Category | Dealer Groups

ASIC Accepts EU From Non-Aligned Advice Group

ASIC has accepted an enforceable undertaking (EU) from Queensland boutique financial advice group, Sentinel Private Wealth (SPW), after it was found to have given poor financial advice. (more…)

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0 · October 16, 2017 in Compliance & Regulation, Dealer Groups  

Advice Regulation to Cost $30 Million

The cost of regulating the total financial advice sector will come close to $30 million, according to ASIC, which is expecting to recover most of that sum from financial advisers and licensees that provide advice to retail clients. (more…)

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1 · October 9, 2017 in Compliance & Regulation, Dealer Groups  

BTFG Restructures Advice Businesses

BT Financial Group (BTFG) will separate advice staff who provide online, phone based or general advice from those who provide face to face advice in a move which confirms it will not be replacing its outgoing General Manager for financial advice. (more…)

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0 · October 5, 2017 in Appointments, Company News, Dealer Groups  

News in Brief

AFA Holding Constitutional Change Webinar; Fitzpatrick Funding Deal; Infocus Purchases Announcer; ASIC Extends Timeframe for Consultation Panel Nominations (more…)

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0 · September 5, 2017 in Associations, Company News, Dealer Groups  

News in Brief

AFA Announces Education Award Finalists; Female Excellence in Advice Award Semi-Finalists Named; AIA Priority Protection on Macquarie Wrap; Hillross Turns 30 (more…)

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0 · August 29, 2017 in Associations, Company News, Dealer Groups, Products  
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Poll Results – Risk Product Shelf Space Fees Conflicted

Most advisers believe life product shelf space fees paid to dealer groups represent conflicted remuneration. (more…)

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1 · August 22, 2017 in Compliance & Regulation, Dealer Groups, Polls, Remuneration  

News in Brief

ASIC Seeks Peer Review Panel Members Infocus to Expand H&R Block Referral Program ClearView Signs Xplan for Scaled Advice (more…)

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0 · August 15, 2017 in Company News, Dealer Groups, Services, Technology  

News in Brief

Evalesco Shifts Licensee AIA Australia Health Insurance Brand Open for Business ASIC Accepts Enforceable Undertaking from Findex (more…)

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0 · August 1, 2017 in Compliance & Regulation, Dealer Groups, Products  

Industry Pays Tribute to Gerry Porter

The AFA and Synchron have paid tribute to long serving adviser, former AFA Board Member and former Synchron Queensland State Manager, Gerry Porter, after he passed away on 29 July 2017. (more…)

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2 · July 31, 2017 in Dealer Groups  
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Advisers and Licensees To Pay Under ASIC Funding Model

Smaller licensees are likely to feel the pinch under ASIC’s new industry funding model after it announced that all licensees providing financial advice will be required to pay a $1500 levy alongside individual adviser levies. (more…)

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1 · July 17, 2017 in Compliance & Regulation, Dealer Groups