi...
Financial planning
Advisers transitioning away from vertically integrated models should consider a co-operative group instead of self-licensing to avoid inherent risks. ...
Financial planning
Complete Financial Balance has joined the Arthur J. Gallagher group as it looks to enhance their advice and benefit proposition to SMEs....
Financial planning
The financial advice market is at an inflection point of various underlying business models within Australia’s licensee brands, according to Fitzpatricks Private Wealth....
Financial planning
A former Guardian adviser found moving to a new licensee as an authorised representative provided her with comprehensive insight into her business and ASIC’s compliance p...
Financial planning
A law firm has warned AFSLs and credit licence applicants can expect ASIC to take a tougher approach to assessing their applications but the exact requirements were not c...
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The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...